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CONDO “TRUST” FUND?

By Jan Bergemann

Published September 2, 2022

 

CONDO TRUST FUND sounds great, but I think the trust in this fund is long gone. Only a small part of the money collected in the fund is actually used for the real purpose it was once intended: Paying for a regulatory agency for Condominiums, Timeshares, and Mobile Homes, making sure that the statutes and rules governing these communities are upheld.

 

The idea was good, the execution absolutely “sucks”!

 

Not only does the Division of Florida Condominiums, Timeshares, and Mobile Homes fail to do its job as required by law, a big part of the money collected from the owners is plainly abused by the legislature.

 

I don’t think that the legislators creating this “CONDO TRUST FUND” wanted this money – actually another form of tax – to pay for “pork”. More than 50% of the money is going into the GENERAL TAX Fund, where it disappears for everything but for the benefit of the owners paying into this fund: $ 4 ANNUALLY!

 

But even the funds used to pay for the Division of Florida Condominiums, Timeshares, and Mobile Homes would be sufficient to create a “useful” regulatory agency. But the absolutely dismal performance of this Division has caused many owners to call for the dissolution of this agency, because they feel that their money could be used for a much more useful purpose anywhere else.

 

Asking this agency to enforce all the new rules and regulation created by the Florida Legislature in the latest special session seems to me more like a bad joke, considering the horrible performance of the Division in the past.


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Jan Bergemann

Jan Bergemann is president of Cyber Citizens For Justice, Florida 's largest state-wide property owners' advocacy group. CCFJ works on legislation to help owners living in community  

associations. He moved to Florida in 1995 - hoping to retire. He moved into a HOA, where the developer cheated the homeowners and used the association dues for his own purposes. End of retirement!

 

CCFJ was born in the year 2000, when some owners met in Tallahassee - finding out that power is only in numbers. Bergemann was a member of Governor Jeb Bush's HOA Task force in 2003/2004.

 

The organization has two websites to inform interested Florida homeowners and condo owners:

News Website: http://www.ccfj.net/.

Educational Website: http://www.ccfjfoundation.net/.

   
We think that only owners can really represent owners, since all service providers surely have a different interest! We are trying to create owner-friendly laws, but the best laws are useless without enforcement. And enforcement is totally lacking in Florida !


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