Month: July 2023

Let’s start with what some of you already know……..foreclosures are on the rise. Incredibly, this is happening before huge special assessments are kicking in for many of you and before mandatory reserves go into effect. If foreclosures are already on the rise, what’s going to happen when special assessments and reserves take hold of most…

I get so many calls and e-mails each week about whether the condominium or the unit owner is responsible to fix something that’s broken. Florida Statute 718.113 was recently amended and here’s what it says: (1) Maintenance of the common elements is the responsibility of the association, except for any maintenance responsibility for limited common…

While condo owners are now dealing with mandatory inspections, mandatory repairs and mandatory reserve accounts, both condo and HOA owners are facing the joint monumental problem of staggering increases in property insurance and the lack of choice among insurance companies. Our sponsor Greg Waltz sent me an article recently that is simply mind blowing and…

Florida Statute 720.31 states the following: An association may enter into agreements to acquire leaseholds, memberships, and other possessory or use interests in lands or facilities, including, but not limited to, country clubs, golf courses, marinas, submerged land, parking areas, conservation areas, and other recreational facilities. An association may enter into such agreements regardless of…

I thought long and hard before writing this blog. I don’t want any of my readers or fans of the radio show or attendees of my seminars to take what I’m about to say as being either mean or personal because it certainly is not meant to be. So here goes…………… SOMETIMES YOUR QUESTIONS AGGRAVATE…