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RubenJ (Florida)
Posts: 4
Posted:
My community have a very unprofessional and misleading Board of Directors and we don’t want to do a recall base upon nobody in our community wants to serve on the Board. We are questioning if we ask the State of Florida to take over the HOA.

In this situation; Can the State of Florida perform as a management company in a HOA?
SureshD
Posts: 268
Posted:
Yes. It's called "receivership" and is typically NOT what you want.

Review this link for more info:
http://www.hoaleader.com/public/353.cfm

...or do your own Google search.
RubenJ (Florida)
Posts: 4
Posted:
Thank you for the advise.
BrianB (California)
Posts: 2,820
Posted:
Can they? Yes. And you should be comforted, because they will likely do as good a job being a surrogate management system for your HOA as they do as surrogate parenting systems for child welfare and fostering.

JeffP6 (Florida)
Posts: 91
Posted:
I would not go this route - it will increase your costs as you have to pay them something for managing your HOA and they will do it only if you dont have a Board - meaning if your Board says hey we have a Board then they most likely will not go forward.

Make yourself aware of 720 - http://www.ccfjedu.net/HOAFS720.3053-2008.htm
CarolF (Florida)
Posts: 435
Posted:
Ruben - I'm just curious whether you have a management company. Also, were you under the impression that you would not have to pay for the receivership services.
DonnaS (Tennessee)
Posts: 5,671
Posted:

Ruben,

Trust me when I say that this is NOT the route that you want to take. The expenses are huge for the HOA. Lawyers, Judges and appointed managers and legal work will cost tens of thousands annually. Get your members head's unburied if they don't want to find out how fast their dues will skyrocket.

By the way, the State will NOT manage your association for you. They WILL appoint a Judge who will then appoint lawyers to take over. $$$$$$$$$$$$$$$$$$$

So your Board is unprofessional and misleading? All of them?

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