QHRRP 9000-505

MRR Authorities

 

Review/update responsibility
Finance
Revision
14 Oct 2024
Reference
CCRE IV, Section 4.10

Florida Statute 720.303

Authorities
MRR authorities are…

  • The Board has authority to manage the MRR Reserves and related project funding subject to the limitations of the CCRE and as detailed in the Association’s Policies (e.g., Authority to Commit Funds (ATCF) and Investment Policy).
  • The Property Manager (PM), as referred to in this policy is the individual from the Association’s contracted property management services who has been delegated the functional authorities of the PM.