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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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Florida HOA Laws 2024: Updates And Changes

HOA Managememt

Homeowners associations should keep up with the changes in Florida HOA laws 2024. What are the New Florida HOA Laws 2024? These bills affect both homeowners associations and condominium associations. They must also complete a state-approved condominium education course. This certification is valid for four years.

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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. 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.

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The Corporate Transparency Act – should your association wait to file a report?

Condo Control

This act came into effect in January of 2024, and businesses that meet certain criteria are expected to file a Beneficial Ownership Information (BOI) report to the U.S. financial system. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) by January 1, 2025. Who is expected to file a report?

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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.

Apartment 130
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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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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.