RobertW35 (Florida)
Posts: 48
Posts: 48
Posted:
Hello Everyone. Today I am inquiring about the 80/20 Rule in Florida for 55+ Communities. What are the financial implications to the HOA and therefore to each individual homeowner in the community if the 80/20 rule is not up to date or is in violation. We are coming close to a Developer Turnover and although I've been verbally informed that the Census (80/20 Rule) is fine, I have my doubts. So I would like to know what are the consequences to the community if we are not in compliance. Thank you