Condo Control
NOVEMBER 21, 2024
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. Mandatory reserve fund requirements This news should not come as a surprise to any Florida condominium community. Recent U.S.
Condo Control
NOVEMBER 11, 2024
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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Condo Control
NOVEMBER 12, 2024
Many associations feel that this expectation is unfair and unreasonable, especially since FinCEN acknowledged that the charitable sector that operates domestically presents a low risk for money laundering. There are 23 categories exempt from filing , but currently, most condo and HOA communities are not part of the exemption.
Mem Property Management
JANUARY 12, 2025
HOA Master Insurance Policy coverage should be viewed the same way go to the expert that specializes in the issues that arise in homeowner associations, particularly condominiums and townhomes. IMPORTANT: Your insurance broker must review the CC&R for your association to understand the scope of the associations responsibility.
Condo Control
JANUARY 20, 2025
A new year presents opportunities for fresh starts and exciting goals. But January can be a heavy month too, especially if you help manage a large condominium or HOA community. Creating a formal leasing process allows the condominium or HOA to determine who has the right to use a boat rack or storage locker.
Mem Property Management
OCTOBER 13, 2024
“In addition to presenting our comprehensive range of New Jersey property management services , CAI-NJ provides an ideal forum to exchange ideas about industry best practices,” added Laderman. “We are proud to support this organization and contribute to the discussion.”
Condo Control
MARCH 24, 2025
Traditional guest pass management can be complicated and ineffective It is precisely because of scenarios like the one described above that drive condominiums and HOAs to implement guest pass systems for pool access. A quick scan is all it takes to validate the pass.
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