Florida condo & HOA glossary

Definitions you'll see in board paperwork, statutes, and inspector reports — kept short and accurate.

Community Association Manager (CAM): A Community Association Manager (CAM) is licensed by the Florida DBPR under Chapter 468, Part VIII, to perform management services for community associations including budget preparation, records maintenance, and assisting boards with statutory compliance. CAMs serve under contract and do not replace board authority.; See: §718.501
Structural Integrity Reserve Study (SIRS): A Structural Integrity Reserve Study (SIRS) is required by Florida §718.112(2)(g) for residential condominium buildings three stories or higher. It identifies the remaining useful life of structural and waterproofing components and the funds needed to replace them, completed by a qualified engineer or architect.; See: §553.899, §718.112
Estoppel Certificate: An estoppel certificate is a written statement issued by a condominium association under §718.116(8) that certifies the amount an owner owes the association as of a specific date. It is requested in connection with the sale or refinance of a unit, must be delivered within 10 business days, and the statutory cap on the fee depends on whether the account is delinquent.; See: §718.111

Annual budget meeting notice