ADDA

JANUARY 27, 2025

Unlike facility managers, who primarily oversee maintenance and technical operations, estate managers take on a more comprehensive role, acting as the bridge between residents, management committees, and service providers. Close to 40% of residential communities have lost money on compliances and government penalties!

Management 130

Management Compliance Engineering Government 130

ADDA

JANUARY 27, 2025

Maintenance schedules, new rules, and upcoming events will never miss being read by each member. Here are some of the ways we contribute: Spreading Best Practices Among Management Committees ADDA understands the pivotal role that Management Committees (MCs) play in governing and enhancing the quality of life in gated communities.

Management 130

Management Apartment Finance Government 130

Florida Property Management

MAY 18, 2025

Keeping up with advances in technology The Florida House and Senate passed Florida House Bill 615 (2025) creating Florida Statute 83.505 which allows Landlords and Tenants to send each other notices electronically by email.

Electronics 71

Electronics Lease Agreement Attorney Government 71

HOA Managememt

OCTOBER 28, 2024

However, an HOA’s governing documents may require a reserve study. However, an HOA’s governing documents may require a reserve study. However, an HOA’s governing documents may require a reserve study. However, an HOA’s governing documents may require a reserve study.

Government 162

Government Condominium Maintenance IT 162

Bay Property Management Group

MARCH 2, 2025

That said, if you seek out government-backed loans, like FHA, they often will take borrowers with this range. Government-backed loans may allow DTIs up to 43%, but anything above 50% is considered risky and can limit loan approval chances. This range shows that your financial health is strong. What Counts as Debt (and What Doesnt)?

Real Estate 147

Real Estate Insurance Government Applications 147

Buildium

JANUARY 6, 2025

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events.

Management 243

Management Government Property Management Software Consulting 243

Buildium

JANUARY 27, 2025

New condo regulations: Condo buildings that are at least 30 years old are facing new requirements to undergo inspections and repairs, as well as set aside funds for future maintenance. This dynamic city offers a unique blend of government, education, and healthcare sectors, which contribute to its strong economy and stable job market.

Property Manager 130

Property Manager Property Management Real Estate Management 130

MRI Software

MAY 27, 2025

Leasing chatbots, predictive AI lead scoring, preventative maintenance, document extractionthese solutions make us more productive, improve customer experiences, and drive down expenses. Unlike traditional counterfeit IDs, AI-generated IDs are image files that replicate the look of legitimate government-issued IDs.

Property 107

Property Government License Property Manager 107

Condo Control

MAY 28, 2025

If you’re interested in a resale unit, tour the property, understand what is included in the purchase price, and review the condo corporation’s governing documents before you buy. Keep in mind that older buildings will generally require more maintenance work than new builds.

Condominium 130

Condominium Litigation Government Real Estate 130

Mem Property Management

MARCH 7, 2025

The higher property values and increased maintenance and project costs make repairs and replacements more costly, and in turn, the reserves could be inadvertently underfunded. It depends on state law and your specific HOAs governing documents. Instead of raising assessments, some HOAs may opt for deferring maintenance.

Government 52

Government Maintenance Insurance Utilities 52

HOA Managememt

SEPTEMBER 12, 2024

This certification confirms that they have read the association’s governing documents, will uphold them, and will faithfully carry out their duties. These records must be kept for at least seven years unless the governing documents require a longer period. However, removal costs for maintenance should not fall on unit owners.

Condominium 219

Condominium Education Electronics Government 219

Bay Property Management Group

NOVEMBER 18, 2024

These HOAs are run by a board of directors and usually collect monthly or annual fees as a means to cover the costs of common areas, amenities, and general maintenance of the community. A property owners association or POA is the word used for an organization that manages and governs a community or residential area. What is a COA?

Government 130

Government Regulation Single-Family Home Property Manager 130

Bay Property Management Group

DECEMBER 11, 2024

Juggling tenant relations, maintenance, and financial obligations can quickly become overwhelming as responsibilities pile up. Managing Government Regulations New and evolving government housing regulations continue to shape the rental market. Managing multi-family rentals is a huge task.

