WHEN THE GOING GETS TOUGH

By Eric Glazer, Esq.

Published December 5, 2022

 

It has always been difficult to get volunteers to be on the Board of Directors.  Even when times are good and the building has made repairs and has some money in the bank, you can never count on owners to volunteer their time for a position where on their best day they will be second guessed and criticized.  Itís always touch and go as to whether an election will even be required in most condominiums because there wonít be enough volunteers.  Maybe itís because the job doesnít pay too much.

 

Well, if you thought it was hard to get volunteers for the Board before, you ainít seen nothing yet.  Members of Boards starting in 2025, and perhaps some Boards getting a jump on the new laws know that they certainly wonít be winning any popularity contests by serving on the board, especially when they prepare the associationís annual budget.  These new Board members will be the ones who have to tell the members of the community that their monthly assessments are about to skyrocket due to:

  1. Mandatory Phase One Inspections;

  2. Probable Phase Two Inspections;

  3. Massive required repairs in order to pass the 25,  30, 40 or 50 year inspections;

  4. The full funding of a reserve account based upon a structural integrity reserve study;

  5. The fact that reserves can no longer be waived.

  6. Massive Increases in the associationís insurance.

These board members will need to sit behind barbed wire and Police ďDo Not CrossĒ tape during the budget meeting.  They will probably want to be escorted to their units after the meeting by security.  Bottom line is they are going to be facing hostile crowds.

 

Letís say they make it back to their unit and still wish to remain on the Board.  Now the fun begins.  These board members will have to hire the architects, hire the engineers, hire the contractors, make sure the repairs get made and pay all of the associationís massive bills. They may also have to negotiate a loan from a local bank so that everyone doesnít have to come out of pocket for all the repairs.  Of course they will also still have the usual responsibilities of Board members such as attending meetings.

 

So who in the world is going to want to serve on the Board in 2025 when all of these new laws go into effect?  Why would anyone stick their neck out so far?  Well, if you were always a board member, you may not be scared of the responsibilities to come.  On the other hand, if you were shy of becoming a board member before, I donít doubt that youíre going to remain the same and stay away.  Itís going to get tough ladies and gentlemen.  But will the tough get going and make the associationís Board the best it can be?

HTML Comment Box is loading comments...
 

About HOA & Condo Blog

Eric Glazer

Eric Glazer graduated from the University of Miami School of Law in 1992 after receiving a B.A. from NYU. He has practiced community association law for three decades and is the owner of Glazer and Sachs, P.A. a five attorney law firm with offices in Fort Lauderdale and Orlando.

Eric is Board Certified by The Florida Bar in Condominium and Planned Development Law.

 

Since 2009, Eric has been the host of Condo Craze and HOAs, a weekly one hour radio show that airs at 11:00 a.m. each Sunday on 850 WFTL.

   

See: www.condocrazeandhoas.com.

   

Eric is the first attorney in the State of Florida that designed a course that certifies condominium and HOA residents as eligible to serve on a Board of Directors and has now certified more than 20,000 Floridians all across the state. He is certified as a Circuit Court Mediator by The Florida Supreme Court and has mediated dozens of disputes between associations and unit owners. Eric also devotes significant time to advancing legislation in the best interest of Florida community association members.



Join Our CondoCraze & HOAs Email List
Email:  
For Email Marketing you can trust