The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...
In 2021, the collapse of the Champlain Towers South condominium in Surfside, Florida, shocked the world. Initially framed as an engineering failure, the tragedy exposed a deeper issue: decades of ...
MIAMI - Aging South Florida condos face critical issues, including maintenance backlogs, insufficiencies in reserves and potential financial burdens on owners due to special assessments. Some buyers ...
At the intersection of Fannie Mae and Freddie Mac lending standards and California’s balcony law is a big question: How high will condominium HOA fees and special assessments go? First, let’s explore ...
Florida condominium residents grappling with the steep cost of building improvements will get some financial relief under a new bill signed into law by Republican Gov. Ron DeSantis on Monday.The new ...
In the wake of the 2021 Surfside Condominium collapse, Florida lawmakers enacted sweeping reforms to enhance safety, transparency, and accountability within condominiums and cooperatives. Most ...