News & Events
Real Estate Law, Miami, Fort Lauderdale
Is Your HOA or Condo Association Ready for Hurricane Season 2021
With all that 2020 delivered, you’d think the weather would take it easy on us in 2021. But hurricanes pay no mind to pandemics, social upheaval or political unrest. Hurricane season is coming. Is your HOA or condo association prepared? This season is being forecasted...
How Much Cash Reserve Should a Condo Association Have?
For condo associations, reserve funding is required by law. Although there can be some wiggle room and even a potential to hold a majority vote to do away with reserve funds, this is rarely a good decision. Reserve funds are a vital component to a condo association’s...
What Happens When a Covenant Expires?
HOA covenants form the rules and regulations of a community association that must be adhered to by members and the BOD. They are referred to as the community’s Declaration of Covenants, Conditions, & Restrictions, or CC&Rs. When you purchase a home in a...
How Much Should an HOA Keep in Reserves?
Saving for a rainy day. It’s what our parents and grandparents always taught us. For HOAs those “rainy day” savings are not just about having a nest egg for some distant future, they’re critical to the operation and proper management of any community organization....
What Happens When an HOA Runs out of Money?
There are signs and whispers around your community that all is not well in your HOA. Your next door neighbor is saying she heard from one of the board members that the reserve fund is almost gone. You notice that the pool has been closed for several months with no...
Does an HOA Increase Property Value?
For many of us, our home is our most valuable asset and our biggest investment. We place a large financial importance on our home, as well as an emotional attachment, after all home is where the heart is. When deciding whether or not to live in an HOA, there are a...
Can You Force a Board Member Out?
Running a strong board for an HOA, condo association or other community association can be tough work. There are so many logistics, safety concerns and opinions to consider. You have to manage the budget, keep the peace between neighbors, consider long-term projects,...
What If a Board Member Wants to Resign?
So, you have a board member who wants or needs to resign? Depending on the situation there could be lots of emotions (or even accusations) flying around. The board member could have resigned for completely understandable personal reasons or there could have been major...
Properly Planning for a New Year
After a year like 2020, we might feel lucky just to still have a roof over heads and a community to live in. There’s nothing like a pandemic, social justice movements, natural disasters and an election to put things in perspective. But for HOAs and condo associations,...
Closing on a Large Commercial Property? Hire an Attorney ASAP
You’ve spent months and months searching, inspecting, negotiating, searching some more for your commercial property. You finally found a location you love and you’re ready to sign the paperwork but the deal falls apart at the last minute because of zoning or...
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