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Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... which was passed in the wake of the Surfside Condo collapse. The 12-story condo fell ...
Exclusive: Miami Herald received data from real estate firm Redfin to determine the average increase in HOA fees in South Florida since 2019. Condo HOA fees jumped 60% in South Florida in past 5 ...
After the Surfside incident, Senate Bill 4-D was rushed into law to require older condo buildings to perform inspections, address critical issues and build up their reserve funds for future repairs.
Surfside condominium collapse. On June 24, 2021, at approximately 1:22 a.m. EDT, [a] Champlain Towers South, a 12-story beachfront condominium in the Miami suburb of Surfside, Florida, United States, partially collapsed, causing the deaths of 98 people. [9] Four people were rescued from the rubble, but one died of injuries shortly after ...
Surfside is a town in Miami-Dade County, Florida, United States. Surfside is a primarily residential beachside community, with several multistory condominium buildings adjacent to Surfside Beach on the Atlantic Ocean. The town is bordered on the south by the North Beach neighborhood of Miami Beach, on the north by Bal Harbour, on the west by ...
Homeowner association. A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community), is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
Ask about flexible payment programs: If your income includes irregular earnings or commissions, you may want to inquire about ways to pay HOA fees outside of a monthly cadence. “Some ...
The HOA governs the CID based upon the incorporated covenants, conditions, and restrictions (CC&Rs) which were recorded when the property was subdivided. [citation needed] The CC&Rs will outline the financial budgeting guideline for the HOA in determining the dollar amount in maintenance fees for assessing the owners. In a wholly owned CID ...