Condo Control

MARCH 19, 2025

They must also host digital copies of most of the associations official records, including articles of incorporation, CC&Rs, bylaws, rules, current insurance policies, the annual budget, and current certification of each director. Amendments were made in 2024, so now small condominiums with 25 or more units must also have a website.

Attorney

Condo Control

APRIL 9, 2025

So, in one way or another, finances are putting a strain on condominiums and HOAs. Increased insurance premiums were by far the biggest problem. Most of the issue options presented in the survey were selected based on recent condo/HOA laws (insurance being the big outlier). 25% say lack of finances is a top concern.

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

Property

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

Authority Property Management

JULY 26, 2024

Officially known as the Justice for Renters Act, this proposition aims to expand rent control statewide, giving cities and counties the power to regulate rents more extensively. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. New constructions built after February 1, 1995.

Real Estate

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. During this time, you wi ll need to secure homeowners’ insurance, arrange an inspection, and cover any additional closing costs. What is Multifamily Investing?

Real Estate

MRI Software

FEBRUARY 2, 2025

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Properties with up to four units are classified as residential, while those with five or more units are considered commercial, which impacts financing and tax regulations. What is a condo and how does it work?

Finance

Mem Property Management

JULY 24, 2024

As an added requirement, you can stipulate that the plan must have been designed by a licensed and insured contractor. Make sure the electric car charging stations condominiums and HOAs install won’t deal any long-term or short-term damages. After you have reviewed their application, the installation process may begin.

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