Community Association Headline News

State Regulation of HOA’s Limited (FL)

Mon, 18 Nov 2024 17:10:28 +0000

Q: What is the “DBPR” and does it have authority over homeowners’ associations? (C.S., via e-mail)

A: The Florida Department of Business and Professional Regulation is an executive branch state agency in Florida. Its secretary is appointed by the Governor. Read the Q&A………………………………..

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Why an extension of the condo reserve funding deadline isn’t likely (FL)

Sun, 17 Nov 2024 15:33:07 +0000

District 37 runs from Sunny Isles Beach up to the Palm Beach County line. It is one of the Florida senate districts with the highest concentration of condo units. “We’re a truck full of condos,” said State Senator Jason Pizzo, a Democrat who represents district 37 in Tallahassee. Pizzo also lives in a condo and says he hears from concerned condo constituents every day. Read the article…………………………….

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Florida condo owners can now get free inspections, grant funding; here’s how

Sat, 16 Nov 2024 14:51:13 +0000

Condo owners in Florida can now get free inspections and grant funding through a new pilot program aimed at helping them strengthen their properties against hurricanes. Chief Financial Officer Jimmy Patronis and the Florida Department of Financial Services announced the launch of the “My Safe Florida Condo” pilot Thursday. Read the article…………………………….

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Launch of the My Safe Florida Condominium Pilot Program

Thu, 14 Nov 2024 18:26:48 +0000

After months of anticipation, the My Safe Florida Condominium Pilot Program (the “Program”) is set to launch tomorrow, November 14, 2024. The Program aims to assist eligible condominium associations by offering free mitigation inspections to best determine how to harden the condominium property from storm damage, as well as mitigation grant funds that can be used for those projects. Read the article…………………………….

My Safe Florida Pilot Program web site

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As deadline looms, majority of Volusia condos haven’t submitted ‘milestone’ inspection (FL)

Thu, 14 Nov 2024 15:06:26 +0000

With a deadline of Dec. 31 just around the corner, over 150 condo associations along Volusia County’s coast still have not turned in their “milestone” inspection reports. The state-wide deadline is for many of Florida’s condo buildings to get their mandatory engineering assessments done, which became law after the Surfside condo collapse in 2021. News 6 reached out to the cities along Volusia’s coast and the county to ask about the condos in unincorporated areas beachside. The data received showed out of the roughly 230 condo properties that need the inspections in these areas, only about 65 have submitted their reports so far. Read the article…………………………….

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Will struggling condo associations and owners get relief from Florida lawmakers?

Fri, 08 Nov 2024 14:44:52 +0000

After Florida legislative leaders indicated they were not in favor of a special session on condominium reforms but Gov. Ron DeSantis expressed his support for one, many association directors and residents began hoping for some relief from the imminent reserve study/funding deadline. Read the article…………………………….

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Once a retirement haven, Florida’s condo crisis is pricing seniors out

Fri, 08 Nov 2024 13:30:04 +0000

For decades, seniors seeking a slice of the Sunshine State on a budget have flocked to condos like this one. But skyrocketing insurance rates and regulations passed after 2021?s deadly Surfside building collapse that dictate how much condo associations must save and spend on repairs have spiked costs and upended the real estate market. Read the article…………………………….

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Deferred Maintenance Dilemma: Why Florida’s Condo Market Is Floundering

Fri, 08 Nov 2024 13:12:33 +0000

In this episode of Upzoned, co-hosts Abby Newsham and Chuck Marohn explain that this situation is an example of the Growth Ponzi Scheme, where maintenance costs are hidden by rapid growth until they eventually come due and bury people or communities in debt. They discuss the effect deferred maintenance has on individuals and communities and explore possible paths forward. Listen to the podcast…………………………..

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