FAQ – Reserves

Condominium Reserves FAQ (2025 v4.1 Edition) A Complete Guide for Florida Condominium Boards, Owners, and Prospective Buyers Important Note: Florida law sets minimum reserve requirements, but each association’s governing documents — Covenants, Conditions, and Restrictions (CC&Rs) — may impose additional or different obligations. Always consult your CC&Rs and qualified legal counsel for guidance specific toContinue reading “FAQ – Reserves”

Condominium Assessments Explained: Understanding COA Fees, HOA Dues, and Special Charges

What Every Owner Should Know Owning in a condominium community comes with many benefits – shared amenities, managed maintenance, and a sense of community. But it also comes with shared costs. These are known as assessments or dues, and understanding them is critical for both owners and boards. What Is a Condominium Association (COA)? AContinue reading “Condominium Assessments Explained: Understanding COA Fees, HOA Dues, and Special Charges”