Finasteride is a medication primarily used to treat two conditions: benign prostatic hyperplasia (BPH), commonly known as an enlarged prostate, and male pattern hair loss, or androgenetic alopecia.

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For BPH, finasteride can help reduce prostate size, alleviate associated urinary symptoms, and decrease the risk of acute urinary retention and the need for prostate surgery. In the treatment of hair loss, it can slow down hair thinning and promote hair regrowth in some men.

Safety: Finasteride is generally considered safe for use when prescribed and monitored by a healthcare professional.

Finasteride is effective for:

— Male Pattern Hair Loss: Helps in slowing hair loss and stimulating hair regrowth by reducing dihydrotestosterone (DHT) levels.
— Benign Prostatic Hyperplasia: Aids in reducing the size of the enlarged prostate, alleviating urinary symptoms.

Finasteride Dosage:

— Adults (18 years and older): For hair loss, the typical dosage is 1 mg daily. For BPH, the dosage is usually 5 mg per day.
— Older Adults (65 years and older): Dosing remains generally consistent with younger adults, but close monitoring is advised to assess effectiveness and side effects.

The effectiveness of finasteride in hair regrowth or in reducing prostate size is typically observed over several months. Continuity in medication is crucial to maintain its benefits.

Common side effects can include sexual side effects like decreased libido and erectile dysfunction. Finasteride should be used under medical supervision to ensure its suitability for the patient's condition and to monitor for any potential interactions with other medications.

It’s a confusing time for everyone affected, and we can all use some extra clarity. Our experts dove through the 88 page document and outline what you need to know about SB-4D so you can focus on making your building safer instead of deciphering the wordy documents.

Florida state legislature took swift action to implement inspection reform to mitigate the risk of a similar tragedy in the future. As of May 27th, 2022, Florida passed several laws to keep building safer in the state by requiring specific inspections and funding mechanisms. These new Florida condo laws mean significant changes for building owners across Florida, all within a relatively short time.

Find everything you need to know about Florida Building Inspections

 

An interesting question that arises from time to time is whether the protections of the United States Constitution (and the Florida Constitution) apply within the gates of a community association.

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Condo owners often complain that their board doesn’t do enough, or that the board members aren’t involved as much as they would like in the administration and maintenance of their building. While a disinterested or apathetic board is certainly a problem, going to the other extreme can be just as bad…or maybe even worse.

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Board Member Leadership and Governance in Florida\'s Condo Industry.

Officers of the condo board consist of the president, vice president, secretary and treasurer, as well as a member at large. The president runs the meetings, is in charge of day-to-day business and signs all contracts. He or she is responsible for ensuring that board resolutions are carried out. The vice president acts in the president’s stead if the president cannot attend a meeting, and the board may also give the vice president other duties. The secretary keeps minutes of board meetings and records all votes. It is the secretary’s responsibility to inform residents and members of board meetings. The treasurer handles all monies relating to the condo association and disburses funds as directed by the board. The treasurer also signs the condo association’s checks, with the president serving as co-signer. This position is charged with keeping accounts and arranging an annual audit of these accounts by an accountant. The treasurer also prepares the annual budget and income and expenditure statement for presentation to board members. The member at large is assigned duties by the board or president. Learn about good leadership and governance for board members

  \"\"SFPMA has a Members Directory with the top Service, Business and Management Companies located all over Florida. Our members can help with everything from, maintenance requests, finding Legal Firms, to accounting companies for the business side for your HOA\'s, when it comes time to find the right management company we have thousands of professionals for your properties. Search our Members Directory
 
 

 

What Are the Duties of Condominium Boards?

Condominium boards have complete management responsibility for their community. Even if they outsource some duties to a professional management company, boards still retain these responsibilities. Since individual homeowners, who may not be well-versed in real estate management and legal issues, serve on these boards, all members should understand their duties and responsibilities. Condominium boards should also retain experienced legal counsel and/or accountants to be information resources and advisers.

The duties of the condo board encompass every aspect of the condominium’s governance and management. They are the people making all of the major decisions and establishing policies for the condo association. Under Florida law, the board or its committees set assessments for residents, hire personnel, maintain common areas, purchase insurance, obtain accounting and legal services and establish house rules. On a regular basis, board members must:

  • Attend board meetings
  • Appoint committees
  • Communicate with residents
  • Investigate inquiries regarding violations, maintenance and other pertinent issues
  • Enforce penalties for violations
  • Maintain corporate records
  • Grant waivers, if applicable
  • Enforce the bylaws and other governance documents
  • Make decisions regarding litigation
  • Hire and monitor building management
  • Establish sound fiscal policies
  • Respond to owner concerns

 

Condominium Association Bylaws

Board members must become intimately familiar with their condominium association bylaws. Management of all condominiums is governed by the association bylaws. Board members must understand all items addressed in the bylaws, often called the “condo docs.” Further, boards must learn all state statutes that relate to bylaw subjects and strictly follow the letter of state laws to avoid legal problems.

 

Common Areas and Building Exteriors

The condominium association board must maintain–and keep in good repair–all common areas and building exteriors. Common areas are those used by all unit owners who have deeded title to small percentages of these areas. These areas include building lobbies, open land or parks, tennis courts, pools and other amenities available to all residents. Whether a high-rise style, townhouses or cluster housing, building exteriors require maintenance and repair, particularly the siding and roofs.

