The collapse of Champlain Towers South in Surfside, Florida, has prompted stricter reserve requirements for condominium associations, leading to increased assessments and tensions within communities. This financial pressure has resulted in resignations among board members, diminishing the functionality of some associations. Reports highlight instances of entire boards resigning, causing operational paralysis. Notably, some directors faced harassment and threats from residents, escalating the situation to the point of needing police involvement. These challenges illustrate the difficult landscape for community associations in the wake of tragic events that raise awareness on building safety and governance.
The higher assessments have led to discord in condo associations with some board members resigning.
Sudden resignations of entire boards of directors have been leaving some communities in extraordinarily difficult situations.
Two of the departing directors felt the vitriol and personal attacks by residents had become too much to bear.
The community called a special meeting to appoint four new directors to bring the total to five.
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