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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. With so many expenses, its not hard to overspend and exceed the annual budget. 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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California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

SB 326 (HOA Exemptions & Separate Condo Rules) Condominiums managed by HOAs follow a different inspection process but must comply with SB 326. Non-Compliance Penalties: Failure to comply may result in civil penalties, fines, or liens on the property. Subsequent inspections must be conducted every six years.

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Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

Californias balcony inspection laws, SB721 and SB326 , are reshaping how property owners and HOAs approach building safety. The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. Their goal is simple: to ensure that these structures remain safe and sound for residents.

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Email policies for condos and HOAs

Condo Control

Download our free email policy In order to ensure email correspondence remains productive and useful, condominiums and HOAs should have an email or electronic communications policy in place. They can be safely disposed of after seven years, but you may get rid of them sooner depending on what your governing documents say.

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How a condo/HOA attorney might navigate new Florida laws

Condo Control

Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website. They must also certify, in writing, that they have read the associations governing documents, will work to uphold the documents to the best of their ability, and faithfully discharge their duties.

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