 

Condominium Association Budget

Creating and managing the association budget is a critical duty for condominium boards. The most common reason for condominium problems is mismanagement or misuse of the budget. Association boards without an experienced accountant as a member should consider getting advice from an outside CPA to ensure that their budget is reasonable and complete. Condominium budgets should be built like those of nonprofit corporations. By estimating expenses, including insurance, landscaping, trash removal and similar operating costs for the coming year, the association board determines the amount of monthly individual homeowner assessments, commonly called “condo fees.”

 

Maintenance and Repair Reserves

Along with operating expenses, the association must carefully consider the funds needed as “reserves” for maintenance and repair. As part of the budgetary process, establishing realistic reserves is often overlooked by association boards, sometimes with dire consequences. For example, picture a 48-unit high-rise condominium, with each unit having a suspended wooden deck for relaxing and entertaining. Decks need periodic staining and water protection applications. Further, on older condominium projects, deck replacement would be needed at some point. Neglecting to build reserves into the annual budget for deck maintenance and replacement could result in “special homeowner assessments” of thousands of dollars. Condominium boards must diligently add these to annual budgets to build up cash to make these repairs.

 

Collecting Assessments

Monthly homeowner assessments–condo fees–must be collected by condominium boards. While most condominium bylaws permit boards to place liens on individual units for unpaid condo fees, liens do not equal money. Unit owners may not refinance or sell their homes for many years, leaving the condominium association short of funds to meet budget and reserve demands. Boards have a duty to establish an effective collection policy, much like a bank, to ensure consistent monthly cash flow into the association account to meet operating expenses.

 

Fiduciary Duty

Condominium associations must fulfill their fiduciary responsibility to manage the project in a businesslike and conservative manner. Depending on the size of the condominium project, association boards may manage many dollars and complex business issues. Fiduciary duty is typically measured by evaluating the actions of individuals or groups that “reasonably prudent” persons would take. For example, neglecting to collect condo fees, putting sufficient reserves in the budget or not completing necessary repairs is a breach of fiduciary responsibility. Condominium boards usually have individual and collective fiduciary responsibility and could be subject to serious lawsuits from unit owners for failing to act prudently.

 

 

The problem is that community associations have a lot of records and it goes beyond what a board of directors have control of because managers and management companies also have control of essential documents that very often go missing.

Outgoing board members to return all official records … to the incoming board.

 

Every board of directors, whether for a Fortune 500 company or your community association, needs a great secretary. The secretary is responsible for maintaining those records accurately, including meeting minutes, bylaws and membership records.

 

Prior to recent amendments to the procedures for fining and use right suspensions for non-monetary violations.

 

Are your community Documents Updated?

Homeowners Associations and Condominium Associations have three governing documents: the Declaration, the Bylaws, and the Articles of Incorporation.

The Declaration is the “contract with the membership” – it contains things like pet restrictions, vehicle restrictions, guest rules, the ability to do background screening on incoming buyers and tenants, insurance obligations, and other things that affect every community member’s everyday life.

The Bylaws are your go-to for procedures such as who gets to vote? How many members comprise the board? When are your elections? Who can be on the board? Who can call meetings? When is the annual meeting?

And the Articles of Incorporation are your contract with the State of Florida that incorporate you as a corporation-not-for-profit.
All three documents reference one another, and it’s important to have congruency.

 

 

Take Action today; select one of our Legal Members for a comprehensive, custom-tailored update to all three community association documents

—the Declaration, the Bylaws, and the Articles of Incorporation

Covid-19 & New Laws have brought many changes; every community should have the new laws added to their governing documents.

 

 

The Process of updating governing documents.

The board shoulders a bit more responsibility – giving us lots of information about your association—and then we collaborate together on the tougher provisions, ensuring you have the very best guidance and governing documents that are perfect for your community.

  • Search of original documents and amendments all the way through the mailing of proxies and finally recording of your new documents..
  • Our presence at town hall meetings, board meetings, or assistance with mailings.
  • There will be a lot of questions from owners, we can help answer these for your community.

Legal Members can provide not only guidance about your community standards, but also lots and lots of ideas from all of the other communities with whom we work! Some of the most popular updating provisions these days include: preventing AirBNB and sober homes, creating a non-smoking building (while grandfathering in current residences), eliminating investors, protecting the association from corporate takeover, and screening new residents and tenants for criminal histories and good credit references!

 

How much time does it take to update documents?

This depends quite a bit on you! As soon as you retain our services with payment, we send you a packet of information you need to get started. We also are ready to schedule your telephone conference within the following fourteen days. That said, some associations need a bit of extra time—someone’s on vacation, or it’s hard to coordinate calendars with everyone. (And that is perfectly alright!)

You will also have an opportunity, after our phone conference, to review everything before we create your docs. Rewriting 60-100 page documents takes a bit of time! We ask for six-to-eight weeks to create your new documents, and then we send them to you.
Once you get them, you’ll start “getting the vote” in your community! Some Associations can do this within a few weeks—and for others, the process can be months! This timeline is what fits best for your community, and we are happy to provide support in any way needed.

 

Updating governing documents can be an exciting time for your community—there are so many incredible updates to protect and modernize your association!