In our previous blog post, we tackled some of the common procedures for elections in a condo association. Some of these regulatory provisions will still apply to elections in an HOA, while most do not. Interestingly, the election process is very different for condo...
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...
In the case of delinquency or bad debt from residents in your community association in South Florida, you have rights and you have options. The first thing to note is the order of escalation, depending on the situation, which is as follows: 1. Check your declaration...
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...
Condo associations, no matter how big or small, will come up against some major expenses at various points in their operation. The key to being prepared to handle these hurdles with ease is by fully funding your reserve. What is a reserve fund? Reserves are monies set...
