Condominium Maintenance Regulation 
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.
American Apartment Owners Association
JANUARY 27, 2025
Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.
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Condo Control
NOVEMBER 11, 2024
Many states have or are considering enforcing laws that regulate reserves. 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. Reserve funds and studies have become a hot topic among condo and HOA communities.
Bay Property Management Group
NOVEMBER 18, 2024
A homeowners association (HOA) is an organization in a planned community or another type of group housing development that creates and enforces its own local rules and regulations for the houses and residents in that community. The regulations and dues for one HOA vs another HOA can vary a lot. They are also regulated in various ways.
Condo Control
DECEMBER 6, 2024
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.
American Apartment Owners Association
DECEMBER 9, 2024
To comply with IRS regulations, you must adhere to the following rules: 45-Day Identification Period: Within 45 days of selling your property, you must identify potential replacement properties. The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations.
HOA Managememt
AUGUST 27, 2024
These include managing maintenance schedules, handling financial transactions, enhancing security measures, and facilitating communication with residents. Preventive Maintenance AI can predict maintenance needs before issues become critical, saving time and money. It covers various aspects of association management.
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