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 ...
The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...
A 2023 Florida law now requires older condominium buildings to undergo structural inspections and maintain adequate reserves for repairs, ending decades of deferred maintenance. Millions of condo ...
It’s not very often that condominium and coop properties make mortgage industry headlines — but there is a very good reason why they are. In January 2022, Fannie Mae rolled out new temporary ...
Six months after the shocking collapse of a 12-story condominium building in Surfside, Fla., mortgage lenders are being required to look far more closely at the maintenance history of condos that are ...
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, ...
Florida condo owners are grappling with steep fee increases and massive special assessments after post-Surfside safety laws ...
Deferred maintenance and deferred repair work in the Champlain Towers South building are well documented. Now, disclosures will have to be made. A major national condo reform is taking place in the ...
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.