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Can master community merge associations, keep separate financials?


We have a carriage home (condo) in Fort Myers, Florida. Our community has 552 doors in it of which 200 are condo and the rest are single family homes. There are presently 4 different associations within 2 for the single family homes, 1 for the condos, and 1 for the community association. It is getting harder to find people to run for these positions so we are being told that they are going to merge all the associations into one, but keep the financials separate for each. I'm looking for an answer first of all, is this legal? Second, how do you manage all of this with a seven person board? I need answers soon before the next meeting on March 22nd. Thanks! JoAnne

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