Fl Statue 720
303 Association powers and duties; meetings of board >720. HOA Board Member Certification in Florida. 07 (2), Florida Statutes, is a code enforcement board authorized to award a municipality which prevails in a code enforcement case the attorneys fees it pays on behalf of the code enforcement board for the boards attorney when the boards attorney represents only the board and does not prosecute the violator on behalf of the …. 2021 Florida Statutes (Including 2021B Session) REAL AND PERSONAL PROPERTY Chapter 720 HOMEOWNERS ASSOCIATIONS Entire Chapter SECTION 305 Obligations of members; remedies at law or in equity; levy of fines and suspension of use rights. 301 Jurisdiction: (1) The legal authority of a court to hear and decide a case. The 2021 Florida legislative session produced several bills that made numerous changes to homeowners’ association law (Chapter 720, Florida Statutes; the Homeowners’ Association Act) that will affect the operation of homeowners’ associations across the State. 306 - Meetings of members; voting and election procedures; amendments. FLORIDA STATUTES 720 -- Homeowners Associations (1) POWERS AND DUTIES. July 10, 2017 admin Per Florida Statue 720, the primary responsibility of an HOA Board is fiduciary responsibility to the members of the association. 305 Obligations of members; remedies at law or in equity; levy of fines and suspension of use rights; failure to fill sufficient number of vacancies on board of directors to constitute a quorum; appointment of receiver upon petition of any member. For homeowners who have property located within a Florida Homeowners’ Association, Florida Statute 720. 30851, Florida Statutes for more information) Till make to the homeowners association review such, if not paid, may result in a loan. 2020 Florida Statutes REAL AND PERSONAL PROPERTY Chapter 720 HOMEOWNERS ASSOCIATIONS Entire Chapter SECTION 305 Obligations of members; remedies at law or in equity; levy of fines and suspension of use rights. Florida; Florida Regulations > Division 2A - Division of Victim Services and Criminal Justice Programs; Florida Statutes > Title XLVI - Crimes; Illinois; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 1 - Title And Construction Of Act; State Jurisdiction; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 2 - General. 720 Madison Place NW, Room 1020, Washington, DC 20220, on official business days between the hours of 10:00 a. 306(1)(h), Florida Statutes, became effective on July 1, 2021. FLORIDA HOA’S: Issuing a Fine for Violating the Governing …. Chapter 720 of the Florida Statutes, also known as the Homeowners’ Association Act, is a chapter of law that governs certain types of homeowners’ associations in the State of Florida. SECTION 308 Assessments and charges. Universal Citation: FL Stat § 720. FLORIDA STATUTES 720 -- Homeowners Associations PART I GENERAL PROVISIONS (ss. Pursuant to section 720. — (a) Unless a lower number is provided in the bylaws, the. 2022 Florida Statutes. (1) All contracts as further described in this section or any contract that is not to be fully performed within 1 year after the making thereof for the purchase, lease or renting of materials or. Chapter 718 governing COAs (condo associations) prohibits board members from serving more than eight (8) consecutive terms as of the 2018 revision to the statutes. Florida State Statutes 720. 2021 Florida Statutes (Including 2021B Session) Title XL REAL AND PERSONAL PROPERTY. Chapter 720 governing HOAs defers to the governing documents of the HOA as controlling for elections, terms of office, etc. If the association or any architectural, construction improvement, or other such similar committee of the association should unreasonably, knowingly, and willfully infringe upon or impair the rights and privileges set forth in the declaration of covenants or other published guidelines and standards authorized by the declaration of covenants. 162 N Florida Avenue, Inverness, FL 34453 +1(352)637-5437 G&R Health Mart Pharmacy - Homosassa. Recently, the Florida Legislature enacted significant statutory changes that impact community association collections and foreclosure actions. 3085 (1) An estoppel certificate may can completed by any board member, authorize agent, or certified representational of the association, including any authorized agent, authorized representative, or employee of a management company certified on complete on form on behalf of the flight or association. Chapter 720 HOMEOWNERS ASSOCIATIONS SECTION 308 Assessments and charges. 2013 Florida Statutes TITLE XL - REAL AND PERSONAL PROPERTY Chapter 720 - HOMEOWNERS ASSOCIATIONS Part I - GENERAL PROVISIONS (ss. 318) PART I GENERAL PROVISIONS 720. Florida Statute 720: Summary Regarding HOA Financial. Chapter 720 HOMEOWNERS ASSOCIATIONS Entire Chapter. The new law, Section 720. 