The Orlando Condo Blog

Question: I need information on HOA policies and procedures with regards to fining. Can you help me? Answer: Generally, the board has the authority to enact reasonable rules and enforcement procedures. They should include:  Clearly definition of the issue (parking, pets, failure to pay HOA fees) Consequences for failing to obey like fines or curtailing [...]

National existing home sales dropped 3% in September according to the National Association of Real­tors.  Conversely, housing starts jumped up 15% and beat estimates in the same month.  Yet another grab-bag of mixed indicators.  To strike a more intimate nerve with us Central Floridians, CoreLogic recently released analytics indicating that the total mortgage debt in [...]

Question: We have a president who solicits co-owner involvement when the board is discussing business at a board meeting. Should co-owners be allowed to participate in board discussion as if they were a board member? Should a board meeting be conducted like a town hall meeting where everyone can speak? It is my contention that [...]

Question: We recently got a professional reserve study done. Our budget committee took the information and plugged it into a spreadsheet that will allow us to postpone the need for a professional study revision. The substitute study changes some of the assumptions, like reducing the recommended reserve contribution and the inflation rate. By doing this, [...]

The purpose of a Maintenance Plan is to instruct a homeowner association board and property manager how to properly maintain common element components. Following a well prepared Maintenance Plan will help extend the useful life of the components and reduce costs to the members. An effective preventive maintenance plan should satisfy the following five key [...]