Condo Control
FEBRUARY 5, 2025
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.
Condo Control
JULY 21, 2025
Condominiums and HOAs must have detailed annual budgets covering all expected income and expenses, capital improvements, and long-term projects. Long-term reserve planning Returning to condo/ HOA finances, ensuring your clients’ reserves are adequately funded is another must.
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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. When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs.
Condo Control
JUNE 17, 2025
But to achieve that goal, the law could target anything from finances to accessibility standards to record distribution. A good example is the set of laws passed by the state of Florida following the Surfside condominium collapse. Not all laws are well-received, and sometimes, politicians must amend laws to make them less burdensome.
Condo Control
MAY 23, 2025
Transparency Transparency involves openly sharing information about activities, finances, and decisions. Encouraging ethical behavior in your community Promoting ethical behavior within a condominium or HOA requires a strong commitment from board members to uphold ethical standards.
Condo Control
MAY 28, 2025
But, making such a large purchase always comes with risks that need to be evaluated. The price is right It’s still a stretch to say that Toronto condominiums are affordable, but prices are certainly more reasonable now than they were 3 years ago. Q1 2025 condominium sales amounted to 3,794 in the GTA, down 21.7%
Condo Control
FEBRUARY 14, 2025
Densely populated high rise condominiums have always been budget conscious. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. Chatbots Chatbots can be installed on a condominiums website to answer basic questions from prospective buyers or residents.
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