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1031 Exchange in Multifamily Real Estate

American Apartment Owners Association

To comply with IRS regulations, you must adhere to the following rules: 45-Day Identification Period: Within 45 days of selling your property, you must identify potential replacement properties. The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations.

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AI In HOAs: Is It Good For The Industry?

HOA Managememt

AI can also assist in ensuring compliance with legal requirements and regulations. For instance, condominiums in Florida must maintain a reserve fund. This means ensuring the secure storage of personal data and the compliance of AI systems with relevant data protection laws.

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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

Officially known as the Justice for Renters Act, this proposition aims to expand rent control statewide, giving cities and counties the power to regulate rents more extensively. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. New constructions built after February 1, 1995.

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What is multifamily property management and what are the benefits?

MRI Software

The types of properties managed within this sector include condominiums (condos), townhouses, and any other residential buildings with multiple rentable units. Their role is to ensure that the screening is thorough, fair, and complies with all relevant housing laws and regulations.

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Have You Received a Reasonable Accommodation Request in Hawthorne?

Real Property Management California Coast

As a property manager, you must ensure compliance with all disability-related rules and regulations. Owner-occupied single-family dwellings, apartments, and condominiums with no more than four units are typically exempt from the ADA’s reasonable accommodation requirements.

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HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

Establishing a written policy for how to handle charging stations will ensure consistent enforcement and compliance across the community. Make sure the electric car charging stations condominiums and HOAs install won’t deal any long-term or short-term damages. And those requirements only apply to a single charging station.

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HOA Political Signs Rules Per State

HOA Managememt

From what paints are permissible to what type of flowers can be planted, HOAs typically have the authority to regulate such matters. HOA Political Signs Rules Per State Homeowners associations often have rules that govern the appearance of properties. Many communities have HOA political signs restrictions.