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Use of Assessment Money Regulated by Statute

Florida Condo & HOA Law Blog

Q: My condominium association board recently adopted and collected a special assessment to fund a construction project at the building. However, due to a change in circumstances, the board of directors has now decided to not proceed with the project. The board would like to keep the money to offset future expenses.

Florida 77
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Lender Questionnaires and Management Contracts

Virginia Condo & HOA Law Blog

These two government sponsored enterprises began developing additional guidelines for project standards after the Champlain Towers South condominium collapse in Florida in June 2021. If the association does not provide this information in sufficient detail, the project may be deemed ineligible and put on an ineligible list.

Florida 105
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Florida Partners With Google Maps to Document Miles of Beaches

Associations Now

Capitalize on new technology like Visit Florida and its partner Google Maps, which captured more than 7.5 Four months, 2 million footsteps, and 825 miles later, a team from Florida’s tourism marketing corporation—Visit Florida— recently completed a joint project with Google Maps to document the states’ beaches.

Florida 40
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Getting involved: 4 strategies to boost volunteer engagement

Ungrated

The seasonal nature of communities in warm weather states like Florida narrows the window to recruit volunteers, but robust volunteer programs are still possible. They can still play an important role in one-time initiatives such as setting up holiday light displays, community cleanup projects, or counting ballots during annual elections. ?

Miami 84
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Bar Association Providing Support for Maui Wildfire Victims

Associations Now

We really act as project managers, working face-to-face with the local organizations that are doing boots-on-the-ground work,” Brown said. ABA has a memorandum of understanding with FEMA that permits the association to provide legal support. “We Much of the time between the declaration of a federal emergency on Aug.

Hawaii 105
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Condo questions: Can a condo board use excess funds after a project? (FL)

Community Associations Network

The project is now finished, and the board recently posted a notice of an upcoming board meeting where they intend to vote on whether to use the excess funds leftover Read the Q&A……………………………………

Project 40
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Lending updates: Federally backed mortgage rules tighten for condos in vacation areas

Ungrated

The revamped rules are meant to clarify longstanding policies around the eligibility of entire condominium projects and not individual units. Previous Fannie Mae project approvals were awarded to the association,” she explains.