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Dear Poliakoffs, Our HOA declaration of covenants states that any Special Assessment in excess of Twenty-Five Thousand Dollars ($25,000.00) shall require the consent of a majority of the votes of Members present and entitled to vote, in person or by proxy, at a duly called special or annual meeting of Members.  Are special assessments also addressed in Chapter 720? If so, where? Also, if there s something in Chapter 720, what takes precedence, our covenants or Chapter 720? Signed, H.S. Dear H.S., The HOA Act, Chapter 720, Fla. Stat., provides very little guidance with respect to special assessments (assessments that are outside of the ordinary budgeted assessments). Section 720.315, Fla. Stat., says that, before turnover, a developer-controlled board may not levy a special assessment without membership approval (a majority of a quorum is required). The emergency powers provision, Section 720.316, Fla. Stat., says that the board has the authority to levy special assessments w

United statesTwenty five thousand dollarsCondominium actCondo actஒன்றுபட்டது மாநிலங்களில்இருபது ஐந்து ஆயிரம் டாலர்கள்காண்டோமினியம் நாடகம்காண்டோ நாடகம்