American Apartment Owners Association

JULY 14, 2025

In California, Senate Bill 326 (SB326) is transforming how Homeowners Associations (HOAs) and community boards manage the safety and maintenance of multi-family residential properties. SB326 applies specifically to: Condominium projects governed by a homeowners association. Increased insurance premiums. Who Does SB326 Apply To?

Condominium

Condo Control

FEBRUARY 14, 2025

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.

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? 133 of the Strata Property Act.

Condominium

Condo Control

DECEMBER 6, 2024

cooperatives, HOAs, and condominiums, provide anonymous answers to a survey company on behalf of the Foundation. If you live in a condominium or homeowners association, does your community have a reserve study to help plan for repair and replacement of major components owned by the community? This survey is completed every other year.

Condominium

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. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

Property

Beach Front Property Management

OCTOBER 2, 2024

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. They may face functional issues, have outdated designs, or require maintenance and renovations. What is Multifamily Investing?

Real Estate

Florida Property Management

DECEMBER 16, 2023

Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. Regularly inspect these appliances for any leaks, and follow the manufacturer's maintenance recommendations.

Tenant

Authority Property Management

JULY 26, 2024

Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. Maintenance and Upgrades With capped rental income, property owners might find it challenging to maintain and upgrade their properties. New constructions built after February 1, 1995.

Real Estate

MRI Software

FEBRUARY 2, 2025

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. A condo, or condominium, is a privately owned unit within a larger multi-unit building. What are the ownership and maintenance responsibilities of a condo? is about $300.

Finance

Property Management Inc.

NOVEMBER 26, 2024

This is why we often stress the importance of regular maintenance because issues only grow more costly when they’re not caught and taken care of early on. ” This result is a reminder of how important preventative maintenance and comprehensive reserve studies are to an HOA’s success.

Contractors

Real Property Management DC Metro

AUGUST 11, 2023

You’re on the right track to depend on your rental income if it comfortably pays all of your bills, including your mortgage, property taxes, insurance, maintenance fees, and personal living expenses. You may maintain steady occupancy and maximize your rental income by combining single-family homes, apartments, and condominiums.

Rental Property

Mem Property Management

JULY 24, 2024

There is also the question of maintenance and who should pay for them. One option is to include the maintenance costs in the computation of HOA dues. The obvious alternative is to only charge the cost of maintenance to homeowners that use the charging station. These providers usually take care of maintenance issues and expenses.

Government

Mem Property Management

SEPTEMBER 4, 2024

The business judgment rule along with directors and officers insurance will cover you as a board member for any decisions you make, even if they turn out to cause more problems than they solve for the community. Do you have or need flood insurance? However, the big caveat is that you must follow the spirit of the rule.

Government

Rental Housing Journal

MAY 12, 2025

Ferguson also signed other bills covering everything from property-tax relief for disabled veterans to encouraging construction of so-called middle housing options like condominiums. It also limits rent increases for manufactured homes to 5%. Washington needs more affordable housing a lot more, Ferguson said in a release. Last month, Rep.

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