Peter Torres, Petitioner, In Re: Valencia South Miami Condominium Association, Inc., Docket No.: 2010007013 on February 11, 2010.; Whether Valencia South Miami Condominium Association, Inc. may amend its 2009 adopted budget in mid-year to reduce the ...

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Division of Florida Condominiums, Timeshares and Mobile Homes

NOTICE IS HEREBY GIVEN THAT the Division of Florida Condominiums, Timeshares, and Mobile Homes, Department of Business and Professional Regulation, State of Florida, has received the petition for declaratory statement from Peter Torres, Petitioner, In Re: Valencia South Miami Condominium Association, Inc., Docket No.: 2010007013 on February 11, 2010.The petition seeks the agency's opinion as to the applicability of Section 718.112(2)(f), Florida Statutes, as it applies to the petitioner.
Whether Valencia South Miami Condominium Association, Inc. may amend its 2009 adopted budget in mid-year to reduce the monthly assessment and credit the common surplus from the excess payments to the unit owners’ assessment accounts under Section 718.112(2)(f), Florida Statutes.
A copy of the Petition for Declaratory Statement may be obtained by contacting: Division Clerk, Department of Business and Professional Regulation, Division of Florida Condominiums, Timeshares, and Mobile Homes, 1940 North Monroe Street, Tallahassee, Florida 32399-2217.
Please refer all comments to: Janis Sue Richardson, Chief Assistant General Counsel, Department of Business and Professional Regulation, Division of Florida Condominiums, Timeshares, and Mobile Homes, 1940 North Monroe Street, Tallahassee, Florida 32399-2202.