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Tag: National Condo & HOA News

Condo questions: How can our condominium association can raise capital for future projects? (FL)

Q: Our condominium association is looking for new ways to raise capital for future projects. Our master association charges a resale transfer fee of $1,000 per sale and we would like to implement a $500 per sale transfer fee on top. How can we accomplish this?   Read the Q&A……………………………………. https://communityassociations.net/category/fl_news/feed/

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Winds of change coming for condo group as Gomez aims to be community ‘convener’ (FL)

Armed with a promise to “look inward” and a priority list that prioritizes quality of life and condominium property values, Fausto Gomez is off and running as the new president of the Key Biscayne Condo President’s Council, an organization which has 34 of the island’s condo communities as members.    Read the entire article………………………………. https://communityassociations.net/category/fl_news/feed/

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‘Massacre at Tivoli Lakes’: Mahogany trees taken out at retirement community (FL)

Tivoli Lakes has begun removing 277 mahogany trees, much to the chagrin of some residents at the west of Boynton Beach retirement community.  “You could say we are in mourning,” said Ben Kass of Noceto Way. “These trees were so beautiful. We call it ‘the chainsaw massacre at Tivoli Lakes.’”  Read the entire article………………………………. https://communityassociations.net/category/fl_news/feed/

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No election without annual meeting in homeowner’s association (FL)

Q:  Our annual membership meeting was held in February. All five board members were in attendance, with two on Zoom and the others at the clubhouse. The president opened the meeting and approved minutes from the January 2021 meeting. He then informed us that there was not a quorum of owners in attendance or by proxy to vote on proposed changes to the association’s declaration of covenants, so no action could be taken. The board advised they would revisit these changes later on.    Read the Q&A………………………………… ht...

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Condo questions: How to stop repeat parking offender? (FL)

Q: One of our owners continues to park his vehicle in the valet parking spaces and our rules strictly prohibit owners from using these parking spaces. When we send him a letter, he moves the car, but it always seems like the car is back in the valet parking spaces a few days later. What can we do to stop this repeat behavior?     Read the Q&A…………………………………. https://communityassociations.net/category/fl_news/feed/

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Condominium not obligated to mail quarterly newsletter to owners (FL)

Q:  Our condominium is planning to create a quarterly newsletter. We plan to send the newsletter out via email to the owners. We have about 100 owners that do not have email addresses.  Can we legally send out the emails when everyone is not on email?    Read the Q&A………………………….. https://communityassociations.net/category/fl_news/feed/

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Rates posted assumes 25% down payment, and an ARM rate first mortgage on a Florida condotel, primary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
 
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