Management 130

Management Regulation Property Manager Property Management 130

Condo Control

DECEMBER 6, 2024

Governed communities are getting harder to avoid. Considering more Americans will be living in governed communities, we thought it would be interesting to see what trends have shaped these communities over the past 6 years. Thats likely because owners can sell their homes for more when they belong to a governed community.

Condominium 130

Condominium Government Management Maintenance 130

HOA Managememt

AUGUST 8, 2024

Specific duties can vary depending on state laws and the governing documents. These board members are community volunteers, meaning they serve their HOA without compensation. The HOA board is responsible for running the entire community. Without an HOA board, these tasks would fall by the wayside. What Happens to an HOA With No Board?

Education 246

Education Government Management IT 246

Bay Property Management Group

NOVEMBER 27, 2024

Awareness of these bylaws and governing documents helps provide solid references when dealing with potential legal issues. For example, if the HOA board chooses not to document its decision to add a new rule, residents could challenge this, especially if it doesn’t follow the established governing documents.

Government 130

Government Attorney Property Manager Property Management 130

Mem Property Management

FEBRUARY 6, 2025

At the same time, community association boards have an important responsibility tocollect assessments, which fund essential services such as trash pickup, stormwater management, street and sidewalk maintenance and lighting, and recreational facilities.

Attorney 69

Attorney Government Maintenance Management 69

American Apartment Owners Association

DECEMBER 16, 2024

Maintenance and repairs Landlords are responsible for maintaining the rental property in good condition, ensuring that necessary repairs are made promptly. Essential laws governing landlord entry rights Landlord entry rights are regulated by specific laws to ensure that tenants privacy and enjoyment of the property are protected.

Landlord 246

Landlord Lease Agreement Tenant Rental Property 246

HOA Managememt

SEPTEMBER 30, 2024

The HOA is responsible for common area maintenance and upkeep, including the cost of future repairs and replacements. The desirability of an HOA community is influenced mainly by proper common area maintenance and upkeep. Here are the potential consequences of an HOA reserve deficit.

Finance 246

Finance Government Maintenance IT 246

American Apartment Owners Association

NOVEMBER 27, 2024

The lawsuit alleges the tenant protection laws have forced the building to accept tenants who caused safety issues, added new maintenance and security costs, increased tenant and staff turnover, limited evictions and discouraged rent increases that might help cover the increased costs.

Landlord 130

Landlord Tenant Government Regulation 130

Esquire Property Management Group

FEBRUARY 10, 2025

Regular and fluid communication and tenant engagement events On-demand maintenance and responsive property management 24/7 responsiveness Incentives for early renewals or tenant referrals e.g., rewards and bonuses Allow and encourage tenant feedback. Identify and reduce unnecessary costs to improve the property’s financial performance.

Commercial Property 64

Commercial Property Lease Property Government 64

Condo Control

JANUARY 10, 2025

Some HOAs hand off those types of maintenance responsibilities to owners, but thats not always the case. Evidence will usually consist of governing documents, correspondence and communication between the parties, transaction history of the litigant, if applicable, and any other relevant documents that would support the HOAs case.

Litigation 130

Litigation Government Attorney Insurance 130

ADDA

APRIL 14, 2025

ADDA.io, is excited to be part of IIM Bangalore’s Real Estate Research Initiative (RERI) and BAF (Bangalore Apartment Federation)s pioneering initiative – Apartment Governance Essentials (AGE) Certification Program for Management Committees of Residential Communities. crores (For a community with 1,000+ homes).

Compliance 130

Compliance Government Apartment Finance 130

MRI Software

MARCH 27, 2025

Data Governance and IT Scenario: A Real Estate Data Analyst struggles with inconsistent data while adopting AI for portfolio analysis. Partnering with the IT Director, they develop a data governance strategy to standardize and secure lease and financial data. Impact: Data governance is the foundation of AI and automation.

Real Estate 52

Real Estate Government Lease Compliance 52

ADDA

NOVEMBER 2, 2024

A housing society is essentially a legal entity formed to govern and manage the affairs of a group of individuals who reside in a shared residential area, like an apartment complex or a gated community. Additionally, you need to prepare a set of rules and regulations that govern the operation of the society.

