Homeowners Associations in Florida serve the community by maintaining common areas and enforcing rules to preserve the neighborhood's aesthetics and property values. When you purchase a property within an HOA, you automatically become a member and are bound by its...
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HOA Issues
Can an HOA intercept rent?
Purchasing a home as an investment property to rent out may provide extra income. However, if you fail to abide by the neighborhood rules or pay fees set up by the HOA, you may lose that money. In Florida, an HOA has the right to intercept rent proceeds in certain...
Key amendments governing Florida condos’ collection practices
State law governs how Florida condominium associations manage their operations and conduct basic units. The way that they collect unpaid dues and assessment fees is subject to several important regulations. In recent months, bills amending the Florida Condominium Act...
How to deal with homeowners association rental restrictions
You've bought a condominium, townhouse or a house in Florida as a second home, and while you enjoy spending time in the Sunshine State, your primary home is elsewhere. It makes sense to rent out your property to get a return on your investment. However, the question...