Fiddlesticks Country Club, Inc. v. Shaw
Homeowners in a deed-restricted golf community sued the Club, claiming a vested contractual right to the equity-certificate redemption terms and 100% assessment refunds in the bylaws in effect when they bought in, so that a later-adopted $9,000 nonrefundable assessment was invalid. The Sixth DCA reversed summary judgment for the homeowners, holding that because the bylaws (the only source of the claimed right) contained an unqualified amendment-by-majority-vote provision, no vested right to a specific redemption rate existed, and that section 720.306(1)(c) did not apply because the assessment did not amend the governing documents or alter voting interests or proportionate common expenses.
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