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Not surprisingly, condo listings are up across the state of Florida. According to Florida Realtors , as of November 2024, new listings of condos and townhouses rose by 5.5% year-over-year.
Florida condominium owners are looking at higher costs from condo associations in the new year, a consequence of a safety law passed by state lawmakers in 2022. It requires associations to have ...
The deadline for associations to receive their completed structural reserve studies is Dec. 31. Across the state, condo owners and their associations are going to soon be waking up to the reality ...
Florida’s condominium termination statute is one of the most controversial aspects of the state’s condo laws. The current statute, which has seen several significant changes over the years ...
Republican state Rep. Vicki Lopez of Miami sponsored Florida’s new condo laws. There are 667 condominiums in her district, which covers part of Little Havana, home to many seniors.
The issue of who controls common spaces — the condo units owners and their associations or the developer — has been at the center of several South Florida lawsuits, with courts recently ...
State law now bans condo associations from waiving financial reserves for building maintenance, a common practice among associations. ... But with more than 1.5 million condo units in Florida ...
As a result, Florida's legislature passed a law in 2021 requiring HOAs to increase their reserve funds and institute a more frequent inspection regime at all Florida condominiums.
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