Archive | November, 2008

Improving condo energy usage with data loggers

Low-cost data loggers can provide association managers and boards with information that helps save thousands of dollars in energy costs, while helping to ensure indoor air quality and occupant comfort are maintained throughout properties. By monitoring and recording simple variables like temperature, relative humidity (RH), carbon dioxide (CO2) and light or motor on/off, data loggers can help dete... read more

Posted in EnergyComments (0)

Building inspections now required by law

On October 1, 2008, several amendments to the Florida Condominium Act went into effect. One change consisted of a sixth subsection that will require all condominiums with buildings four stories or higher to be inspected by an engineer or architect every five years. The engineer or architect will be required to write a report commenting on the required maintenance, useful life and replacement costs... read more

Posted in LegalComments (0)

Preserving the future of your association

More than 60 million Americans today live in 300,000 community associations across the nation. While some real estate values may decline, owners often are left with little to no equity in their property. Investors sometimes are left holding properties that do not produce a cash flow. Mortgage loans are re-pricing at higher rates and interest-only loans now require principal payments. All these fac... read more

Posted in FinanceComments (2)