Condo Control

NOVEMBER 11, 2024

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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HOA Managememt

DECEMBER 31, 2024

Both homeowners and HOA board members should understand the regulations under this Act to avoid penalties. Enacted in 1985, this law applies to all forms of common interest developments (CIDs), including condominiums, planned developments, and cooperatives. This includes the rules and regulations of the HOA. The Liebler v.

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IT Government Regulation Condominium 130

Bay Property Management Group

NOVEMBER 18, 2024

A homeowners association (HOA) is an organization in a planned community or another type of group housing development that creates and enforces its own local rules and regulations for the houses and residents in that community. The regulations and dues for one HOA vs another HOA can vary a lot. They are also regulated in various ways.

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Government Regulation Single-Family Home Property Management 130

American Apartment Owners Association

DECEMBER 9, 2024

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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Real Estate Regulation Condominium Attorney 130

Condo Control

MARCH 24, 2025

Traditional guest pass management can be complicated and ineffective It is precisely because of scenarios like the one described above that drive condominiums and HOAs to implement guest pass systems for pool access. A quick scan is all it takes to validate the pass. Will this solve all of our pool problems?

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HOA Managememt

AUGUST 27, 2024

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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IT Compliance Maintenance Condominium 130

Nest DC

JUNE 22, 2023

After single-family row homes and townhouses, condominiums (condos) and cooperatives (co-ops) are two popular housing types in Washington, DC, for potential buyers. When you purchase a condominium, you are buying an individual unit within a larger building or complex. What does that mean? And, is it important? Is it co-ops or condos?

Rent 52

Rent Condominium Finance Regulation 52

MRI Software

FEBRUARY 26, 2025

You’ll learn about zoning regulations, the step-by-step rezoning process, and how to build a strong case for approval. They regulate key factors such as building density, height limitations, and property usage to ensure urban development aligns with long-term community planning goals.

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Applications Applicants Consulting Regulation 52

Beach Front Property Management

OCTOBER 2, 2024

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. This ensures your multifamily home complies with local codes and regulations. What is Multifamily Investing?

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Mem Property Management

JULY 24, 2024

In this article: The Importance of an HOA Electric Car Charging Policy Understand Your Governing Documents Who Pays for Electric Car Charging Stations? Make sure the electric car charging stations condominiums and HOAs install won’t deal any long-term or short-term damages. Your association must meet these demands.

Government 52

Government Maintenance Condominium Applications 52

MRI Software

FEBRUARY 2, 2025

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Properties with up to four units are classified as residential, while those with five or more units are considered commercial, which impacts financing and tax regulations. What is a condo and how does it work?

Finance 52

Finance Commercial Property Single-Family Home Maintenance 52

HOA Managememt

OCTOBER 10, 2024

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. 33-1261.

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Government Regulation Condominium Residential Property 130

HOA Managememt

JANUARY 14, 2025

While mainly governed by your associations bylaws and governing documents, most states have legislation that provides HOA proxy voting rules. HOA Proxy Voting Rules by State Here are the different state laws stipulating the United States HOA proxy voting regulations: Alabama Section 10A-3-2.05(b) What is Proxy Voting?

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Government Electronics Attorney Single-Family Home 130

Mem Property Management

SEPTEMBER 4, 2024

Governing Documents The declaration, bylaws, operating rules, articles of incorporation or other documents which govern the operation of the association. The governing documents , sometimes referred to as the CC&R’s (Conditions, Covenants, and Restrictions) is where the HOA and the board get their authority.

Government 52

Government Insurance Condominium Physical Property 52

MRI Software

APRIL 1, 2025

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

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