Recent updates to Florida Statutes have put a new emphasis on how associations must collect, retain and distribute records for their community. Florida law mandates that these documents be kept for a minimum period to ensure accountability and facilitate access for members. Additionally, associations must maintain a well-organized system for record-keeping, allowing residents easy access to relevant documents while safeguarding sensitive information.
Compliance with these regulations not only promotes trust among residents but also protects associations from potential legal disputes. Regular audits and reviews of record-keeping practices are essential to ensure adherence to state laws and to identify areas for improvement. Education and training for board members and management teams can further enhance understanding of their responsibilities under Florida law. By establishing clear policies and procedures for document retention and compliance, associations can foster a culture of transparency, empowering residents to actively participate in community governance while minimizing risks associated with mismanagement.
Panelists include:
– Christopher “C.” Mark Reed, Partner / Shareholder, Valancy & Reed, P.A.
– Alex Argento, Vice President of Operations, AKAM Southeast
Moderated by Eric Malloy, Director of Client Relations at AKAM Southeast.