You think you have animal control problems in your homeowner association? Forget the barking dogs and stray cats! Just look at this notice posted by a Florida HOA: Alligator Safety Tips Don't bother them and usually they won't bother you. Don't swim outside posted swimming areas or in waters that might contain large alligators. Don't swim at night. Don't feed alligators. It causes them to lose their natural fear of humans. Don't throw fish scraps into the water or along the [...]
Can Complaints About Association Operations Become a Defense Against Foreclosure? One of the principles I learned when I first became a member of this Law Firm has now been called into question, at least somewhat, by a new ruling issued by the Fourth District Court of Appeal. I initially learned that the obligation of the association to maintain and care for the property is completely independent of and not contingent upon the obligation on the part of the owners to pay assessments. [...]
What Rules and Regulations are Enforceable? I am often asked by readers whether guest restrictions are enforceable. Residents often want to know whether the Association can require them to notify management when guests arrive or whether it is appropriate to require guests to register with the Association. The answer to these questions is, almost inevitably, “it dependsâ€. Readers are not usually satisfied with this answer and I can certainly understand why. Nonetheless, there are [...]
As most of you will know, small bulk deals have become also impossible to find, so I wanted to get this opportunity out to everyone asap since I'm sure it will be gone within the week. Â I have just gained access to a group of 5 condos that can be purchased in bulk at Palms Villa, a condo conversion community near Hunter's Creek, Orlando (32837). Details *Â 3x 3/2 @1134 SF = $75-85K each, includes renovation; *Â 2x 2/2 @999 SF = $70-80K each, includes renovation; *Â 3 condos are on [...]
Question: Are there state statutes that prohibit the board from using reserves to fund an operating account deficit? Answer: State laws vary on this topic. Most are silent altogether. The governing documents may or may not have something to say about it. But it usually comes down to common sense. If the HOA has a real reserve fund, only reserve related expenses should be paid for from reserves. If the HOA runs an operating budget deficit, the board should raise a special assessment to fund the[...]
We're happy to announce new, enhanced features to our MLS data base search for those of you who are motivated enough and independent enough to search for your own listings. Condo Metropolis uses state-of-the-art technology to provide you with everything you need to find the real estate investment you're looking for, including Orlando condo foreclosures and short sales. For more information on Orlando condo purchases, or to list your condo for sale, call us on: 407-290-3408 or email [...]
Orlando is the No. 1 most popular summer travel spot for 2011, according to bookings on travel site Orbitz.com. The City Beautiful was the only Florida city to make the top 10 list this year. Among the reasons cited for Orlando’s high ranking: • Average airfare to Orlando this summer is $290, an increase of 10 percent over last year but still the lowest average fare for any of the cities in the top 10. • Orlando hotel rooms are averaging about $94/night, an[...]
Canadian buyers Tara and Don talk about how they acquired their new condo hotel unit at the Lake Buena Vista Resort (a foreclosure / bank owned deal) near Disney, using Condo Metropolis. Click the following link to learn more about Lake Buena Vista Resort & Spa, or call Condo Metropolis on: 407-290-3408. You can search listings by going directly to our MLS search engine using the navigation bar above.
The Florida Condominium Act requires both developer-controlled associations and unit-owner controlled associations to prepare a “Frequently Asked Questions and Answers†(commonly referred to as a “Q&A Sheetâ€). The Q&A Sheet must include information: regarding unit owners’ voting rights; unit use restrictions, including restrictions on leasing of a unit; indicating whether and in what amount the unit owners or the association is obligated [...]
You better believe it - the housing market is back. It's time to buy again, and here are the 10 cities with the most affordable homes, according to a new report from Deutsche Bank. Orlando real estate is right there, and no wonder with prices a fraction of what they were 5 years ago.