Question: You say that condominiums are required "to collect reserve funds for roof replacement, painting, pavement resurfacing, and any other deferred maintenance item that is estimated to cost more ...
Florida condominium residents grappling with the steep cost of building improvements will get some financial relief under a new bill signed into law by Republican Gov. Ron DeSantis on Monday.The new ...
The Florida House on Wednesday overwhelmingly approved a plan that aims, in part, to ease financial strains on condominium owners, setting up negotiations with the Senate before next week's scheduled ...
MIAMI - Aging South Florida condos face critical issues, including maintenance backlogs, insufficiencies in reserves and potential financial burdens on owners due to special assessments. Some buyers ...
A condo deconversion can promise relief from mounting assessments, insurance premiums and deferred maintenance. But as the Biscayne 21 dispute illustrates, it can also leave owners displaced, ...
Fannie Mae and Freddie Mac have announced major revisions to condominium lending rules, expanding financial reviews to more properties while easing certain restrictions. The changes remove the 50% ...
In the wake of the 2021 Surfside Condominium collapse, Florida lawmakers enacted sweeping reforms to enhance safety, transparency, and accountability within condominiums and cooperatives. Most ...
FannieMae announced it’s raising the minimum amount of money condo associations need to maintain in reserve. What will it ...
Florida law requires condo associations to collect reserve funds for deferred maintenance items costing over $25,000. The applicability of Florida's eight-year term limit for condo board members to ...
Live in a home governed by a condominium, co-op or homeowner's association? Have questions about what they can and cannot do? Ryan Poliakoff, an attorney and author based in Boca Raton, has answers.
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