Unpaid County Property Taxes and What they Mean for Your Community

28 Feb 2018 in

Owners who fail to pay their association or mortgage lender often also fail to pay county property taxes, which can result in a tax deed sale and related elimination of past-due assessments. Such taxes accrue annually on November 1st, and are late if not paid by April 1st of the following year. On June 1st, the tax collector can sell a “tax certificate” for the delinquent taxes and interest thereon, at a public auction. The purchaser of a tax certificate (e.g., the county where the property is located, if there are no bidders) may then charge the cost of purchasing the certificate plus interest to “redeem” (resolve and eliminate) the certificate by paying the taxes and interest due.

What is a Registered Agent? Who Needs One?

26 Jan 2018 in

Designating a Registered Agent for your Association is a requirement of Florida’s Not-For-Profit Corporation Law.  If you do not designate a Registered Agent, your corporate status will be in jeopardy of being dissolved and your Association will lose all protection that is afforded you as a Not-For-Profit Corporation.  So, what does that mean?   You may have heard the phrase “piercing the corporate veil.”   No Registered Agent?  Consider your corporate veil torpedoed!  Board Members and Officers may now be personally exposed to liability for matters that should be your Association’s responsibility and your personal assets could be at risk.

Heads up! Potential changes to MRTA incoming!

20 Dec 2017 in

Although the next legislative session has not yet started as of the date of writing (note: starts January 9, 2018), bills affecting community associations are often filed months in advance of the start of the session. We are most closely monitoring, at this time, Senate Bill 266.

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Criminal Sections For Rogue Associations

11 Dec 2017 in

Condominium Associations in Florida are run by Volunteers who for the most part are individuals who have no criminal intent while performing their Association duties.  According to the Final Report of the Miami-Dade County Grand Jury filed February 6, 2017, Condominium Associations and Management Companies have criminal tendencies.  The Grand Jury claims the Department of Business and Professional Regulations are not coming down hard enough or the existing Condo laws and regulations lack “teeth” to keep these rogue Associations and/or Management Companies in check.