Legal Question in Real Estate Law in Florida
I have a very strong real estate legal background. I live within a man guard gated community which has a golf course, restaurant and bar in Orlando, Florida. It's more of a resort community which we depend on the Icelanders, Canadians and Snowbirds to support our property during the seasonal period which is typically from September through March/April. Our Board of directors made a decision this month to shut down our breakfast portion of the restaurant during our busiest time of the year and close our bar three hours early losing so much money which they made this decision without putting this decision to the membership to a vote. The board made this decision...the members had no vote nor say so. Can they do this? I read Florida statue and it sounds that the board did not act within their fiduciary rights and not within the members best interests. What is your opinion?
1 Answer from Attorneys
Yes they can. Vote them out at your next election.
Related Questions & Answers
-
What form(s) do I need to add myself to an existing deed? Asked 9/29/15, 11:36 am in United States Florida Real Estate and Real Property