Election time. Hopefully you won’t have to deal with rallies and smear campaigns in your condo association. But, as with any bureaucratic aspect of your association, there are procedures to follow. Here’s a breakdown of what formalities you’ll need to be aware of, as...
In our previous blog post in this series, we discussed what to do when fines and fees must be enforced within a community association. There is a systematic process including forming a committee, scheduling a hearing, and assessing fines. However, there are even more...
The financial crisis was full of dark days for condo owners here in Miami (and across South Florida). Even those of us that were personally fine, the fact that their neighbors were not took many condo associations to the breaking point. When a condo owner slips into...
Budgets are no easy task. For condo or homeowners associations, budgets can and should require considerable work and time to prepare this in-depth fiscal plan for the coming year. But once your budget has been prepared, be certain that you are following the correct...
In Miami, there’s no getting around the fact that we need strong roofs over our heads. When you’re part of a condo association, roof maintenance, repair, and replacement is often the responsibility of the association at large, and, depending on your governance...
From a personal finance perspective, you know the importance of saving for a rainy day in case your car needs a new transmission or your air conditioning unit suddenly goes out. Because we know these things may happen at some point in the lifetime of the item, we plan...
