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Florida HOA Laws 2024: Updates And Changes

HOA Managememt

Board members and community managers alike have a duty to ensure legal compliance. These bills affect both homeowners associations and condominium associations. This certification confirms that they have read the association’s governing documents, will uphold them, and will faithfully carry out their duties.

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HOA Reserve Study Requirements By State

HOA Managememt

HOA Reserve Study Requirements by State A reserve study is an integral tool for any homeowners or condominium association. However, an HOA’s governing documents may require a reserve study. However, an HOA’s governing documents may require a reserve study. Florida These are the Florida HOA reserve study requirements.

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Condo and strata chargebacks

Condo Control

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? What costs can be charged back?

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AI In HOAs: Is It Good For The Industry?

HOA Managememt

Administrative Work AI can automate administrative tasks such as record-keeping, document management, and meeting scheduling. AI can also assist in ensuring compliance with legal requirements and regulations. For instance, condominiums in Florida must maintain a reserve fund.

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1031 Exchange in Multifamily Real Estate

American Apartment Owners Association

The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations. A good QI will help you navigate deadlines, documentation, and the specific regulations associated with 1031 exchanges. To ensure the process runs smoothly, its essential to work with a knowledgeable and experienced QI.

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HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

In this article: The Importance of an HOA Electric Car Charging Policy Understand Your Governing Documents Who Pays for Electric Car Charging Stations? Establishing a written policy for how to handle charging stations will ensure consistent enforcement and compliance across the community.

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Ultimate Guide: Complying with AB1482 for California Landlords (Exempt or Non-Exempt) – A Must for Your Comprehensive Lease!

Real Property Management Choice

Let’s get started so you know how to structure your lease, your marketing, your screening , and your entire rental management plan in a way that keeps you in compliance. Unless: You’re renting out a single-family home or a condominium and you are not part of a corporation or a REIT. are not subject to rent control.

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