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Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Not only is it easy to get to, but condominium units were plentiful and very affordable. While there are some exceptions to reserve fund requirements, most condominiums are required to have studies completed by a professional at least once every 5 years. Florida has historically been considered an ideal state to purchase a winter home.

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New Florida laws for summer 2025: Is your condo impacted?

Condo Control

Although summer is a great time for a bit of rest and relaxation, Florida condominiums have some work ahead of them. House Bill 913 , also known as the 2025 Reform Bill, came into effect July 1. Note that this bill is directed at condominium and cooperative associations.

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Regulatory compliance in condo/HOA management: Navigating evolving laws

Condo Control

A good example is the set of laws passed by the state of Florida following the Surfside condominium collapse. Check out the Community Association Institute (CAI), Canadian Condominium Institute (CCI), First Service Residential, or a few local law firms serving your area for classes, webinars and publications.

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Is now the time to buy a condo in Toronto?

Condo Control

But, making such a large purchase always comes with risks that need to be evaluated. The price is right It’s still a stretch to say that Toronto condominiums are affordable, but prices are certainly more reasonable now than they were 3 years ago. Q1 2025 condominium sales amounted to 3,794 in the GTA, down 21.7%

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New 2025 condo and HOA laws for U.S. states

Condo Control

Check out the new laws that have come into effect in 2025. Owners living in California can elect directors and amend governing documents using electronic secret ballots as of January 1, 2025. Amendments were made in 2024, requiring condominiums with 25 or more units to have a website.

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5 ways for high rise condominiums to save money in 2025

Condo Control

Densely populated high rise condominiums have always been budget conscious. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. Chatbots Chatbots can be installed on a condominiums website to answer basic questions from prospective buyers or residents.

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Condo Control wins winter 2025 G2 leader award

Condo Control

Were starting 2025 on a high note, and we have our amazing customers to thank for this exciting achievement! On top of that, out of the 15 leaders in the property management space, we are the only one that specializes in condominium and homeowner association management. Its a happy new year at Condo Control.