306 be mailed or delivered to the address identified as the parcel owner’s mailing address in the official records of the association, as required under Section 720. Additionally, 720 states the financial and accounting records of the association, kept according to good accounting practices. Statutes & Constitution :View Statutes : Online Sunshine>Statutes & Constitution :View Statutes : Online Sunshine. Chapter 718 governing COAs (condo associations) prohibits board members from serving more than eight (8) consecutive terms as of the 2018 revision to the statutes. — (1) Each member and the member’s tenants, guests, and invitees, and. Additionally, 720. Pride Festivals Drag Shows. FLORIDA STATUTES 720 -- Homeowners Associations (1) POWERS AND DUTIES. The Department of the Treasury will also make these comments available for public inspection and copying in the Department of the Treasury’s Library, 720 Madison Place NW, Room 1020, Washington, DC 20220, on official business days between the hours of 10:00 a. For foreclosure proceedings have begun, contact a foreclosure defense attorney proper away. FLORIDA STATUTES 720 -- Homeowners Associations (1) POWERS AND DUTIES. Chapter 720 of the Florida Statutes, also known as the Homeowners Association Act, is a chapter of law that governs certain types of homeowners associations in the State of Florida. OFFICIAL RECORDS INSPECTIONS FOR HOMEOWNER’S ASSOCIATIONS. 303 (1) and Florida Statute § 718. Florida residents choose Bradenton over Miami for cost, traffic. 99 party may submit a dispute to presuit mediation in accordance 100 with s. 303 (5) (C) Florida Community Associations Florida HOA official records request florida statute 720 records request HOA Records Request Inspection and Copying of Records reasonable rules and regulations What Information Cannot You Not Receive In An Association Official Records Request What Official Records Is My Florida Community Association …. See Florida Statute 720. Given the fiduciary responsibilities of directors and officers to the members of their homeowners’ association, it is important to understand when reserve funding is mandatory under the Florida Homeowners’ Association Act (Chapter 720, Florida Statutes). Additionally, 720 states the financial and accounting records of the association, kept according to good accounting practices. 306 (1) (h), Florida Statutes, became effective on July 1, 2021. Conversely, the Florida Homeowners’ Association Act (Chapter 720, Florida Statutes) is silent as to material alterations. — (a) Unless a lower number is provided in the bylaws, the percentage of voting interests required to constitute a quorum at a meeting of the members shall be 30 percent of the total voting interests. Department of Business CHAPTER 720 FLORIDA STATUTES. 405 Organizing committee; parcel owner approval. 304 (2) (b) regulates flags which are flown from freestanding flagpoles. Florida Statute 720: Summary Regarding HOA Financial >Florida Statute 720: Summary Regarding HOA Financial. 2020 Florida Statutes REAL AND PERSONAL PROPERTY Chapter 720 HOMEOWNERS ASSOCIATIONS Entire Chapter SECTION 305 Obligations of members; remedies at law or in equity; levy of fines and suspension of use rights. July 10, 2017 admin Per Florida Statue 720, the primary responsibility of an HOA Board is fiduciary responsibility to the members of the association. --An association which operates a community as defined in s. Under florida statute 720. HOMEOWNERS ASSOCIATIONS Entire Chapter. 311, Florida Statutes, the Division of Florida Condominiums, Timeshares, and Mobile Homes provides an arbitration program for. The condo board of directors certification in Florida is the same as the homeowners and mobile home associations. At the violation hearing, the Violation Committee shall review the evidence presented and the testimony of the parties in making a determination of whether to impose a fine or not. OFFICIAL RECORDS INSPECTIONS FOR HOMEOWNER’S ASSOCIATIONS GOVERNED BY CHAPTER 720 OF THE FLORIDA STATUTES By: Mary Zewalk Thomas, Esq. T The yard process can move quickly for timely action is not taken at fight to HOA. Per Florida Statue 720, the primary responsibility of an HOA Board is fiduciary responsibility to the members of the association. 