Cadet Property & Association Management
Board Members

Stay compliant. Stay informed.

As a board member, you have a legal responsibility to your community. We help you stay aligned with Florida statutes so you can govern with confidence and avoid costly compliance issues.

Key Board Duties Under Florida Law

  • Fiduciary duty to act in the best interest of the association
  • Maintain accurate financial records and provide regular reports
  • Ensure proper insurance coverage for the association
  • Conduct regular board meetings with proper notice
  • Maintain reserve funds as required by Florida law
  • Comply with governing documents (bylaws, declarations, rules)
  • Ensure annual budget adoption and distribution
  • Oversee maintenance of common elements and areas

Florida Statutes — Quick Reference

§

Florida Statute 718 — Condominiums

The Florida Condominium Act governs the creation, sale, and operation of condominiums. Board members must understand their obligations under this statute.

Read Full Statute
§

Florida Statute 719 — Co-operatives

The Cooperative Act outlines the legal framework for co-op governance, shareholder rights, and board responsibilities in Florida.

Read Full Statute
§

Florida Statute 720 — HOAs

The Homeowners' Association Act covers governance, assessments, meetings, and member rights for HOA communities in Florida.

Read Full Statute

Need compliance guidance?

Our team stays current on Florida association law so your board doesn't have to. We'll flag issues before they become problems.

Talk to Us