Fla. Stat. § 718.117

Termination of condominium

terminationdissolutioninsurance

Plain-English summary

Procedures for dissolving a condominium — voluntary by 80% owner vote, or court-ordered when the property has been substantially damaged or destroyed. Covers division of insurance proceeds, distribution of association assets, and protection of mortgagees. Increasingly relevant after structural failures.

Not legal advice. Click through to the official source for statutory text.

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