Condo Control

NOVEMBER 11, 2024

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.

Condominium

American Apartment Owners Association

DECEMBER 9, 2024

By leveraging this tool, you can defer capital gains taxes and reinvest in larger or more lucrative properties. Internal Revenue Code, allows real estate investors to defer paying capital gains taxes when they sell a property and reinvest the proceeds into a like-kind property. What is a 1031 Exchange in Real Estate?

Real Estate

Mem Property Management

JANUARY 6, 2025

DEALING WITH CONDO FROZEN PIPES Every season has its range of weather-specific concerns for property owners and condominium associations. In the winter, that includes the risk of water damage and frozen pipes on the property. When crafting your amendments, make sure to consult your associations attorney to help with the wording.

IT

Real Property Management DC Metro

APRIL 27, 2023

Managing your own property can be hard. Even if unintentional, committing such an offense can cost you years in court and thousands of dollars on costly attorneys. Even if unintentional, committing such an offense can cost you years in court and thousands of dollars on costly attorneys. Are Your Properties Exempt?

Single-Family Home

Property Management Inc.

NOVEMBER 26, 2024

They created a task force “comprising attorneys, reserve specialists, engineers, insurance providers, managers, and bankers, to determine what issues are the most prevalent in failing physical components, and—especially—how associations can prepare themselves to address and resolve these issues when they inevitably arise.”

Contractors

MRI Software

FEBRUARY 26, 2025

With the growing demand for rental housing, more investors and property owners are looking to develop multifamily properties as a profitable long-term investment. They regulate key factors such as building density, height limitations, and property usage to ensure urban development aligns with long-term community planning goals.

Applications

Mem Property Management

JULY 24, 2024

As always, it is best for HOA boards to seek help from an attorney or their HOA management company when interpreting their rights, powers, and obligations. California law, for instance, does not allow HOAs to prohibit homeowners from installing a charging station on their own property or parking space.

Government

HOA Managememt

JANUARY 14, 2025

However, this should be executed in writing by the HOA member or his/her authorized attorney-in-fact. If the property has multiple owners, each can vote or object to another owners vote through a proxy. For a proxy to be valid and recognized in Georgia, it must be executed in writing and signed by the member or attorney-in-fact.

Government

Mem Property Management

SEPTEMBER 4, 2024

The documents below the line are more fluid and can clarify the property restrictions in the documents above them, but cannot contradict documents higher in the hierarchy. Always check with an attorney for your state’s specific laws when implementing Rules. Is there a percentage wind or hail deductible?

Government

Condo Control

FEBRUARY 13, 2025

There are hosting fees and maintenance fees to consider in addition to the initial cost of the site Has the board spoken with an attorney about the website and what information should be gated? Why we like this website The website highlights the propertys unique asset of the full ocean view.

Government

MRI Software

APRIL 1, 2025

Condos have become a popular choice for buyers seeking affordable and low-maintenance homeownership, and this trend has sparked interest among multifamily property owners. Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment.

IT