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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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California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

Californias real estate landscape is changing with new laws taking effect in 2025, impacting landlords, developers, property owners, and investors. New Laws in California 2025 Californias 2025 real estate laws introduce key changes affecting landlords, investors, and developers. Here is the list of laws in California 2025: 1.

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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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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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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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Florida HOA Laws 2024: Updates And Changes

HOA Managememt

These bills affect both homeowners associations and condominium associations. They must also complete a state-approved condominium education course. Official Record Requirements Starting January 1, 2025, associations with 100 or more parcels must maintain a website where members can download official records.

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Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. Key Deadlines: SB326 Deadline: January 1, 2025 Applies to all multifamily residential buildings (3+ units) governed by an HOA. Their goal is simple: to ensure that these structures remain safe and sound for residents.