[FL][Condo] CAM Management questiona
The manager at my condo is quitting and as of now it seems the Board is in a tailspin. Many believe that they are arrogant enough to believe they can do themselves and aren't telling the residents anything.
I am hearing from some residents that a CAM is required by Florida law to run the community and in 60 or 90 days the state can take over. I don't think that's true since I can't find statutes to back that up, but I also am aware of other condos that are self managed. These communities were always self managed, they never switched to management then back.
Is there a stipulation on condo law in Florida that says once to give up self management for a CAM that you can't go back?
Now, the real kicker. Several years ago we amended our documents to not allow the Association to employ a CAM manager as an employee, rather we must have a licensed CAM management company. So even if the state does not have a law, the documents do. How long does the community have to hire a new management company before running afoul of the state? Is that the 60 to 90 days people are talking about? Or are they in trouble on Day 1 of not having a manager?
Thank you.