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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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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. State/provincial laws and Acts come next, followed by governing documents. Some states and provinces like Florida, California, Michigan, Ontario and Alberta have extensive laws for governed communities to follow.

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California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

SB 326 (HOA Exemptions & Separate Condo Rules) Condominiums managed by HOAs follow a different inspection process but must comply with SB 326. Non-Compliance Penalties: Failure to comply may result in civil penalties, fines, or liens on the property. Subsequent inspections must be conducted every six years.

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Florida Short-Term Rental Laws 2025: What Property Managers Need to Know

Avantio

Tug-of-War Between State and Local Regulations What Does This Mean for Airbnb Hosts and Property Managers? B 280 also mandates that property rental platforms like Airbnb collect and remit tourism taxes, submit occupancy and registration data to the state, and allow DBPR to manage licenses. So What’s the Problem?

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Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

Californias balcony inspection laws, SB721 and SB326 , are reshaping how property owners and HOAs approach building safety. The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. Their goal is simple: to ensure that these structures remain safe and sound for residents.

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What Does Balcony Inspection SB326 Mean for HOAs and Community Boards?

American Apartment Owners Association

Passed into law in 2019, this legislation directly addresses the structural integrity of elevated exterior elements—most commonly balconies, decks, walkways, and stairways—used by multiple families in condominium buildings. For HOAs, this means a significant shift in responsibilities, risk management, and long-term planning.

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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. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. With so many expenses, its not hard to overspend and exceed the annual budget. But this year is different.