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  2. ‘They can’t keep up with the payments’: Exorbitant HOA fees ...

    www.aol.com/finance/t-keep-payments-exorbitant...

    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 ...

  3. South Florida condo owners are dumping their homes after ...

    www.aol.com/finance/south-florida-condo-owners...

    One real estate expert says ... the pair got hit with a six-figure special assessment — a charge that condo owners and homeowners in HOA communities must pay to ... Following the 2021 Surfside ...

  4. A reckoning is coming for Florida's condo owners as buildings ...

    www.aol.com/news/reckoning-coming-floridas-condo...

    Owners at the Surfside condos in Daytona Beach, where a two-bedroom unit is currently listed for $415,000, have paid between $50,000 and $60,000 in assessments to have their building’s concrete ...

  5. Maryland House Bill 107 - Wikipedia

    en.wikipedia.org/wiki/Maryland_House_Bill_107

    Maryland House Bill 107, also known as HB107, is a Maryland state law passed in 2022 that mandates that condominiums, housing associations, cooperatives, and homeowner associations complete a reserve study by October 1, 2023. [1]

  6. Surfside condominium collapse - Wikipedia

    en.wikipedia.org/wiki/Surfside_condominium_collapse

    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 ...

  7. Homeowner association - Wikipedia

    en.wikipedia.org/wiki/Homeowner_association

    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.

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  9. From stock market news to jobs and real estate, it can all be found here. ... After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami in 2021, state lawmakers ...

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