JimB37 (Florida)
Posts: 76
Posts: 76
Posted:
I've spent part of the afternoon researching this question in topics and not found anything relevant. If I have missed it, my apologies for the duplication and point me in the right direction.
Master association is responsible for maintaining records for both Master (homes) and sub (condos) associations relative to owner and tenant information. This requirement is stated in documents. The sub must submit documents every 30/180/365 days depending upon the nature of the rental. The master association is not receiving cooperation from sub association in that the sub is not providing the required documentation to the master, nor is the sub taking action against owners who are cycling through tenants on a regular basis without the required documents. (Based upon neighbor accounts.)
A conversation with the attorney is forthcoming, but I would like hear from anyone willing to offer their opinion on this as I would like to know if my head is in the right place on this beforehand.
First, I believe this to be a violation of the sub's fiduciary responsibility in that they are not abiding by the documents and are therefore not acting in the best interests of either of the associations. Unfortunately, from what little I know of Florida law, there aren't likely to be any sanctions for this unless there is some evidence of fraud or self enrichment.
Another aspect of this is what to do about the director who sits on both boards who is responsible for the sub's conduct, but is unwilling to do much to resolve the issue which is an obvious violation of the rules. Our documents and statutes provide guidance when such actions are committed by an owner, but apparently, the writers didn't anticipate this sort of conduct from a Director - or the sub association for that matter.
Just how does one go about sanctioning a sub association???
I've not discovered any material that covers these questions and I'm not even certain there is any mechanism for doing so outside of the usual membership votes.
Thanks to all in advance who take the time to offer their insights.
Master association is responsible for maintaining records for both Master (homes) and sub (condos) associations relative to owner and tenant information. This requirement is stated in documents. The sub must submit documents every 30/180/365 days depending upon the nature of the rental. The master association is not receiving cooperation from sub association in that the sub is not providing the required documentation to the master, nor is the sub taking action against owners who are cycling through tenants on a regular basis without the required documents. (Based upon neighbor accounts.)
A conversation with the attorney is forthcoming, but I would like hear from anyone willing to offer their opinion on this as I would like to know if my head is in the right place on this beforehand.
First, I believe this to be a violation of the sub's fiduciary responsibility in that they are not abiding by the documents and are therefore not acting in the best interests of either of the associations. Unfortunately, from what little I know of Florida law, there aren't likely to be any sanctions for this unless there is some evidence of fraud or self enrichment.
Another aspect of this is what to do about the director who sits on both boards who is responsible for the sub's conduct, but is unwilling to do much to resolve the issue which is an obvious violation of the rules. Our documents and statutes provide guidance when such actions are committed by an owner, but apparently, the writers didn't anticipate this sort of conduct from a Director - or the sub association for that matter.
Just how does one go about sanctioning a sub association???
I've not discovered any material that covers these questions and I'm not even certain there is any mechanism for doing so outside of the usual membership votes.
Thanks to all in advance who take the time to offer their insights.