Condos must keep reserves for 'deferred maintenance.' But the legal definition in Florida statutes is broader than its common ...
A condo deconversion can promise relief from mounting assessments, insurance premiums and deferred maintenance. But as the ...
On March 18, Fannie Mae (FNMA) changed its mortgage lending guidelines concerning reserve funding levels for condominium associations. These revisions will significantly impact condominium boards’ ...
In 2021, the collapse of the Champlain Towers South condominium in Surfside, Florida, shocked the world. Initially framed as an engineering failure, the tragedy exposed a deeper issue: decades of ...
Fannie Mae’s latest condo policy update is drawing a split reaction across the mortgage industry, with some leaders welcoming ...
Florida condominium residents grappling with the steep cost of building improvements will get some financial relief under a new bill signed into law by Republican Gov. Ron DeSantis on Monday.The new ...
Fannie and Freddie reforms aim to lower condo insurance costs, yet experts warn they could land more buildings on the ...
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