Winning Against Your Condo Association More Getty Images Aerial view of a neighborhood with pool More than 68 million Americans live in community associations, according to the Community Associations Institute,
Gov. Ron DeSantissigned the law in response to the partial collapse of Champlain Towers South, which killed 98 people in Surfside in June 2021. New regulations require condo associations for buildings with three or more stories to file an inspection report focused on structure, maintenance and ex...
Condo property management refers to the professional oversight and administration of condominium units and their common areas. These professionals keep the property well-maintained, keep tenants satisfied, and ensure the association's rules and regulations are enforced. By delegating the day-to-day respo...
Association governing documents (ex. declaration, bylaws, rules and regulations) Association financial documents (ex. budgets, unit ledgers) Association miscellaneous documents (ex. meeting minutes, insurance policy) Community Association Retainer Programs A retainer is a valuable resource for condominium, ...
MIAMI- New regulations forFlorida condominium ownershave gone into effect, requiring condo associations to maintain reserve funds specifically for structural repairs and maintenance.At 1060 Brickell, residents face a $21 million assessment fee as a result of the new rules, with 25% of the fee ...
Rules & Regulations for HUD Housing Tenant Organizations Make Condo Enjoyment Possible Provide tenants with access to the amenities and features of your condo complex -- such as pools, gyms, clubhouses, parking structures and laundry facilities -- which may entail providing keys, remote control devi...
Condo Association.Purchasing a unit in Opequon Center means that each owner has agreed to abide by the Condo Association bylaws and regulations and any future changes to these documents, even if you do not personally agree them. The Condo Association By Laws document is a legally binding ...
A condominium community has rules and regulations.The following is a general definition of a condominium for information only.(For legal advice always seek the services of a competent professional.)A condominium is the ownership of the airspace of a unit in a multiunit building and an interest ...
“Frequently,” he continues, “communities organize new resident orientations where board and management can engage with newcomers to provide a comprehensive overview of the association’s rules and regulations. We try to increase awareness of the rules as managing agents, because we see so many ...
Review your condo association's bylaws, and/or rules and regulations, to understand the existing policies regarding renting out units. Step 2: Know your condo association's restrictions If renting is allowed, there may be limitations on the length of the lease term—including minimum and maximum...