News & Events
Real Estate Law, Miami, Fort Lauderdale
Planning for Improvements: What Should Your Reserves Fund Cover
From a personal finance perspective, you know the importance of saving for a rainy day in case your car needs a new transmission or your air conditioning unit suddenly goes out. Because we know these things may happen at some point in the lifetime of the item, we plan...
Why You Need a Reserve Fund for Your Condo Association
Condo associations, no matter how big or small, will come up against some major expenses at various points in their operation. The key to being prepared to handle these hurdles with ease is by fully funding your reserve. What is a reserve fund? Reserves are monies set...
Protecting Your Association in the Aftermath of a Storm
Storms can come and go relatively quickly, but the damage they leave can take months and years to clean up depending on the severity of the storm. If your condo association is hit by a tropical storm or hurricane, there are certain steps you can and should take to...
A Hurricane Action Plan for Condo Associations
In Florida, we’re never really out of the woods when it comes to hurricane planning and storm preparation. For condo associations in particular, hurricane preparation is a shared responsibility between individual unit owners and the association at large. If you’re a...
5 Things to Note When Planning Your Annual Budget for Condo Associations
Annual budget planning is among the board of director’s biggest responsibilities. Poor fiscal management could be devastating for an association. Conversely, healthy planning and making smart budgetary goals are keys to helping your association thrive in good times...
What are the Insurance Requirements of a Condo Association?
In Florida, condo associations are required by law to carry insurance policies to protect their property, common areas, liability, and more. While associations may choose their own insurance policies, there are certain requirements that must be met in order to abide...
What are the Rights of the Condo Association?
If you’re new to a condo association, it can take some adjusting to understand the differences between owning a single-family home versus a unit in a condominium complex. As a member of a condo association, you’re relinquishing some of the daily responsibilities that...
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