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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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5 ways for high rise condominiums to save money in 2025

Condo Control

Densely populated high rise condominiums have always been budget conscious. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. Software reduces paper usage Admin work requires a lot of documentation. But this year is different.

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

Condo Control

Owners living in California can elect directors and amend governing documents using electronic secret ballots as of January 1, 2025. 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.

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Florida HOA Laws 2024: Updates And Changes

HOA Managememt

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. They must also complete a state-approved condominium education course.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

Most debt collection practices are governed by state law, and your specific homeowner’s associations governing documents tackle the process. Many HOAs have already meticulously outlined the process in their governing documents. Michigan HOA collection laws in Michigan primarily include the Michigan Condominium Act (MCL 559.208).

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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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How a condo/HOA attorney might navigate new Florida laws

Condo Control

Below, we will outline the topics discussed in the webinar, and we invite you to download the Q&A document, too. Please note that the information provided here, and in the Q&A document, is for general informational purposes only and does not constitute legal advice. The certificate of completion is valid for up to seven years.

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