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Florida Condo Owners Look at Higher Costs
Florida condo owners look at higher costs as new regulations take effect in the new 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 sufficient reserves to cover major repairs and to conduct a survey of reserves every decade.
Florida Condo Crisis Faces Major Deadline
Condo associations in Florida must submit their spending plans for repair by December 31, according to new regulations.
Florida condo owner fears new regulations won’t protect against another Champlain Towers collapse
Some Florida condo owners fear new regulations designed to protect against a new condo collapse will not go far enough to ensure safety. (AP Video: Daniel Kozin)
Florida condos have a looming deadline for repairs. Here’s what to know about the law
The deadline is coming for condos to file their spending plans for repairs. Florida is requiring all condo associations three stories and higher to file an inspection report that details expected costs to renovate or maintain the buildings.
5h
My Condo Sponsor Owes the Building $30,000. How Do We Make Him Pay?
The office of the New York State attorney general calls the failure of building sponsors to pay dues on unsold units a ...
1d
on MSN
Condo complex goes up in flames on Long Island
Three firefighters were hurt battling a blaze that engulfed a condominium complex on Long Island late Christmas night, ...
4d
on MSN
Condo board backs down after trying to restrict visitors with service dogs
The board of a Toronto-area condo is reversing course on an order that forced a disabled woman with a service dog to register ...
1d
Final condo at Wonder Lofts sells; NJCU names new director of honors program | Business Notes
The transformation of Hoboken’s Wonder Bread factory into a residential building -- Wonder Lofts -- has officially concluded ...
Finance & Commerce
1d
New regulations come with hefty costs for Florida condo owners
MIAMI — Florida condominium owners are looking at higher costs from
condo
associations in the new year, a consequence of a ...
1d
Surf Club developer secures $108 million construction loan for Surfside condo
Fort Partners, the developer of the Four Seasons Residences at the Surf Club, obtained a $107.6 million construction loan to ...
4d
on MSN
How condo conversions are gaining traction in South Florida
South Florida could be on the verge of facing many more condo conversions, where rental apartment buildings are turned into ...
5d
Are condo prices and sales going up or down? See changing numbers in Miami and Broward
While single-family home sales grew in Miami-Dade, total condo sales fell by about 16%, to 794. Broward saw home sales fall ...
1d
Sarasota garage condo near completion for car enthusiasts seeking "peace of mind"
A Sarasota car enthusiast aims to open the Car Collective this January for car collectors and enthusiasts looking for secure ...
4h
After 8 months on market and $135,000 price drop, this Toronto condo owner has had zero offers
The Star spoke to Jeff Steinman in the summer on his efforts to sell his one-bedroom unit amid a glut of condos for sale.
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