We are frequently retained by homeowners associations and condominium associations who have just undergone transition/turnover from developer control to control by the unit owners other than the developer. Two of the first questions we ask them are 1) what amenities and other common elements does the association own or is it required to maintain; and 2) has the association, in consultation with an engineer or other expert, inspected the common elements to ensure they are free from defects? We ask these questions right up front during our initial consultation because of Florida’s Statute of Limitations and Statute of Repose, which limit the time within which the Association may pursue recovery of expenses for needed repairs to the common elements from the developer or other individuals or entities arising from the improper design or construction. (Note: Applicable Statutes of Limitations and Repose differ according to the nature of the claim – this article focuses only on construction and design defect claims). Continue reading “What Every HOA and Condo in Transition/Turnover Should Know About Florida’s Statutes of Limitations and Repose”
Tag: HOA Law
HOA Advanced Board of Directors Training
Join us on Wednesday, September 12th or Thursday, September 13th for an HOA Advanced Board of Directors Training. RSVP today!