(813) 843-8311Condo Association Management
Florida asks more of Condo boards now. Don't carry it alone.
A condo association runs a condominium under Chapter 718 of the Florida Statutes. Florida has added new inspection, reserve and record rules for many Condo buildings, and the association is responsible for them. When the manager is slow to call back, dates slip.
What we keep track of
The dates, the vendors and the money, in one place.
- Inspections. What the board has done and the next date it has on file.
- Reserves. Whether the reserve study is done and how it shows in the budget.
- Records. What owners can get today, and how.
- Money. Late dues and how vendors get paid.
Who you work with
A licensed manager you can call.
Cody Powell is a Licensed Community Association Manager (LCAM), the Florida license for managing condo and HOA communities. Janice and Cody Powell founded Powell Realty in Brandon in 2009 and still run it.
When one team keeps the dates, the vendors and the money, your board stops chasing and starts deciding.
One association came to us carrying $495,000 in late dues. Its old management company charged extra fees, even a fee per page for faxes it had asked for. Powell took over management. We still manage it today.
Florida law
The rules your condo works under.
- 01
Chapter 718The Condominium Act. It governs condo associations: budgets, reserves, records and meetings.
- 02
Sections 553.899 and 718.112Condo buildings three or more stories tall need milestone structural inspections and a structural integrity reserve study.
- 03
Chapter 468, Part VIIIA manager paid to run an association with more than 10 units or a budget over $100,000 must hold a state community association manager license. Cody Powell holds one.
This is general information, not legal advice. Your association's attorney has the final word.
What your board has on file
Every record, in one portal.
- 01
Monthly financialsBalance sheet, income statement and delinquency report.
- 02
Annual budgetThe adopted budget with the reserve allocation shown.
- 03
Meeting minutesBoard and membership meeting minutes as approved.
- 04
Governing documentsDeclaration, bylaws, articles and recorded amendments.
- 05
Vendor contractsExecuted contracts, insurance certificates and renewal dates.
- 06
Reserve studyThe current study and the funding schedule it recommends.
Questions
Condo management, answered.
What is a condo association?
A condo association, sometimes called a COA, runs a condominium. Florida's Condominium Act, Chapter 718 of the Florida Statutes, governs its budgets, reserves, records and meetings.
Which condo buildings need milestone inspections?
Under sections 553.899 and 718.112 of the Florida Statutes, Condo buildings three or more stories tall need milestone structural inspections and a structural integrity reserve study. Your association's attorney and engineer have the final word on your building.
Does a condo manager in Florida need a license?
Yes. Under Chapter 468, Part VIII of the Florida Statutes, a manager paid to run an association with more than 10 units or a budget over $100,000 must hold a state community association manager license. Cody Powell of Powell Realty holds one.
What does the free Board Snapshot look at for a condo?
Where inspections stand, where reserves stand, what records owners can get today, and how dues and vendor bills are handled. It is a management review, not legal advice.
Where do you manage condo associations?
We serve all of Florida from our Brandon office at 208 Lake Parsons Green. Most of our communities are in the Tampa Bay area. Call (813) 843-8311 to reach a person.
Where we work
Condo association management across Tampa Bay.
Next step for boards
See where your building stands.
A free Board Snapshot for Florida Condo, HOA and CDD boards. It comes from a licensed, family-owned firm in Brandon.
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