PeterB1 (Florida)
Posts: 257
Posts: 257
Posted:
We (HOA in Florida) have just received a request from a resident (1) to inspect all financial records from Jan 1, 1985 to present and (2) to inspect all the historic records of the Architectural Review Board (ARB). Through previous correspondence with the resident, we suspect they continue to try to prove they should not pay 3 assessments for the 3 lots they own.
The ‘why’ in this case is really not relevant. The 'how' we do this is the issue we are faced with. Florida statute is clear that we must allow inspection of official records, allow copying, and we may not require a statement of purpose. I need your suggestions as to how we accomplish this.
We are only required (by FL 720) to maintain financial records for 7 years. I am pretty sure that we do not have good records that far back. Various bookkeepers have worked on the account 5+ years ago. I am not aware of any specific record retention requirements for ARB records.
How do I go about allowing access, but still retain some semblance of privacy and confidentiality for our residents?
Our financial records are maintained on a computer system. How do I ask our accountant to provide access? May I charge the hourly rate of the accountant to provide the requested ‘inspection’ capability?
How do I provide access to historical ARB records which are maintained by an outside firm? May I charge them the hourly rate of the architect who maintains these files?
Are there any ‘legal’ constraints I can place on this request so that it does not become a fishing trip?
Thanks.
The ‘why’ in this case is really not relevant. The 'how' we do this is the issue we are faced with. Florida statute is clear that we must allow inspection of official records, allow copying, and we may not require a statement of purpose. I need your suggestions as to how we accomplish this.
We are only required (by FL 720) to maintain financial records for 7 years. I am pretty sure that we do not have good records that far back. Various bookkeepers have worked on the account 5+ years ago. I am not aware of any specific record retention requirements for ARB records.
How do I go about allowing access, but still retain some semblance of privacy and confidentiality for our residents?
Our financial records are maintained on a computer system. How do I ask our accountant to provide access? May I charge the hourly rate of the accountant to provide the requested ‘inspection’ capability?
How do I provide access to historical ARB records which are maintained by an outside firm? May I charge them the hourly rate of the architect who maintains these files?
Are there any ‘legal’ constraints I can place on this request so that it does not become a fishing trip?
Thanks.