Florida Condo Owners Look At Higher Costs As New Regulations Take Effect In The New Year

Stephany Matat, David Fischer, Chicago Tribune: Business
Fri, 12/27/2024 - 6:21am

MIAMI — 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. Because of the law, older condos — found largely in South Florida, according to state records — are facing hefty increases to association payments to fund the reserves and repair costs. Gov.

Topics: gov ron desantis june florida s florida office insurance regulation national association realtors in hallandale beach kelli roiter i m rick madan biscayne neighborhoods association that s you re legislature democratic state sen jason pizzo sen jennifer bradley republican december the associated press they re luis konski department business professional regulation it s konski rebeca castellon coral gables gatien salaun miami beach they i miami florida south florida champlain towers south surfside dec florida florida roiter i madan madan pizzo pizzo the they konski konski miami konski real castellon castellon i salaun year condo owners law reserves fees collapse condos property save structural report money buyers older rules future people average transparency safety assessments fund reports payments safe agrees estate reserve agent largely sellers pay owns

Place your ad here
Loading...

BING NEWS:

Condo owners face higher costs as new regulations take effect
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.
12/27/2024 - 3:00 pm | View Link
Florida condo owners face looming deadline for costly structural inspections under new law
A statewide deadline for condo inspections is approaching, and it could mean higher monthly fees for people living there.The condos hav ...
12/27/2024 - 12:24 pm | View Link
Condo owners face higher costs as new Florida regulations take effect in new year
Florida condominium owners are looking at higher costs from condo associations in the new year. That’s a consequence of a Florida condo safety law passed by state lawmakers in 2022.
12/27/2024 - 2:24 am | View Link
Florida condo owners look at higher costs as new safety regulations take effect in the new year
Virginia Beach, Va. USA - November 14, 2013: A studio shot of multiple coupons for a various of different products from American manufacturers to take money off the items being purchased. This proves ...
12/26/2024 - 6:57 pm | View Link
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) ...
12/26/2024 - 4:01 pm | View Link
More

More Movie News

More Business News

NYT Connections hints today: Clues, answers for December 28, 2024
Mashable, Friday - 12/27/2024 - 10:00 PM
Connections is the one of the most popular New York Times word games that's captured the public's attention. The game is all about finding the "common threads between words." And just like Wordle, Connections resets after midnight and each new set of words gets trickier and trickier—so we've served up some hints and tips to get you over the hurdle.
More | Talk | Read It Later | Share
NYT Connections Sports Edition today: Hints and answers for December 28
Mashable, Friday - 12/27/2024 - 10:00 PM
Connections: Sports Edition is a new version of the popular New York Times word game that seeks to test the knowledge of sports fans. Like the original Connections, the game is all about finding the "common threads between words." And just like Wordle, Connections resets after midnight and each new set of words gets trickier and trickier—so we've served up some hints and tips to get you over the hurdle.
More | Talk | Read It Later | Share
NYT Strands hints, answers for December 28
Mashable, Friday - 12/27/2024 - 10:00 PM
If you're reading this, you're looking for a little help playing Strands, the New York Times' elevated word-search game. Strands requires the player to perform a twist on the classic word search. Words can be made from linked letters — up, down, left, right, or diagonal, but words can also change direction, resulting in quirky shapes and patterns.
More | Talk | Read It Later | Share
Wordle today: Answer, hints for December 28
Mashable, Friday - 12/27/2024 - 10:00 PM
Oh hey there! If you're here, it must be time for Wordle. As always, we're serving up our daily hints and tips to help you figure out today's answer. If you just want to be told today's word, you can jump to the bottom of this article for today's Wordle solution revealed.
More | Talk | Read It Later | Share
Janet Yellen expects the US to hit debt limit before the end of January
Business Insider, Friday - 12/27/2024 - 08:23 PM
Treasury Secretary Janet Yellen speaks to reporters during her trip to China. Pedro Pardo/AFP/Getty ImagesTreasury Secretary Janet Yellen wrote a letter to House Speaker Mike Johnson Friday. In it, she warned that the US would breach its debt limit as soon as January 14 unless Congress acted. The Treasury Department will begin taking "extraordinary measures" to avoid defaulting on debt.
More | Talk | Read It Later | Share
Pride Industries loses contract for state prison hospital in Vacaville
BizJournals, Friday - 12/27/2024 - 06:44 PM
Roseville-based Pride Industries has lost another public contract.
More | Talk | Read It Later | Share

Florida Condo Owners Look At Higher Costs As New Regulations Take Effect In The New Year

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News