Assume that an HOA has improperly violated a statute by removing moneys from a reserve account and paid the unit-owners. Relevant Florida laws include:
718.112(2)(f) 3. and 4., Florida Statutes: 3. Reserve funds and any interest accruing thereon shall remain in the reserve account or accounts, and may be used only for authorized reserve expenditures unless their use for other purposes is approved in advance by a majority vote at a duly called meeting of the association.
Assume that a complaint is successful and Florida authorities rule the funds must be returned by the all unit-owners to the reserve. Assume that Alice improperly received the said money, however Alice has sold her home to Bob. Does the onus to return the funds fall on Alice or Bob?
Is the process that Bob must pay and then collect from Alice?