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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. Note that this bill is directed at condominium and cooperative associations. House Bill 913 , also known as the 2025 Reform Bill, came into effect July 1. The location must be provided in the association’s bylaws.

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Alabama HOA Laws: A Guide to Homeowners’ Rights and HOA Powers

HOA Managememt

Alabama Homeowners Association Act (2015) Effective January 1, 2016, Alabamas Homeowners Association Act governs homeowners associations created after that date. Existing HOAs can opt in by amending their governing documents. Mandates disclosures to buyers about HOA membership, assessments, and governing documents.

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How a condo/HOA attorney might navigate new Florida laws

Condo Control

Find out how an attorney might approach some of the new Florida laws Many owners were excited, or at least optimistic about the possibility of having more freedom and transparency in their neighborhoods. You should always consult with an attorney for advice about specific situations. And its not just HOAs.

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

Condo Control

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. HB 1203 makes it clear that HOAs need a website, just like condominium communities.

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The Corporate Transparency Act – should your association wait to file a report?

Condo Control

Homeowners associations, condominium associations, and housing cooperatives are usually structured as state non-profit corporations and are therefore swept into the BOI reporting requirements. If board members ask a manager or attorney to file on their behalf, then they will need to pay those professionals for their time.

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Reserve study requirements by state

Condo Control

Motivated by the Surfside condo collapse, lawmakers don’t ever want to see another community in the same position as the Miami condominium ended up in. Condominium disclosure statements must include the current balance in reserves, and the most recent reserve study, states Section 81-409.

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1031 Exchange in Multifamily Real Estate

American Apartment Owners Association

swapping a property owned by an LLC with one owned by an individual) These pitfalls can be avoided by working with a team of experienced professionals, including real estate attorneys, tax advisors, and qualified intermediaries.