The answer to your question depends on facts and circumstances and documents that will need to be reviewed. As you are Association, I strongly urge you to consult with an attorney to review all of this and give you specific advice. I think the board has a fiduciary duty to the owners to get proper guidance and counsel answer this question.
This is specific to Florida law and does not constitute legal advice as the facts presented are anonymous and incomplete. This is intended for general education only and does not create an attorney-client relationship. This should not be relied on and you must seek your own attorney client relationship.
Answered on Aug 20th, 2012 at 8:58 AM