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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Not only is it easy to get to, but condominium units were plentiful and very affordable. While there are some exceptions to reserve fund requirements, most condominiums are required to have studies completed by a professional at least once every 5 years. Florida has historically been considered an ideal state to purchase a winter home.

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

Condo Control

California Florida Illinois You can also check out laws that came into effect in 2024 and previous years for each state. Amendments were made in 2024, requiring condominiums with 25 or more units to have a website. HB 1203 makes it clear that HOAs need a website, just like condominium communities. Recent U.S.

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Bill 30 could make condo living easier in Alberta

Condo Control

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.

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Community association trends: What’s changed in 6 years

Condo Control

housing stock, reports the Foundation for Community Association Research, and that number will continue to rise as the Foundation predicts developers will form more than 3,000 HOAs in 2024. cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation.

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How a condo/HOA attorney might navigate new Florida laws

Condo Control

HB 1203 was passed in 2024 with the intention of promoting transparency and consistency across Florida homeowners associations. Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website. It is a valuable opportunity to identify areas of HOA and condominium law that can be confusing.

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Is it possible to own an electric car if you live in a condo or apartment?

Condo Control

Download our free EV charging policy template In Canada, more than 65,000 battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) were registered in the second quarter of 2024, reports Statistics Canada. That amounts to nearly 13% of all new vehicle registrations. That number was just 3.4% Combined U.S.

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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

As we approach the November 2024 elections, one of the key ballot measures that could significantly impact the real estate market in California is Proposition 33. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. New constructions built after February 1, 1995.