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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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 |