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New 2025 condo and HOA laws for U.S. states

Condo Control

2023 California Residents can request to receive electronic communications Civil Code 4040 was amended at the beginning of 2023, making it mandatory for associations to deliver documents according to the preferred delivery method specified by the member. The policy must be posted on the POA’s website.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business. Clean Vehicle Credit: You may qualify for a credit of up to $7,500 if you use a plug-in or fuel cell electric vehicle that you bought in or after 2023.

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Scam Ahead

American Apartment Owners Association

Fundraising new debt was the company’s business,” an attorney representing some investors told a judge, the Seattle Times reported. billion in 2023, 38 percent more than the year before, according to the FBI’s 2023 Internet Crime Report. Real estate development was an incidental activity.” Society wouldn’t work that way.”

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New Florida Housing Bills

Florida Property Management

APPROPRIATION: $711,000,000 Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon becoming a law, this act shall take effect July 1, 2023 Last Action: 3/30/2023 - Chapter No.

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How DC Multi-family Real Estate Investors Benefit from Hiring Property Management Experts in 2023

Nest DC

Partnering with a property management company that can navigate the complex laws and regulations unique to Washington, DC, ensures that your property complies with all local and federal requirements. With laws that get updated constantly, this may be the hardest part about being a multi-family housing provider in DC.

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Reserve study requirements by state

Condo Control

Many states have or are considering enforcing laws that regulate reserves. If a condo or HOA has not had a reserve study conducted on or after October 1, 2018, it must have had a reserve study conducted on or before October 1, 2023. Reserve funds and studies have become a hot topic among condo and HOA communities.

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

Legal Most PMCs outsource their legal services to a third-party law firm or attorney to provide legal advice and representation on various matters related to the property or properties. You can learn more about our coverage and fully managed Resident Benefits Package in our 2023 Resident Experience Report.