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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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How do license plate readers work in condominium buildings?

Condo Control

That being said, license plate readers can be effective access control solutions in condominium parking garages. Table of contents How do automated license plate readers work How are LPR systems used in condo buildings? Reasons to use a license plate reader in your condo Could this access control solution work for your condominium?

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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. There are a few strategies that will make this task more manageable. Your manager should be available to guide you through legislative changes. This gives communities some time to take proactive steps, if necessary.

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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. can be used to host board and membership meetings.

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What to do when the demand for condo/HOA parking and storage is high

Condo Control

Take paid condominium parking and storage as an example. Inventory management waitlists Once the maximum number of spots or spaces have been leased, condos and HOAs can create waitlists to address demand for these shared assets. Restriping If you manage an older community, the parking spaces might be larger than necessary.

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Tips from HOA Board: Are You Unknowingly a Noisy Neighbor?

Mem Property Management

Noise is an inevitable reality in a condominium homeowners association. Does your HOA board deal with noise disturbance complaints from members?

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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. In order to avoid angering residents by issuing hefty special assessments or maintenance fee increases, boards and managers are doing what they can to offset the high cost of maintaining a condo. But this year is different. million for a 300-unit building.