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Azure Lake Condominium Association · Florida

Our initial scan found 2 potential issues in your governing documents.

We checked the 5 public PDFs on Azure Lake Condominium Association’s website against current Florida and federal HOA law—and more issues may exist depending on the documents you load.

Elevator Contract 2026 Parking Project 2025 Panzarella Contract 2026 Central Lawn Maintenance, Inc 2026 Second Notice of Annual Meeting 2026 + Add up to 10 PDFs in Full Analysis
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Initial Scan
2 Issues

Flagged across 5 public governing PDFs.

Sample Excerpt Below
Page 1

@ Azure Lake Finan Stmt 202609 Website excerpt with statutory citation & redline notes.

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Page 1 of @ Azure Lake Finan Stmt 202609 Website

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Azure Lake Condominium Association @ Azure Lake Finan Stmt 202609 Website page 1 widened with TrueHOA Crystal AI margin annotations

1-page sample from @ Azure Lake Finan Stmt 202609 Website (Page 1) showing paragraph highlight, leader line, statutory citation, and discussion notes.

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STATUTORY GAP Sample Issue #1 of 2
@ Azure Lake Finan Stmt 202609 Website · Sec. General · Page 1, 2

Reserve provisions omit mandatory Structural Integrity Reserve Study (SIRS) 10-year schedule and non-waivable structural reserve requirements.

Operative Clause · Sec. General (Page 1, 2)

“Azure Lake Condominium Association, Inc. For the Period Ended September 30, 2026 By: Tamar and Associates, LLC. TAMAR AND ASSOCIATES, LLC For AZURE LAKE CONDOMINIUM ASSOCIATION, INC. NOTES TO FINANCIAL…”

Why It’s Flagged

Fla. Stat. § 718.112(2)(g) (SB 4-D / HB 1021)

  • Associations operating buildings 3 stories or higher must complete a Structural Integrity Reserve Study (SIRS) at least every 10 years for roof, structure, fireproofing, plumbing, electrical, waterproofing, windows, and exterior painting, and may not waive or reduce funding for SIRS items in budgets adopted on or after December 31, 2024.

Sample Discussion Wording for HOA Counsel

For Board & Counsel Review

  1. 1- Azure Lake Condominium Association, Inc. For the Period Ended September 30, 2026 By: Tamar and Associates, LLC.
  2. 2TAMAR AND ASSOCIATES, LLC For AZURE LAKE CONDOMINIUM ASSOCIATION, INC. NOTES TO FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2026 Florida statutes and regulations require us to prepare your financial statements in accordance with the standards established by the AICPA (American Institute of CPA’s) and the FASB (Financial Accounting Standards Board).
  3. 3The myriad of preparation and reporting guidelines are collectively referred to as GAAP (Generally Accepted Accounting Principles) and GAAS (Generally Accepted Auditing Standards).
  4. 4The FDIC insures up to a maximum of $250,000 for each banking relationship.
  5. 5There may be times when the Association’s funds exceed this amount.
  6. 6During the review of your financial statements for the period stated above, we noted certain line items contained within the details of the reporting that require additional identification and warrant further inquiry.
  7. 7The following items are being brought to your attention: NOTES THIS PERIOD 1.
  8. 8On September 22, 2025, the association passed a special assessment of $1.95M to repay the line of credit obtained two years prior to facilitate property improvements.
  9. 92.
  10. 10Operating (GL1370) owes Reserves (GL1380) $8,055.33 at the end of September 2026.
  11. 113.
  12. 12Operating (GL1382) owes Special Assessment (GL1384) $254,339.85 at the end of September 2026.
  13. 134.
  14. 14A financial summary of operations during September 2026 and year to date is presented below: For Sep 2026 Year-to-Date Sep 2026 in $ Particulars Actual Budget Variance Actual Budget Variance Annual Budget Total Income Total Expense Operating Net Income Reserve Expense Net Income 80,118 72,101 8,017 -5,417 2,600 48,822 43,405 5,417 -5,417 0 31,296 -28,696 2,600 0 2,600 707,368 560,481 146,887 -48,757 98,130 439,402 390,645 48,757 -48,757 0 267,967 -169,836 98,130 0 98,130 585,869 520,860 65,009 65,009 0 7580 NW 5 th St. #15352, Plantation, FL 33318 * Office (954) 837-8800 [email protected] or www.tamarassociates.wordpress.com Azure Lake Condominium Association, Inc. For the Period Ended September 30, 2026 By: Tamar and Associates, LLC.
  15. 15TAMAR AND ASSOCIATES, LLC For AZURE LAKE CONDOMINIUM ASSOCIATION, INC. NOTES TO FINANCIAL STATEMENTS FOR THE PERIOD ENDED SEPTEMBER 30, 2026 Florida statutes and regulations require us to prepare your financial statements in accordance with the standards established by the AICPA (American Institute of CPA’s) and the FASB (Financial Accounting Standards Board).
  16. 16The myriad of preparation and reporting guidelines are collectively referred to as GAAP (Generally Accepted Accounting Principles) and GAAS (Generally Accepted Auditing Standards).
  17. 17The FDIC insures up to a maximum of $250,000 for each banking relationship.
  18. 18There may be times when the Association’s funds exceed this amount.
  19. 19During the review of your financial statements for the period stated above, we noted certain line items contained within the details of the reporting that require additional identification and warrant further inquiry.
  20. 20The following items are being brought to your attention: NOTES THIS PERIOD 1.
  21. 21On September 22, 2025, the association passed a special assessment of $1.95M to repay the line of credit obtained two years prior to facilitate property improvements.
  22. 222.
  23. 23Operating (GL1370) owes Reserves (GL1380) $8,055.33 at the end of September 2026.
  24. 243.
  25. 25Operating (GL1382) owes Special Assessment (GL1384) $254,339.85 at the end of September 2026.
  26. 264.
  27. 27A financial summary of operations during September 2026 and year to date is presented below: For Sep 2026 Year-to-Date Sep 2026 in $ Particulars Actual Budget Variance Actual Budget Variance Annual Budget Total Income Total Expense Operating Net Income Reserve Expense Net Income 80,118 72,101 8,017 -5,417 2,600 48,822 43,405 5,417 -5,417 0 31,296 -28,696 2,600 0 2,600 707,368 560,481 146,887 -48,757 98,130 439,402 390,645 48,757 -48,757 0 267,967 -169,836 98,130 0 98,130 585,869 520,860 65,009 65,009 0 7580 NW 5 th St. #15352, Plantation, FL 33318 * Office (954) 837-8800 [email protected] or www.tamarassociates.wordpress.com Notwithstanding any provision to the contrary, for any building 3 stories or higher in height, the Association shall complete a Structural Integrity Reserve Study (SIRS) at least every 10 years pursuant to Fla. Stat. § 718.112(2)(g) (SB 4-D / HB 1021) and shall fully fund all mandatory SIRS structural reserve components without waiver or reduction.

REMAINING INITIAL FINDINGS & FULL DOCUMENT SET

1 Additional Issues Flagged in Initial Scan

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# Potential Issue Surfaced in Initial Scan Document Severity
#2 Hurricane Protection & Storm Shutter Approval Conflict Declaration / CC&Rs STATUTORY GAP
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