303 Association powers and duties; meetings of board; official records; budgets; financial reporting; association funds; recalls;. Common property alteration rules different in condos and HOA’s>Common property alteration rules different in condos and HOA’s. , provides that “if an election is not required because there are either an equal number or fewer qualified candidates than vacancies exist, and if nominations. In 2013, the Florida legislature amended Florida Statute Chapter 720. SECTION 308 Assessments and charges. Pursuant to Florida Statute § 720. Florida Statute 720. Follow chapter 720 (no amendment needed); 2. HOMEOWNERS ASSOCIATIONS Entire Chapter. constitutes a conflict of interest regarding an HOA >What constitutes a conflict of interest regarding an HOA. You can make an appointment to inspect statements by telephoning (202) 622–2000. In summary, any amendment to a governing document enacted after July. What Official Records Can My HOA Prevent Access To?. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Title XL. — (1) Each member and the member’s tenants, guests, and invitees, and each association, are governed by, and must comply with, this chapter, the governing documents of the community, and the rules of the association. After October 1, 1995, the association must be incorporated and the initial governing documents must be recorded in the. 304 Right of owners to peaceably assemble; display of flag; SLAPP suits prohibited. Florida Statute 720: Summary Regarding HOA Financial Procedures. Amend the By-laws to say ‘The Board of Directors shall be residents of Florida. 3053 Failure to fill vacancies on board of directors sufficient to constitute a quorum; appointment of receiver upon petition of member. 2021 Florida Statutes (Including 2021B Session) Title XL REAL AND PERSONAL PROPERTY. 2021 Changes to Florida Condominium and Homeowners. (1) (a) Within 90 days after being elected or appointed to the board, each director shall certify in writing to the secretary of the association that he or she has read the association’s declaration of covenants, articles of incorporation, bylaws, and current written rules and policies; that he or she will work to uphold such documents and. Vacating the conviction of a sex. Home > Laws > 2018 Florida Statutes > Title XL > Chapter 720. 303 (1) and Florida Statute § 718. OFFICIAL RECORDS INSPECTIONS FOR HOMEOWNER’S ASSOCIATIONS GOVERNED BY CHAPTER 720 OF THE FLORIDA STATUTES By: Mary Zewalk Thomas, Esq. The tenant does not, by virtue of payment of monetary obligations, have any of the rights of a parcel owner to vote in any election or to examine the books and records of the association. Contingency Included in Florida HOA Reserve Study. Purposes, scope, and application. (1) (a) Within 90 days after being elected or appointed to the board, each director shall certify in writing to the secretary of the association that he or she has read the. 303 section e (e) The amount to be reserved in any account established shall be computed by means of a formula that is based upon estimated remaining useful life and estimated replacement cost or deferred maintenance expense of each reserve item. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Title XL. Pursuant to Florida Statute § 720. The Homeowners’ Association Act (Chapter 720, Florida Statutes) was amended during the 2021 Legislative Session to address a homeowners’ association’s authority to adopt amendments to its governing documents pertaining to rentals. 2021 Changes to Florida Condominium and …. Home > Laws > 2018 Florida Statutes > Title XL > Chapter 720. 3055 Contracts for products and services; in writing; bids; exceptions. 301 Attachment: A procedure by which a persons property is seized to pay judgments levied by the court. FLORIDA STATUTES 720 -- Homeowners Associations (1) POWERS AND DUTIES. 301, must be operated by an association that is a Florida corporation. 2021 Florida Statutes (Including 2021B Session) Title XL REAL AND PERSONAL PROPERTY. Per Florida Statue 720, the primary responsibility of an HOA Board is fiduciary responsibility to the members of the association. 306 – Meetings of members; voting and >Florida Statutes 720. SECTION 3055 Contracts for products and services; in writing; bids; exceptions. Pursuant to Florida Statute § 720. Maybe your board is confused and believes it is a COA?. Conversely, the Florida Homeowners’ Association Act (Chapter 720, Florida Statutes) is silent as to material alterations. May 2015 & A Where must an HOA keep its official records? They do not necessarily have to be stored on-site. Does Florida statue 720 overrule our HOA bylaws that restrict our BOD to a maximum of 2 consecutive terms. The restriction in your By-laws ‘shall be resident of xx County ‘ is in violation of both Chapter 617 and 720. How To Stop An HOA Foreclosure In Florida (2023) / HOA Liens. 