Can the board use money from our reserve fund to pay for unexpected repairs to the common elements not covered by the reserve fund?
Reserve funds and any interest accruing shall remain in the reserve account for authorized reserve expenditures, unless their use for other purposes is approved in advance by a vote of the majority of the voting interests present at a duly called meeting of the association. Condominium Act: Section 718.112(2)(f)3., F.S.
