Condo Q&A

What are the regulations for Florida Condo Association committees?

Written by stephen polinsky | Mon, Jan 19, 2015 @ 01:00 PM

I have three questions regarding Florida Condo Association committees.

  1. Do Florida statutes regulate Condo Association committees that raise money?
  2. Do these committees keep financial records, and do they have checking accounts under the name/auspice of their affiliated Condo Association?
  3. What is the accountability for committees who have in excess of $1,000 in their possession?

Thanks!