Many aspiring homeowners in Florida get confused with acronyms like HOA, POA, and COA. However, knowing what they are is critical, especially when buying a home, because you don't want to get into a deal that you don't fully understand. Homeowner's association (HOA) A...
Facts about condominium fees in Florida
If you're considering purchasing a condo, it's important to understand the fees that come with homeownership. Condominium fees often vary drastically from building to building, and understanding what they cover and how they're calculated can help you make an informed...
The main differences between homes and condos
When you are looking to purchase a property in Florida, one of the biggest decisions you may have to make is whether to buy a condo or a house. While both may seem like great options, there are some key differences between the two that you should understand before...
Some HOAs have issued speeding tickets in Florida
If you live in a community with a homeowners association, or HOA, there are certain rules that you must adhere to. One rule may include driving under the speed limits set by the board of directors of that community. Many homeowners wonder if HOAs can issue them with...
What your homeowner’s association can’t do
As someone working for a homeowner's association in Florida, you certainly don't want to violate the law. Unfortunately, this happens when a homeowner's association accidentally oversteps its boundaries. To make sure this doesn't happen to you, here are a few things...
Paying for damage caused by guests
Planned communities are extremely popular in Florida, which means many of the Sunshine State's residents must abide by the covenants, conditions and restrictions of a homeowners association. These rules are designed to protect property values and maintain certain...
4 options for handling tenants who repeatedly ignore HOA rules
If you are a homeowner’s association board member, you know how important the various rules and covenants are to preserving the quality of life and home values in your community. But what if a community member consistently ignores or purposely violates HOA...
3 reasons to invest in an office condominium
Are you a professional such as an accountant, lawyer or architect running your business out of a leased office space? Are you tired of throwing your money away by renting? Consider owning an office condominium. Condominiums are often in more desirable locations than...
How can a homeowners association control your solar equipment?
In Florida, you have the right to use energy devices that rely on renewable resources, such as solar collectors and clotheslines. The FSEC Energy Research Center explains that Florida law prohibits HOAs from denying homeowners the right to install solar equipment. ...
How do you deal with missed assessment payments?
Your association needs predictable cash flow in order to pay bills and maintain reserves. When owners do not pay their assessments, it throws a wrench in the whole system. There is a relatively standard order you can follow to convince owners to pay or to secure your...