Condo Control

APRIL 21, 2025

Youve been elected to serve on the condominium board of directors. Well, you are now responsible for overseeing the corporations affairs, ensuring compliance with provincial laws and the governing documents, and upholding the best interests of unit owners as a whole. Congratulations! So now what?

Condominium

Condo Control

NOVEMBER 7, 2024

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? What costs can be charged back?

Condominium

Condo Control

JUNE 19, 2025

While that seems relatively long, consider this: it can cost $200,000 to $300,000 to replace a single elevator cab in a condominium! Instead of paying a premium to replace an entire cab or initiate emergency repairs, your condominium can budget accordingly and spend less on small repairs and adjustments.

Condominium

HOA Managememt

OCTOBER 28, 2024

HOA Reserve Study Requirements by State A reserve study is an integral tool for any homeowners or condominium association. The condominium disclosure statement must also include the most recent reserve study, as per Section 81-409. There are 13 states that require a reserve study or a reserve schedule for condo associations.

Government

HOA Managememt

AUGUST 27, 2024

AI can also assist in ensuring compliance with legal requirements and regulations. For instance, condominiums in Florida must maintain a reserve fund. Legal Assistance Communities can also use AI to provide legal assistance by analyzing legal documents, identifying potential issues, and ensuring compliance with state and federal laws.

IT

Bay Property Management Group

DECEMBER 3, 2024

These books can give you a greater understanding of legal compliance, tax strategies, repair processes, and more. Preventative Maintenance for Multi-Family Housing: For Apartment Communities, Condominium Associations, and Town Home Developments by John C. You can ensure that you’re armed with the information you need to succeed.

Property Management

American Apartment Owners Association

JANUARY 27, 2025

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.

Property

Real Property Management California Coast

APRIL 28, 2023

What Information Can You Ask Your Tenants to Provide? As a property manager, you must ensure compliance with all disability-related rules and regulations. Only request information that is necessary to make a reasonable accommodation or to ensure the accessibility and safety of the property when interviewing a person with a disability.

Condominium

Authority Property Management

JULY 26, 2024

Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. The process of navigating new rules, handling disputes, and ensuring compliance with varying local regulations can increase operational costs and complexity. New constructions built after February 1, 1995.

Real Estate

MRI Software

DECEMBER 12, 2023

The types of properties managed within this sector include condominiums (condos), townhouses, and any other residential buildings with multiple rentable units. Legal matters Property managers must be knowledgeable about landlord-tenant laws and fair housing regulations to keep the multifamily property in legal compliance.

Property Management

MRI Software

FEBRUARY 26, 2025

These properties can take various forms, including apartment complexes, duplexes, townhouses, or condominiums, offering a range of housing options for different demographics. Staying organized and responsive to requests for additional information can help streamline the approval process.

Applications

Real Property Management Choice

MAY 23, 2024

Let’s get started so you know how to structure your lease, your marketing, your screening , and your entire rental management plan in a way that keeps you in compliance. Unless: You’re renting out a single-family home or a condominium and you are not part of a corporation or a REIT. are not subject to rent control.

Lease

Real Property Management Choice

OCTOBER 31, 2024

Single Family Homes and Condominiums Single-family homes and condos are exempt from rent control, provided they are not owned by a corporation, real estate investment trust (REIT), or a limited liability company in which at least one member is a corporation. We want to protect you from making a legal mistake.

Landlord

Beach Front Property Management

MAY 21, 2025

Just Cause Eviction Protections in LA Starting January 27, 2023, Los Angeles implemented eviction protections for renters, extending these safeguards to almost all rental properties, including single-family homes and condominiums. We encourage property owners to monitor these updates to ensure compliance and avoid potential issues.

Single-Family Home

MRI Software

APRIL 1, 2025

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

IT