303 - Association powers and duties; meetings of board; official records; budgets; financial reporting; association funds; recalls. — An association which operates a community as defined in s. Restoration of right to possess a >2021 Arizona Laws 13. — (1) Each member and the members tenants, guests, and invitees, and each association, are governed by, and must comply with, this chapter, the governing documents of the community, and the rules of the association. Powers of insurers and hospital. 306 – Meetings of members; voting and. Since July 1 of that year, HOA directors must prove their preparation to serve on the HOA. 2020 Florida Statutes Title XL - Real and Personal Property Chapter 720 - Homeowners Associations Part I - General Provisions (Ss. 103 Disputes identified in paragraph (1)(d) are not subject to 104 nonbinding …. 302 Purposes, scope, and application. — With respect to homeowners’ associations: (1) Members other than the developer are entitled to elect at least a. In its amended form, Section 720. Florida Condo & HOA Law Blog>HOA Rental Amendments. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Definitions. Florida Statutes > Chapter 720 > Part I – General Provisions. Chapter 720 governing HOAs defers to the governing documents of the HOA as controlling for elections, terms of office, etc. Asked in Deerfield Beach, FL / Feb 22, 2014. 303 Association powers and duties; meetings of board; official records; budgets; financial reporting. Powers of insurers and hospital >2021 Arizona Laws 20. The condo board of directors certification in Florida is the same as the homeowners and mobile home associations. 306 be mailed or delivered to the address identified as the parcel owner’s mailing address in the official. —For any community created after October 1, 1995, the governing. Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed. In its amended form, Section 720. (1) The proposal to revive a declaration of covenants and a homeowners association for a community under the terms of this act shall be initiated by an organizing committee consisting of not less than three parcel owners located in the community that is proposed to be governed by the revived. 303 Association powers and duties; meetings of board; official records; budgets; financial reporting;. Chapter 720 Section 30851. The 2021 Florida legislative session produced several bills that made numerous changes to homeowners’ association law (Chapter 720, Florida Statutes; the. The Homeowners’ Association Act (Chapter 720, Florida Statutes) was amended during the 2021 Legislative Session to address a homeowners’ association’s authority to adopt amendments to its governing documents pertaining to rentals. Any homeowner may erect a freestanding flagpole no more than 20 feet high on. Restoration of right to possess a. —For any community created after October 1, 1995, the governing documents must describe the manner in which expenses are shared and specify the member’s proportional share thereof. Florida Statutes > Title XLVI - Crimes; Illinois; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 1 - Title And Construction Of Act; State Jurisdiction; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 2 - General Definitions; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 3 - Rights Of Defendant. 720. 2021 Changes to Florida Condominium and Homeowners …. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Definitions. 305 Obligations of members; remedies at law or in equity; levy of fines and suspension of use rights. Board is hi-jacking our election. 2022 Florida Statutes. (1) (a) Within 90 days after being elected or appointed to the board, each director shall certify in writing to the secretary of the association that he or she has read the association’s declaration of covenants, articles of incorporation, bylaws, and current written rules and policies; that he or she will work to uphold such documents and …. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Title XL. 2021 LEGISLATIVE UPDATE FOR FLORIDA HOMEOWNERS’ ASSOCIATIONS. 2021 LEGISLATIVE UPDATE FOR FLORIDA HOMEOWNERS’ ASSOCIATIONS>2021 LEGISLATIVE UPDATE FOR FLORIDA HOMEOWNERS’ ASSOCIATIONS. Section 720. 306 9a suggest we no longer have to. 306 Meetings of members; voting and election procedures; amendments. 301, must be operated by an association that is a Florida corporation. In order to impose the fine (s) on a member, the Violation Committee must vote to approve the fine (s) by majority vote. This law provides as follows: 1. After October 1, 1995, the association must be incorporated and the initial governing documents must be. (1) The proposal to revive a declaration of covenants and an association for a community under the terms of this act shall be initiated by an organizing committee consisting of not less than three parcel. See Florida Statutes 720. Under section 162. If the declaration is silent, 75% of all unit owners must approve. 