Fiduciary Duty Claims Against Florida HOA and Condominium Boards: Mismanagement, Self-Dealing, and Financial Transparency Issues
A board controls community money, but it does not own it. Florida HOA and condominium directors make decisions that affect assessments, reserves, repairs, contracts, insurance, records, vendors, enforcement, and property value. A fiduciary duty claim may arise when those decisions are careless, conflicted, hidden, or financially harmful. Under Florida condo law, condominium officers and directors […]