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Frustrated Condo Owner Killed, Lawmakers Push For Transparency

April 29th, 2008 by flanews

Condo owners could soon have more control over their property. Some condo association members have squandering dues and fees paid to the board. As Whitney Ray tells us, a bill to help owners hold board members accountable could soon become Florida law.

Condo owners pay thousands of dollars for services like lawn care and trash pick up. The money goes to condo association boards. Lawmakers said some board members are stealing the money.

There are normally kickbacks which seem to be the status quo when a board doesnt have integrity, said Julio Robaina.

Earlier this year a condo owner, mad about fees, took two board members hostage. Police shot the man.

One of the frustrations that individual had was that he couldnt get information about why these special assessments were being placed, why the raise in maintenance fees, said Robaina.

Legislation passed by both Chambers would give more power to condo owners. The bill would give condo owners access to official documents so they could see how the board was spending their money. Travis Moore, a lobbyist for Floridas Condo Associations, said the bill will help clean up the boards image.

We think this will get rid of a lot of the stories you do hear about in the press, where you hear, oh my God do not live in a condo association, Moore says.

Mike Mastry is the primary realtor for the Adams Street Lofts near the Capitol.

Anything that helps protect peoples investments is a good idea, said Mastry.

Before the bill can begin to offer protection it will have to be signed by the Governor. In Florida eight condo board members have been arrested for embezzling dues and fees.

Posted in Housing, Legislature, State News | 3 Comments »

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