Applications 130

Applications Applicants Regulation Finance 130

HOA Managememt

FEBRUARY 12, 2025

The HOAs responsibility to provide its homeowners with transparency is always indicated in an HOAs governing documents, such as the bylaws and CC&Rs. They are generally mentioned in your HOAs governing documents. They usually include contract information, maintenance and repairs, and community expenses.

Government 130

Government Consulting Management IT 130

ADDA

APRIL 17, 2025

a seasoned Residential Welfare Association (RWA) Consultant with over a decade of experience, led an insightful session on the intricacies of financial governance for RWAs. The 3 Pillars of Financial Governance A housing societys financial governance stands on: A well-planned annual budget (April to March). Sunil A. ,

Compliance 130

Compliance Government Consulting Finance 130

Buildium

OCTOBER 21, 2024

The funds cover everyday maintenance as well as future projects and improvements, ensuring the community stays well-maintained and prepared for any upcoming needs. Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits.

Finance 245

Finance Management Attorney Consulting 245

Buildium

NOVEMBER 5, 2024

You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business. If the rental property owner is established as a corporation, you do not need to file a 1099-MISC form for payments made to that company. Again, this exemption does not apply to LLCs.

Property Manager 227

Property Manager Property Management Management Property 227

Condo Control

NOVEMBER 11, 2024

According to SB 4-D , in addition to annual operating expenses, the budget must include reserve accounts for capital expenditures and deferred maintenance. Section 81-315 states that minimum contributions to reserves vary based on the Reserve Study or a statutory formula based on number of common area components. This rule is very important.

Condominium 130

Condominium Maintenance Government Management 130

Condo Control

NOVEMBER 7, 2024

Repairs and maintenance on behalf of the owner A corporation can complete repairs or maintenance on behalf of an owner and charge them back for this. If governing documents do not specify a time limit, give the owner a reasonable amount of time to resolve the issue.

Condominium 130

Condominium Government Insurance Landlord 130

ADDA

JANUARY 5, 2025

Proactive fire safety measures not only safeguard lives but also ensure compliance with government regulations and improve resident confidence in the management committee 2. Regular servicing and maintenance of these systems are crucial to ensure functionality. Essential Fire Safety Rules for Housing Societies a.

Compliance 130

Compliance Regulation Government Maintenance 130

ADDA

DECEMBER 15, 2024

Proactive fire safety measures not only safeguard lives but also ensure compliance with government regulations and improve resident confidence in the management committee 2. Regular servicing and maintenance of these systems are crucial to ensure functionality. Essential Fire Safety Rules for Housing Societies a.

Compliance 130

Compliance Regulation Government Maintenance 130

Condo Control

APRIL 14, 2025

After checking state laws and governing documents to see what, if anything, is required to engage in the ADR process, parties will want to find a mediator or arbitrator. These recommendations can help guide community associations interested in creating an ADR policy, but each one will be unique in some way.

Litigation 130

Litigation Government Attorney IT 130

Real Property Management Chicago

JUNE 2, 2015

Also, you can count on your property manager’s years of experience and undivided attention to the ever-changing local laws governing rentals to make sure that your property is being properly maintained and rented to the right tenants without incident.

Professional Property Management 130

Professional Property Management Property Manager Property Management Management 130

Buildium

NOVEMBER 25, 2024

state and local governments are loosening restrictions to increase the amount of housing that’s able to be built. Zillow estimates that the real estate market had an estimated deficit of 4.5 million homes as of 2022, despite an influx of 1.4 million new housing units that same year.

Property Manager 240

Property Manager Property Management Management Property 240

Bay Property Management Group

MARCH 17, 2025

Here’s an overview: Lease Renewal Offers According to the Baltimore City Government , landlords are generally required to give tenants a fair chance to renew their lease, as long as certain conditions are met: Notice Period : Landlords must offer a lease renewal at least 75 days but no more than 100 days before the current lease term ends.

Lease Agreement 130

Lease Agreement Lease Tenant Landlord 130