Actual association reserve study values: nominal vs. invested in similar fashion to the Florida Retirement System (FRS) data commencing 2007.
PURPOSE: The purpose of this Investment Directive is to provide a clear statement of the Organization’s investment objective, as defined in the organization’s Bylaws and establish a Finance Committee that is involved in preparing recommendations to the Board relating...
THE FOUR C'S OF AN EFFECTIVE HOA BOARD Q&A The collapse of Champlain Towers South, a 12-story condominium association in Surfside, FL, captured the nation’s attention because it was so unexpected and so deadly. In the midst of so many unanswered questions about...
THE FOUR C'S OF AN EFFECTIVE HOA BOARD Q&A The collapse of Champlain Towers South, a 12-story condominium association in Surfside, FL, captured the nation’s attention because it was so unexpected and so deadly. In the midst of so many unanswered questions about...
Reserve Studies & Reserve Management What are best practices? A best practice is a technique or method that has proven reliably to lead to a desired result or outcome. Business best practices are proven, repeatable, documented techniques that deliver measurable...
Investing Association Funds While the Condominium Act does not restrict the types of investments that associations may use to generate a return on it funds, there are a few things that board members should keep in mind about investing association funds. First, board...
Department of Business and Professional Regulation DIVISION OF FLORIDA CONDOMINIUMS, TIMESHARES, AND MOBILE HOMES Our Goals To describe the budgeting process, and highlight the statutory requirements for preparing the association budget and reserve schedules. This...