Tara Manatee, Inc. v. Fairway Gardens at Tara Condominium Ass'n

FULMER, Judge.

In this appeal, we are asked to determine whether the developer of a non-phased condominium project is required to fund reserves for the maintenance of condominium units that had not yet been constructed at the time that control of the condominium association was turned over from the developer to the association. We conclude that the developer is not required to fund maintenance reserves for unbuilt units and, therefore, reverse the summary judgment entered in favor of Fairway Gardens at Tara Condominium Association, Inc.

Tara Manatee, Inc. (Developer) was the developer of a…