In Re: Petition for Declaratory Statement, Baytree Condominium Association, Inc.; Docket Number 2007009226; Whether a surplus of insurance proceeds used for repairing hurricane damage under section 718.111(11), Florida Statutes, and received by ...  

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

    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 received the petition for declaratory statement from In Re: Petition for Declaratory Statement, Baytree Condominium Association, Inc.; Docket Number 2007009226. The petition seeks the agency’s opinion as to the applicability of Section 718.111(11), Florida Statutes as it applies to the petitioner.

    Whether a surplus of insurance proceeds used for repairing hurricane damage under Section 718.111(11), Florida Statutes, and received by Baytree Condominium Association, Inc. are “common surplus,” as defined by Section 718.103(10), Florida Statutes, of the association to be distributed in accordance with Section 718.115(3), Florida Statutes.

    A copy of the Petition for Declaratory Statement may be obtained by contacting: the Division Clerk, Department of Business and Professional Regulation, Division of Florida Land Sales, Condominiums, 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 Land Sales, Condominiums, and Mobile Homes, 1940 North Monroe Street, Tallahassee, Florida 32399-2202.

Document Information

Meeting:
718.111(11), Florida Statutes
Contact:
the Division Clerk, Department of Business and Professional Regulation, Division of Florida Land Sales, Condominiums, and Mobile Homes, 1940 North Monroe Street, Tallahassee, Florida 32399-2217.