Plaza East Association; NOTICE IS HEREBY GIVEN that the Division of Florida Land Sales, Condominiums and Mobile Homes, Department of Business and Professional Regulation, State of Florida, has issued a Declaratory Statement in RE: Petition for ...

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

NOTICE IS HEREBY GIVEN that the Division of Florida Land Sales, Condominiums and Mobile Homes, Department of Business and Professional Regulation, State of Florida, has issued a Declaratory Statement in RE: Petition for Declaratory Statement, Plaza East Association, Inc.; Docket Number 2005059934.

The Division declares that under Section 718.111(11), F.S. (2003), Plaza East Association, Inc., which is required to insure the condominium property located outside the units, the property located inside the units as initially installed, and all portions of the condominium property requiring coverage by the association under Section 718.111(11)(a), F.S. (2003), may not pass on to a single owner or a group of owners or less than all unit owners the cost of repairing those items that would have otherwise been paid for by the associations insurance policy but for the application of the deductible or amounts in excess of the coverage limits, notwithstanding provisions in the declaration shifting this responsibility to a unit owner.

A copy of the Declaratory Statement, Docket Number 2005059934, may be obtained by writing: Agency Clerk, Department of Business and Professional Regulation, Division of Florida Land Sales, Condominiums and Mobile Homes, 1940 North Monroe Street, Tallahassee, Florida 32399-2217.