Condominium Finance Government 
Condo Control
FEBRUARY 5, 2025
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.
Condo Control
FEBRUARY 14, 2025
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. With so many expenses, its not hard to overspend and exceed the annual budget. But this year is different.
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Condo Control
NOVEMBER 21, 2024
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.
Condo Control
NOVEMBER 12, 2024
The Corporate Transparency Act (CTA) aims to help detect and combat money laundering and terrorist finance, facilitate tracking money that has been sourced through criminal or terrorist activity, and safeguard national security and the U.S. The federal government appealed the decision​​​ on March 11. financial system.
Bay Property Management Group
NOVEMBER 18, 2024
A property owners association or POA is the word used for an organization that manages and governs a community or residential area. They typically govern the shared spaces more than individual properties. A condominium owner’s association (COA) is another one that is very similar to an HOA. What is a COA?
Condo Control
APRIL 9, 2025
25% say lack of finances is a top concern. So, in one way or another, finances are putting a strain on condominiums and HOAs. Hiring more staff would help resolve this issue, but most communities dont have that much wiggle room in their budgets. Table of contents Money concerns are impacting communities all over the U.S.
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. In this blog, we will delve into the nuances of co-ops and condos, highlighting their ownership structures, financing considerations, and community dynamics.
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