On April 18, 2024, the Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury issued updated guidance addressing the Corporate Transparency Act (CTA).
The CTA directs FinCEN to establish a nationwide database of beneficial ownership of certain corporations and other legal entities including condominium, homeowner (HOA) and townhome community associations. According to FinCen, the term “reporting … Read More ›
Pickleball is sweeping the nation as a popular activity for all ages. It’s one of the fastest growing sports with over 8 million estimated pickleball players in the US.
Before jumping on the bandwagon, consider whether your condominium, homeowner (HOA), or townhome community association has the space, budget, and interest to support a pickleball court.
Below are … Read More ›
Recent Florida legislation (HB 1021) was passed addressing issues including issues impacting condominium associations. Topics include:
Management of official records: The legislation defines condominium association official records, retention guidelines, inspection requirements, and more. It also specifies the duties of community association managers and firms, including the timely return of official records after contract termination and protocols … Read More ›
Recent Florida legislation (HB1029 and SB1366) established the My Safe Florida Condominium Pilot Program designed to enhance the resilience of condominiums against hurricanes.
The program provides licensed inspectors, grants, and guidelines for hurricane mitigation projects funded by $30 million in state funds. The My Safe Florida Condominium Pilot Program became effective on July 1, 2024. As … Read More ›