Property Management
A Florida HOA board votes to increase monthly assessments by 20% due to rising insurance costs. Unit owners may:
AWithhold payment of the increased amount
BChallenge the increase through the association's dispute resolution process or petition for a special member meeting✓ Correct
COpt out of the increase if they disagree
DOnly challenge it if the increase exceeds 25%
Explanation
Under Chapter 720/718 F.S., unit owners can challenge board actions through the association's internal dispute resolution process, mediation, or by petitioning for a special member meeting. Withholding assessments, however, is not a legal remedy and exposes owners to collections.
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