News

Tariffs Freeze Co-op and Condo Buyers as Rents Spike (NY)

Condo & HOA News - Tue, 04/15/2025 - 07:48

Buyers of New York City co-ops and condos are frozen on the sidelines, waiting to assess the economic fallout of President Trump’s ever-evolving tariffs on imported goods. Meanwhile, with mortgage rates likely to rise, city rents remain at record high levels. For buyers and renters alike, it’s a lose-lose scenario.   Read the article…………………………….

The post Tariffs Freeze Co-op and Condo Buyers as Rents Spike (NY) first appeared on Community Associations Network.

Categories: HOA News

East Orange residents left without power for 10 days after car crashes into complex’s electrical box (NJ)

Condo & HOA News - Tue, 04/15/2025 - 07:46

Residents at an East Orange condo complex say they’ve been without power and heat for ten days after a car crashed into the condominium complex’s electrical box.     Read the article…………………………….

The post East Orange residents left without power for 10 days after car crashes into complex’s electrical box (NJ) first appeared on Community Associations Network.

Categories: HOA News

Florida’s condo crisis: Five things to know ahead of Wednesday’s important Post town hall

Condo & HOA News - Tue, 04/15/2025 - 07:44

The collapse of Champlain Towers South nearly five years ago caused the deaths of 98 people and injured 11 others. The state Legislature responded by adopting a law designed to prevent another such tragedy from ever occurring. But those same laws have created a financial crisis in Florida and Palm Beach County.  Read the article…………………………….

The post Florida’s condo crisis: Five things to know ahead of Wednesday’s important Post town hall first appeared on Community Associations Network.

Categories: HOA News

New wildfire insurance policy rewards forest management, cuts costs for Tahoe Donner (CA)

Condo & HOA News - Tue, 04/15/2025 - 07:15

The Nature Conservancy (TNC) and Willis, a business of WTW (NASDAQ:WTW), have announced a groundbreaking $2.5 million wildfire resilience insurance policy—the first of its kind to factor in wildfire mitigation efforts. Structured by Willis, the policy was developed for the Tahoe Donner Association, a private homeowners association in Truckee, California.    Read the article…………………………….

The post New wildfire insurance policy rewards forest management, cuts costs for Tahoe Donner (CA) first appeared on Community Associations Network.

Categories: HOA News

Miami Gardens homeowners push back against city’s swale maintenance fines (FL)

Condo & HOA News - Tue, 04/15/2025 - 07:13

Some homeowners in Miami Gardens say they are being unfairly fined over dead grass, but not on their own property.  The issue lies on city-owned swales and residents are pushing back, saying aggressive code enforcement is targeting them for conditions they have little control over.   Read the article…………………………….

The post Miami Gardens homeowners push back against city’s swale maintenance fines (FL) first appeared on Community Associations Network.

Categories: HOA News

Local condo owners hit with hefty bills after shortfall with fire insurance (OH)

Condo & HOA News - Tue, 04/15/2025 - 07:12

Residents of the Carrington Crossings condo complex are facing sticker shock in April.  It was the result of a devastating fire that displaced 35 families last June. This means that each owner has a new assessment that could hit $7,000. The blaze, which caused severe damage to one of the buildings, left 25 families still […]

The post Local condo owners hit with hefty bills after shortfall with fire insurance (OH) first appeared on Community Associations Network.

Categories: HOA News

Dockside residents can begin moving items from units over 11-week process (SC)

Condo & HOA News - Mon, 04/14/2025 - 13:11

Residents who were evacuated from the Dockside Condominiums in February will have an opportunity to retrieve their belongings. The City of Charleston and Dockside Association worked together to approve a plan for residents to safely move out if they choose. It comes after the residents were given a 48-hour notice to vacate the building over […]

The post Dockside residents can begin moving items from units over 11-week process (SC) first appeared on Community Associations Network.

Categories: HOA News

Number of Florida Condos on Mortgage Blacklist is Growing

Condo & HOA News - Mon, 04/14/2025 - 13:07

The number of Florida condos on the so-called nationwide “blacklist” maintained by the Federal National Mortgage Association—better known as Fannie Mae—has more than doubled in the past two years, according to recent reports. That means that a growing number of condo owners in the Sunshine State are struggling to sell their units or get loans […]

The post Number of Florida Condos on Mortgage Blacklist is Growing first appeared on Community Associations Network.

Categories: HOA News

Condo Maintenance Responsibilities Disputed (FL)

Condo & HOA News - Mon, 04/14/2025 - 08:44

Q: As a unit owner, I have come across a provision in our condominium documents that is unclear about maintenance responsibilities. This ambiguity has sparked different interpretations, resulting in disagreements. What is the best way to clarify this provision and resolve the disagreements that stem from it within our community? We would rather hash things […]

The post Condo Maintenance Responsibilities Disputed (FL) first appeared on Community Associations Network.

Categories: HOA News

‘Yard Nazis’: Cobb Resident Faces $35,000 in HOA Lawsuit (GA)

Condo & HOA News - Mon, 04/14/2025 - 08:31

It all started with a wall in need of scrubbing, a ladder leaning against the wall and a bucket of water left outside in 2022. Now, Kennesaw resident George Watson is going to court with his homeowners association, facing almost $35,000 in legal fees and HOA fines. Last month, Watson said his counsel from John […]

The post ‘Yard Nazis’: Cobb Resident Faces $35,000 in HOA Lawsuit (GA) first appeared on Community Associations Network.

