The homeowner insurance woes facing many Americans are having a unique impact on condominium owners, too. Aging condos and deferred maintenance are sending condo insurance premiums soaring through the ...
A condo deconversion can promise relief from mounting assessments, insurance premiums and deferred maintenance. But as the Biscayne 21 dispute illustrates, it can also leave owners displaced, ...
Forbes contributors publish independent expert analyses and insights. Roger Valdez writes about housing economics and policy. The legislation addresses two problems. First, an uneven recertification ...
In 2021, the collapse of the Champlain Towers South condominium in Surfside, Florida, shocked the world. Initially framed as an engineering failure, the tragedy exposed a deeper issue: decades of ...
Six months after the shocking collapse of a 12-story condominium building in Surfside, Fla., mortgage lenders are being required to look far more closely at the maintenance history of condos that are ...
A 2023 Florida law now requires older condominium buildings to undergo structural inspections and maintain adequate reserves for repairs, ending decades of deferred maintenance. Millions of condo ...