Broward County HOAs set assessments through a budget adopted by the board with 14-day member notice. Condos face mandatory reserve funding under post-Surfside law.
Assessments in Broward County HOAs are governed by FL Chapter 720 and individual recorded declarations. Boards adopt the annual budget at a meeting noticed at least 14 days in advance with budget copies provided to members. Regular assessments are due on the schedule specified in the declaration, most commonly monthly or quarterly. Special assessments for capital projects or unforeseen expenses typically require a separate membership or board vote depending on the governing documents. Late fees are capped at the greater of 25 dollars or 5 percent of the overdue installment, and interest is capped at 18 percent annually. Condominium associations under FL 718 must fund reserves for roof, paving, painting, and structural components, and since the 2022 Surfside reforms cannot waive or underfund structural integrity reserves in buildings three stories or taller. Associations may record a lien and foreclose after 45 days delinquency following statutory notice requirements.
Contact your local code enforcement office for specific penalty information.
See how Broward County's assessment & dues rules stack up against other locations.
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