Categories: HOA News

Community switching from tile roof to metal, but some homeowners are dragging their feet (FL)

Condo & HOA News - Sun, 04/13/2025 - 06:35

Question: My community recently approved roof replacements from the existing cement tile to metal. In a year’s time, half of the 28 towns homes replaced their roofs, but the others are still waiting. I guess they are waiting for leaks or money to do the job. Note that all the roofs here are over 20 […]

The post Community switching from tile roof to metal, but some homeowners are dragging their feet (FL) first appeared on Community Associations Network.

Categories: HOA News

DeSantis rips into condo bill sponsored by Miami Rep. Lopez (FL)

Condo & HOA News - Sun, 04/13/2025 - 06:32

Gov. Ron DeSantis held a press conference Thursday during which he continued ripping into the Florida House, focusing on a proposal addressing rising condominium association fees. The governor took the Senate’s side on dueling proposals that committees in neither chamber have heard in weeks, saying Miami Republican Rep. Vicki Lopez’s condo bill, HB 913, puts […]

The post DeSantis rips into condo bill sponsored by Miami Rep. Lopez (FL) first appeared on Community Associations Network.

Categories: HOA News

Firefighters rescue woman from condo fire in Kennebunk (ME)

Condo & HOA News - Sun, 04/13/2025 - 06:25

Kennebunk Fire Rescue says a condo fire on Wonderbrook Drive in Kennebunk trapped a person on the second floor. Authorities say a neighbor called 911 after seeing the fire and trying to enter the building before the smoke pushed them back.   Read the article…………………………….

The post Firefighters rescue woman from condo fire in Kennebunk (ME) first appeared on Community Associations Network.

Categories: HOA News

Heron Cove responds to state Supreme Court ruling that paves way for dam work to begin (MI)

Condo & HOA News - Sat, 04/12/2025 - 14:27

And just like that, the restoration project of four dams in mid-Michigan appears to be back on. The State Supreme Court has denied an application to appeal by a group of property owners, challenging a Special Assessment District. There is excitement on one side, disappointment on the other.     Read the article…………………………….

The post Heron Cove responds to state Supreme Court ruling that paves way for dam work to begin (MI) first appeared on Community Associations Network.

Categories: HOA News

Lack Of Support For Lake Lawsuit Highlights A Need (NY)

Condo & HOA News - Sat, 04/12/2025 - 14:26

The Chautauqua Lake Property Owners Association is having a hard time finding local government backing for a lawsuit it plans to file challenging the state’s Freshwater Wetlands Act.  Read the article…………………………….

The post Lack Of Support For Lake Lawsuit Highlights A Need (NY) first appeared on Community Associations Network.

Categories: HOA News

‘Perfect storm.’ Hundreds of Florida condos now on secret mortgage blacklist

Condo & HOA News - Sat, 04/12/2025 - 08:26

A secretive quasi-governmental condo blacklist is growing exponentially, making it difficult for owners in scores of troubled buildings in Miami and South Florida to sell or get loans for repairs even as their associations face a fiscal and time crunch to meet stringent new state safety regulations.    Read the article…………………………….

The post ‘Perfect storm.’ Hundreds of Florida condos now on secret mortgage blacklist first appeared on Community Associations Network.

Categories: HOA News

HOA Q&A: Can the board president use HOA money to make political contributions? (FL)

Condo & HOA News - Sat, 04/12/2025 - 07:52

Q: Is it legal for a board President to use HOA funds to make political contributions?  A:  NO. First and foremost, assessments collected from the members of the association may only be expended on common expenses of the association.     Read the Q&A………………………………..

The post HOA Q&A: Can the board president use HOA money to make political contributions? (FL) first appeared on Community Associations Network.

Categories: HOA News

More condos in US are selling below list price

Condo & HOA News - Sat, 04/12/2025 - 07:49

Approximately 68.4% of condos were sold in February, the highest rate in five years, for less than their initial asking prices, representing a slight increase from 63.3% of these properties sold in 2024.  According to Redfin, the number of condos that sold for less than their list price in February was only 3.5 percentage points […]

The post More condos in US are selling below list price first appeared on Community Associations Network.

Categories: HOA News

City Writes 2,000 Tickets as Mandatory Organics Recycling Debuts (NY)

Condo & HOA News - Sat, 04/12/2025 - 07:44

The brown bin has New Yorkers paying green and seeing red. Since mandatory recycling of organic waste went into effect citywide on April 1, the Department of Sanitation (DSNY) has issued nearly 2,000 tickets to building owners, including co-op and condo boards, who have failed to comply with the new law, Gothamist reports.    Read the […]

The post City Writes 2,000 Tickets as Mandatory Organics Recycling Debuts (NY) first appeared on Community Associations Network.

Categories: HOA News

Fears in Florida Grow Over Condo Crisis as Time Running Out: ‘I’m Scared’

Condo & HOA News - Fri, 04/11/2025 - 15:00

lorida condominium owners are increasingly worried about being forced out of their properties by rising fees stemming from a new building safety regulation introduced in the aftermath of the Surfside collapse.  “I’m scared,” Georgie Pratt, the owner of a one-bedroom condo at Winter Park Woods in northern Orange County, told WESH 2 reporter Justin Schecker.  […]

The post Fears in Florida Grow Over Condo Crisis as Time Running Out: ‘I’m Scared’ first appeared on Community Associations Network.

Categories: HOA News

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