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HOA Insurance — What You Don’t Know, Can Hurt You!

Mem Property Management

The purchase and annual renewal of the Master Insurance policy for most homeowner associations (HOAs) is probably the quickest and least understood decision an HOA board makes each year say Martin H. IMPORTANT: Your insurance broker must review the CC&R for your association to understand the scope of the associations responsibility.

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How a condo/HOA attorney might navigate new Florida laws

Condo Control

They must also host digital copies of most of the associations official records, including articles of incorporation, CC&Rs, bylaws, rules, current insurance policies, the annual budget, and current certification of each director. Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website.

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Community managers say these are the top issues impacting their associations

Condo Control

So, in one way or another, finances are putting a strain on condominiums and HOAs. Increased insurance premiums were by far the biggest problem. Most of the issue options presented in the survey were selected based on recent condo/HOA laws (insurance being the big outlier). 25% say lack of finances is a top concern.

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How Tenants Can Prevent Water Damage

Florida Property Management

Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. In this blog, we'll explore practical tips and strategies to help tenants safeguard their homes from the damaging effects of water.

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Addressing the Ongoing Issue of Aging Infrastructure in HOAs

Property Management Inc.

They created a task force “comprising attorneys, reserve specialists, engineers, insurance providers, managers, and bankers, to determine what issues are the most prevalent in failing physical components, and—especially—how associations can prepare themselves to address and resolve these issues when they inevitably arise.”