Rule: 61B-22.007 Prev Up Next
| Rule Title: Common Expense; Insurance | |||
| Department: | DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION |
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| Division: | Division of Florida Condominiums, Timeshares and Mobile Homes | ||
| Chapter: | FINANCIAL AND ACCOUNTING REQUIREMENTS; BUDGETS, RESERVES, AND GUARANTEES | ||
Latest version of the final adopted rule presented in Florida Administrative Code (FAC):
| Not Adopted by FAC Yet. | Effective Date: | |
| History Notes: | ||
| References in this version: | No reference(s). |
| Notice / Adopted |
Description | ID | Publish Date |
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|---|---|---|---|---|
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The purpose of the rule is to clarify that insurance and the costs of repairing condominium property for which the association has insurance coverage is a common expense. This includes the cost of any insurance deductible .... | 3330221 |
12/22/2006 Vol. 32/51 |
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