HOACompliant
Glossary

Turnover

Also called: transition

Turnover is the point at which control of the association passes from the developer to a board elected by the owners. Florida sets when it must happen and what records and funds the developer must hand over, which is why turnover often prompts a careful records review.

Governing statute

Director recall turnoverFla. Stat. 720.303(10)

Related obligations

Records turnover after a director recall

Related terms

Board of directorsOfficial recordsBoard member certification

General information, not legal advice. Confirm with association counsel.

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