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How to increase the annual budget while making your condominium more bike friendly

Condo Control

Would you consider your condominium to be bike friendly? of bike amenity space into their new condominium. Bike racks dont require too much maintenance, so those annual payments will add up over time. If youre not a cyclist, you may have not given this question much thought before. One developer is incorporating over 7,000 sq.

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Employee Spotlight – Timothy Johnson, Assistant Maintenance Supervisor

Bay Property Management Group

Today, we proudly introduce Timothy Johnson, Assistant Maintenance Supervisor for one of our multi-family portfolios. These include positions at Marriott, USG&G, Roland Park Condominiums, as well as Maintenance coordinator at Sunrise Senior Living, Maintenance supervisor at Shops at Kenilworth and for the State of Maryland.

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Florida HOA Laws 2024: Updates And Changes

HOA Managememt

These bills affect both homeowners associations and condominium associations. They must also complete a state-approved condominium education course. HB 1029 For Condominium Associations Effective July 1, 2024, HB 1029 introduces the My Safe Florida Condominium Pilot Program. This certification is valid for four years.

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Reserve study requirements by state

Condo Control

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. Condominium disclosure statements must include the current balance in reserves, and the most recent reserve study, states Section 81-409.

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HOA Reserve Study Requirements By State

HOA Managememt

HOA Reserve Study Requirements by State A reserve study is an integral tool for any homeowners or condominium association. 3) An estimate of the cost of repair, replacement, restoration, or maintenance of the components identified in paragraph (1). (4) ” Colorado These are the Colorado HOA reserve study requirements.

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Condo and strata chargebacks

Condo Control

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? As such, some provinces do fine condo owners.

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Community association trends: What’s changed in 6 years

Condo Control

cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation. If you live in a condominium or homeowners association, does your community have a reserve study to help plan for repair and replacement of major components owned by the community? This survey is completed every other year.