Remove Attorney Remove Condominium Remove Insurance
article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property 200
article thumbnail

How a condo/HOA attorney might navigate new Florida laws

Condo Control

Find out how an attorney might approach some of the new Florida laws Many owners were excited, or at least optimistic about the possibility of having more freedom and transparency in their neighborhoods. You should always consult with an attorney for advice about specific situations. And its not just HOAs.

Attorney 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Condo Control

Florida HOAs need a website and must post records As of January 1, 2025, HB 1203 requires all HOAs that contain 100 parcels or more to maintain a website, and host digital copies of most of the association’s official records, including articles of incorporation, CC&Rs, bylaws, rules and current insurance policies. Recent U.S.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property 130
article thumbnail

Condo Frozen Pipes: Who Should Take Care Of It?

Mem Property Management

DEALING WITH CONDO FROZEN PIPES Every season has its range of weather-specific concerns for property owners and condominium associations. When crafting your amendments, make sure to consult your associations attorney to help with the wording. WHEN IS CONDO INSURANCE INVOLVED? But, is it your job to fix these pipes?

IT 52
article thumbnail

Addressing the Ongoing Issue of Aging Infrastructure in HOAs

Property Management Inc.

They created a task force “comprising attorneys, reserve specialists, engineers, insurance providers, managers, and bankers, to determine what issues are the most prevalent in failing physical components, and—especially—how associations can prepare themselves to address and resolve these issues when they inevitably arise.”

article thumbnail

HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

As always, it is best for HOA boards to seek help from an attorney or their HOA management company when interpreting their rights, powers, and obligations. As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor. Who Pays for Electric Car Charging Stations?