2013 Florida Statutes :: TITLE XL. Does Florida statue 720 overrule our HOA bylaws that. Association powers and duties; meetings of board; official records; budgets; financial reporting; association funds; recalls. Universal Citation: FL Stat § 720. The 2021 Florida legislative session produced several bills that made numerous changes to homeowners’ association law (Chapter 720, Florida Statutes; the Homeowners’ Association Act) that will affect the operation of homeowners’ associations across the State. In its amended form, Section 720. TITLE XL REAL AND PERSONAL PROPERTY. All statements received, including attachments and other supporting materials, are part of the. See Florida Statutes 720. After October 1, 1995, the association must be incorporated and the initial governing documents must be recorded in the official records of the county in which the community is located. 2020 Florida Statutes REAL AND PERSONAL PROPERTY Chapter 720 HOMEOWNERS ASSOCIATIONS Entire Chapter PART I GENERAL PROVISIONS (ss. 303 Association powers and duties; meetings of board. 311; however, election and recall disputes are not 101 eligible for mediation and such disputes must be arbitrated by 102 the division or filed in a court of competent jurisdiction. 303 (4), Florida Statutes. 112 (2), homeowners associations and condominium associations, respectively, have the powers and duties set forth in the applicable statutes as well as the particular community association’s governing documents. Our governing documents say we will have nominations from the floor, however the changes in 720. In order to comply you have two choices: 1. 112 (2), homeowners associations and condominium associations, respectively, have the powers and duties set forth in the applicable statutes as well as the particular community association’s governing documents. 2021 LEGISLATIVE UPDATE FOR FLORIDA HOMEOWNERS’ …. ** Different fees apply if the seller is selling multiple units/parcels subject toward that same association (see Section 720. The Homeowners’ Association Act (Chapter 720, Florida Statutes) was amended during the 2021 Legislative Session to address a homeowners’ association’s authority to adopt amendments to its governing documents pertaining to rentals. Poliakoff: In HOAs, elections are typically part of the. 306 be mailed or delivered to the address identified as the. Recently, the Florida Legislature enacted significant statutory changes that impact community association collections and foreclosure actions. The updates to Chapter 718, Chapter 719 and Chapter 720 of the Florida Statutes go into effect on July 1, 2021 and include requirements regarding:. The 2021 Florida legislative session produced several bills that made numerous changes to homeowners’ association law (Chapter 720, Florida Statutes; the Homeowners’ Association Act) that will affect the operation of homeowners’ associations across the State. Chapter 720 HOMEOWNERS ASSOCIATIONS SECTION 308 Assessments and charges. Obligations of members; remedies at law or in equity; levy of fines and suspension of use rights. (12) “Parcel owner” means the record owner of legal tracks to a. 301, must be operated by an association that is a Florida corporation. Justia US Law US Codes and Statutes Florida Statutes 2013 Florida Statutes TITLE XL - REAL AND PERSONAL PROPERTY Chapter 720 - HOMEOWNERS ASSOCIATIONS Part I - GENERAL PROVISIONS (ss. 306(1)(h), Florida Statutes, became effective on July 1, 2021. (1) All contracts as further described in this section or any contract that is not to be fully performed within 1 year after the making thereof for the purchase. The updates to Chapter 718, Chapter 719 and Chapter 720 of the Florida Statutes go into effect on July 1, 2021 and include requirements regarding:. 2021 Florida Statutes (Including 2021B Session) Title XL REAL AND PERSONAL PROPERTY. SECTION 405 Organizing committee; parcel owner approval. During who court process, the homeowner will have an chance to raise guards and challenge that foreclosure. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Definitions. 307 Transition of association control in a community. Fl Statue 7202020 Florida Statutes Title XL - Real and Personal Property Chapter 720 - Homeowners Associations Part I - General Provisions (Ss. 306 (1) (g), Florida Statutes, requires that notice under Section 720. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Title XL REAL AND PERSONAL PROPERTY Chapter 720 HOMEOWNERS ASSOCIATIONS View Entire Chapter 720. (a) Assessments levied pursuant to the annual budget or special. If you’re thinking about doing an inspection of the association’s records through an official records request, please keep in mind that all. 301, must be operated by an association that is a Florida corporation. to Florida Condominium and Homeowners >2021 Changes to Florida Condominium and Homeowners. 