Question:
I’m representing a developer of a 24 unit community that wants to form an HOA. He needs help with this.
– Aida
Answer:
Hi Aida,
To start an HOA, the developer must be familiar with the procedures outlined in Florida law on community associations. In Florida, HOAs must be organized as non-profits while condominiums can be for-profit or non-profit organizations.
Apart from this, the developer must create the governing documents such as the articles of incorporation, Covenants, Conditions, and Restrictions (CC&Rs), bylaws, and rules and regulations. They must also appoint a board and file the HOA’s records with the Florida Division of Corporations and the local county recorder’s office. The developer must also purchase the necessary insurance.
Here is a resource you may find helpful:
https://www.
It may be helpful to consult an HOA attorney and HOA management company for this. You can find one in our online directory: https://www.hoamanagement.com/
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.