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2. Property condition assessment - Wikipedia

   en.wikipedia.org/wiki/Property_condition_assessment

   Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.

3. ‘It’s excessive’: Miami condo owners slapped with shocking ...

   www.aol.com/finance/excessive-miami-condo-owners...

   A special assessment fee is paid by condo owners on top of their usual monthly maintenance fees. According to the report, the condo board approved the special assessment fee based on findings from ...

4. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   For example, contrary to popular belief, "MAI" does not stand for "Member, Appraisal Institute". According to the institute, the letters "do not represent specific words", and an MAI may not use the words "Member, Appraisal Institute" in lieu of the MAI mark. The primary motive for this rule is to prevent trademark dilution. These designations ...

5. 'I needed to return to work': Florida condo owners face ... - AOL

   www.aol.com/finance/needed-return-florida-condo...

   Per the new Florida law, all three-story-plus condo buildings and at least 30 years old must undergo a mandatory engineering assessment before Dec. 31, 2024. Condo associations must also shore up ...

6. Homeowner association - Wikipedia

   en.wikipedia.org/wiki/Homeowner_association

   Special assessments often require a homeowner-vote if the amount exceeds a prescribed limit established in the association's by-laws. In California, for example, a special assessment can be imposed by a board, without a membership vote, only when the total assessment is five percent or less of the association's annual budget. Therefore, in the ...

7. South Florida condo owners are dumping their homes after ...

   www.aol.com/finance/south-florida-condo-owners...

   The Cricket Club’s condo board recently proposed a nearly $30 million special assessment for repairs, like roof replacement and facade waterproofing — coming to more than $134,000 per unit owner.

8. Payment in lieu of taxes - Wikipedia

   en.wikipedia.org/wiki/Payment_in_lieu_of_taxes

   The size of such payments can be controversial, especially where the organization appears to have federal income from taxable activities. For example, the tax-exempt Appalachian Mountain Club operates a modern hotel for its members in Carroll, New Hampshire, paying a negotiated PILOT amount to the town. A competing commercial hotel would also ...

9. 'This problem is not going away': An entire Florida ... - AOL

   www.aol.com/finance/problem-not-going-away...

   In the meantime, the community’s townhouse owners hope that postponing the vote may give them more time to gain some insight into why the special assessment fee is so high.