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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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Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. Leveraging cutting-edge technology and a dedicated team of licensed engineers and inspectors , the company simplifies the compliance process for property owners. Why Choose DrBalcony?

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California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

Inspections must be conducted by licensed engineers, architects, or building inspectors. SB 326 (HOA Exemptions & Separate Condo Rules) Condominiums managed by HOAs follow a different inspection process but must comply with SB 326. Subsequent inspections must be conducted every six years.

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Bill 30 could make condo living easier in Alberta

Condo Control

Alberta has tabled legislation that aims to improve governance in condominium communities. Bill 30 , the Service Alberta Statutes Amendment Act, 2024, would impact three different Acts: Condominium Property Act Prompt Payment and Construction Lien Act (PPCLA) Public Works Act (PWA) Developers and contractors would also benefit from this Act.

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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.”

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HOA Electric Car Charging Policy: Why Have One?

Mem Property Management

High-rises, in particular, encounter engineering troubles because their infrastructure may not be strong enough. Make sure the electric car charging stations condominiums and HOAs install won’t deal any long-term or short-term damages.