This is a blog covering Florida condominium association and homeowner association law. I will cover collections, legal issues, case law, and day to day insight into operations of community associations. Unlike Charles Johnson or Markos Moulitsas, I will not be posting 10-15 stories a day...until you do!
Saturday, November 14, 2009
What directors can learn from the Supreme Court
This link relates to for profit directors, as well as a good overview of the Supreme Court and how it works. Its worth a read. Many directors of community associations do not understand the magnitude of the asset base they are responsible for. Even a "small" community with 30 homes each worth $200,000 is responsible for operating a $6 million asset. This goes to my saying that professional management is not a cost, but an asset, so you can be prepared to be at your best at your meeting....click on the highlighted underlined sentence above!!!!!
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