[Topspinmo]

Don’t really matter if rates go up enough maintenance fees will go up. Got never ending supply of funds if needed.

[Bill14564]

Originally Posted by Topspinmo

Don’t really matter if rates go up enough maintenance fees will go up. Got never ending supply of funds if needed.

Maintenance fees are not used for amenities. Amenity fee increases are limited by the deed restrictions as noted in post #8.

[Indydealmaker]

Originally Posted by Craig Vernon

HOA's all over Florida are in big trouble due to rising insurance rates. Who is responsible for insuring all of TV Rec centers, Executive courses, Pools, Gaming courts, Golf cart paths in the event they are damaged by storms etc?

The village governance does not remotely resemble an HOA. Community Development Districts are quasi-governmental entities. HOAs are farcical.

[Gpsma]

People actually worry about these things?

[Goldwingnut]

Originally Posted by Indydealmaker

The village governance does not remotely resemble an HOA. Community Development Districts are quasi-governmental entities. HOAs are farcical.

The CDDs are government entities, they are considered a Special Purpose government not quasi-governmental.

[kkingston57]

Originally Posted by Craig Vernon

HOA's all over Florida are in big trouble due to rising insurance rates. Who is responsible for insuring all of TV Rec centers, Executive courses, Pools, Gaming courts, Golf cart paths in the event they are damaged by storms etc?

Owner(s) of the individual properties unless there is a contractual agreement. No one insures sidewalks.

[kkingston57]

Originally Posted by Dlbonivich

Some of the issues that the HOA’s are facing are related to the distance they are from the water. Another problem for some that you may be hearing about in the news is because of legislation that was passed that required engineering inspections on condo buildings 3 stories or higher within 3 miles of the water. Once the inspection is done the HOA budgets must be fully funded to address all repairs called in the report. This is a summary of what is expected. This has raised some issues for HOA ‘s where the repairs are more than the current value of the units.

Noted comments about buildings. These are mostly condo associations which are different from HO associations and have different sets of laws.

[kkingston57]

Originally Posted by sallyg

It usually does, one way or another.

Poignant and true. We all pay

[dhdallas]

Originally Posted by VApeople

Aww, you're no fun.

We didn't want a clear, well informed answer. We wanted something to argue about until this thread, like all others, would deteriorate into complaints about dog poop and bad drivers going thru roundabouts.

I agree. Who cares? Now what about those white crosses? (just kidding...maybe)