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One real estate expert says ... Following the 2021 Surfside condo collapse — which killed 98 people due to ... It’s important to consider whether your HOA’s reserve fund is equipped to cover ...
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... a snowbird who bought a condo unit at SurfSide Club South in late 2021, told News 6 he ...
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... which was passed in the wake of the Surfside Condo collapse. The 12-story condo fell ...
The project was the first new construction in Surfside following a moratorium on new development imposed by Miami-Dade County due to water and sewer infrastructure problems in Surfside during the 1970s. In 1979, developers paid the city $200,000 (equivalent to $840,000 in 2023) to fund the replacement of the sewer system and secure approval for ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
The HOA governs the CID based upon the incorporated covenants, conditions, and restrictions (CC&Rs) which were recorded when the property was subdivided. [citation needed] The CC&Rs will outline the financial budgeting guideline for the HOA in determining the dollar amount in maintenance fees for assessing the owners. In a wholly owned CID ...
In the aftermath of the tragic 2021 collapse of a building in the town of Surfside, Nicolas says, Miami passed a new requirement that buildings at least 40 years old must be recertified for ...
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