What options do Florida condo owners have if they can't afford the ...

Start negotiating with the HOA board for a reduced assessment and/or a payment plan. · Hire an attorney to go through the HOA CC&Rs (the ...

What happens when you can't afford increasing homeowner fees?

Live in a home governed by a condominium, co-op or homeowner's association? Have questions about what they can and cannot do?

'Going to have to pay up': Condo consultant discusses ... - YouTube

'Going to have to pay up': Condo consultant discusses options for Florida condo owners facing new safety law Subscribe to WPBF on YouTube ...

[FL] [Condo] Sorry condo owners — it is what it is. : r/HOA - Reddit

Going forward owners would be required to pay the true costs of what it is to live in a condominium each month by putting away money for no ...

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

Older condominium buildings have provided an alternative for those who have been unable to afford a single-family home or are looking for a ...

What steps can condo owners in Florida take to protect themselves ...

Ask for a payment plan that you can afford and are willing to commit to. If the negotiations don't go well, talk with a bankruptcy attorney that ...

As Florida Condo Prices Fall, What's a Condo Seller to Do?

Condo owners need to move quickly if they want to maximize the value they receive for their units. If they wait too long, they'll lose a lot of ...

Special Assessments: Rights and Options for Florida Condo Owners

Condo owners facing financial constraints can explore the option of negotiating a payment plan with the association. Depending on the ...

Florida condo owners face unretiring or selling homes after being hit ...

Many did not have adequate funds in their reserves to pay for the required engineering assessments and potential repairs — and as a result, that ...

Florida condo ownership at risk of collapse. What's the financial ...

A financial cliff may await Florida condo owners at the end of the year, as new regulations may cause association maintenance fees to skyrocket.

Florida Condo Law Bombshell Could Destroy Some Wallets

Under the new law, condos will not be able to have underfunded reserves. To fund a reserve pool of money, 50% or more of the total cost for a ...

After Surfside: New Regulations and Skyrocketing Insurance ...

Before Surfside, condo associations in Florida could elect to waive reserve requirements and defer maintenance, and often did so. Many unit ...

HOA Q&A: Must owners have to pay assessments for those who don't?

A. Yes. The Association is obligated to pay the cost and expenses incurred for Hurricane Ian. If some owners do not pay on time, the cost and ...

Florida Senate Bill 4-D: What Does it Mean for Condo Associations?

If the same association needs reserves for a roof and the foundation, paint, asphalt, and other updates, the reserve funding need can be staggering. To bridge ...

Condo Maintenance: What If Your Association Can't Afford It?

Highlight from Episode 66. Tune in Sundays at 11am on YouTube. Mentioned in the highlight: Florida Statutes 718.113 ...

When a condo association can't afford to pay the bills

Unit owners will not be able to sell their units, or if they can find a buyer, the selling price will be greatly reduced. Lenders will not ...

Florida's condo laws are changing. Here's everything you need to ...

Owners of more than 1.5 million condominium units in Florida are bracing for rules going into effect this year that dictate everything from how a building is ...

3 Ways to Pay for an Association Capital Improvement Project

Option 1: Use your reserve fund. Your community association's reserve fund should be the first place you go to when funding repair and replacement of your ...

What Can I Do If I Can't Pay HOA Assessments?

In other cases, homeowners may be able to challenge certain HOA fees and special assessments in court, perhaps if the HOA is acting outside of ...

New Mandatory Reserve Requirements for Florida Condominiums ...

This means, at the very minimum, condominium associations will have to pay for structural integrity reserve studies, and they will have to begin ...