301, must be operated by an association that is a Florida corporation. FLORIDA STATUTES 720 -- Homeowners Associations PART I GENERAL PROVISIONS (ss. - (a) Unless a lower number is provided in the bylaws, the percentage of voting interests required to constitute a quorum at a meeting of the members shall be 30 percent of the total voting interests. The new law, Section 720. July 10, 2017 admin Per Florida Statue 720, the primary responsibility of an HOA Board is fiduciary responsibility to the members of the association. (2) The geographic area over which the court has authority to decide cases. , has been revised to establish restrictions regarding the enactment of amendments prohibiting or regulating rental agreements adopted after July 1, 2021, in homeowners associations consisting of more than 15 parcels, providing that such amendments will only apply to parcel owners who acquire title to the parcel. 303 governs and explains what information a homeowner is not entitled to receive from their HOA. HOMEOWNERS ASSOCIATIONS Entire Chapter. 306 (1) (g), Florida Statutes, requires that notice under Section 720. • Has working knowledge of Florida laws governing Homeowner Associations (Chapter 720), and Condominium Association Statute (Chapter 718) and application of same in a large-scale community. (1) The authority of an association or any architectural, construction improvement, or other such similar committee of an association to review and approve plans and specifications for the location, size, type, or appearance of any structure or other improvement on a parcel, or to enforce standards for the external appearance of any structure or …. New Legislation Changes Collections & Foreclosures Process >New Legislation Changes Collections & Foreclosures Process. 306 - Meetings of members; voting and election procedures; amendments (1) QUORUM; AMENDMENTS. Since 2010, Manatee County has added 106,292 residents with a total of 429,125 people as of the 2022 estimate. Recently, the Florida Legislature enacted significant statutory changes that impact community association collections and foreclosure actions. July 10, 2017 admin Per Florida Statue 720, the primary responsibility of an HOA Board is fiduciary responsibility to the members of the association. Florida Statutes > Chapter 720 > Part I – General Provisions>Florida Statutes > Chapter 720 > Part I – General Provisions. , has been revised to establish restrictions regarding the enactment of amendments prohibiting or regulating rental agreements adopted after July 1, 2021, in homeowners associations consisting of more than 15 parcels, providing that such amendments will only apply to parcel owners who acquire title to the parcel after …. Florida State Statutes 720. Disclosure prior to sale of residential parcels. 2020 Florida Statutes REAL AND PERSONAL PROPERTY Chapter 720 HOMEOWNERS ASSOCIATIONS Entire Chapter PART I GENERAL PROVISIONS (ss. Given the fiduciary responsibilities of directors and officers to the members of their homeowners’ association, it is important to understand when reserve funding is mandatory under the Florida Homeowners’ Association Act (Chapter 720, Florida Statutes). (1) (a) Within 90 days after being elected or appointed to the board, each director shall certify in writing to the secretary of the association that he or she has read the association’s declaration of covenants, articles of incorporation, bylaws, and current written rules and policies; that he or she will work to uphold such documents and …. Chapter 720 governing HOAs defers to the governing documents of the HOA as controlling for elections, terms of office, etc. All financial and accounting records must be maintained for a period of at least 7 years. The 2022 Florida Statutes (including 2022 Special Session A and 2023 Special Session B) Title XL. Florida Statutes > Title XLVI - Crimes; Illinois; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 1 - Title And Construction Of Act; State Jurisdiction; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 2 - General Definitions; Illinois Compiled Statutes > 720 ILCS 5 > Title I > Article 3 - Rights Of Defendant. — For any community created after October 1, 1995, the governing documents must describe the manner in which expenses are shared and specify the members proportional share thereof. Florida HOA Reserve Study >Contingency Included in Florida HOA Reserve Study. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case.