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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

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. Mandatory reserve fund requirements This news should not come as a surprise to any Florida condominium community. 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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How a condo/HOA attorney might navigate new Florida laws

Condo Control

Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website. Finally, 1 year after completing the 4-hour course, and each year thereafter, the director must complete at least 1 hour of continued education about recent changes to the condominium laws and rules during the past year.

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Email policies for condos and HOAs

Condo Control

Download our free email policy In order to ensure email correspondence remains productive and useful, condominiums and HOAs should have an email or electronic communications policy in place. Can you imagine a board member trying to sift through and respond to 200 handwritten letters or notes each day?

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Reserve study requirements by state

Condo Control

Many states have or are considering enforcing laws that regulate reserves. Motivated by the Surfside condo collapse, lawmakers don’t ever want to see another community in the same position as the Miami condominium ended up in. Reserve funds and studies have become a hot topic among condo and HOA communities.

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Community association trends: What’s changed in 6 years

Condo Control

cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation. If you live in a condominium or homeowners association, does your community have a reserve study to help plan for repair and replacement of major components owned by the community? This survey is completed every other year.