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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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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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

HOA Managememt

These associations play a vital role in maintaining shared spaces and ensuring harmony through community rules and regulations. Alabama Uniform Condominium Act (1991) Applies to condominiums created on or after January 1, 1991. It also regulates budgeting, insurance, maintenance obligations, and voting rights.

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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

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. Mandatory reserve fund requirements This news should not come as a surprise to any Florida condominium community. Recent U.S.

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Can someone still run for the board if they have a criminal record?

Condo Control

Are members with criminal records eligible to be board members in a condominium or HOA? Ontario Section 29(1)(f) of the Condominium Act, 1998 , requires candidates running for election to the board of directors to make certain disclosures to the corporation before election or appointment. Florida is very clear on the matter.

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1031 Exchange in Multifamily Real Estate

American Apartment Owners Association

To comply with IRS regulations, you must adhere to the following rules: 45-Day Identification Period: Within 45 days of selling your property, you must identify potential replacement properties. The QI handles the exchange process, holding the sale proceeds and ensuring compliance with IRS regulations.