Originally Posted by Topspinmo (Post 2289069)

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

Originally Posted by Craig Vernon (Post 2288666)

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?

Originally Posted by Indydealmaker (Post 2289105)

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

Originally Posted by Craig Vernon (Post 2288666)

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?

Originally Posted by Dlbonivich (Post 2289016)

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.

Originally Posted by sallyg (Post 2289068)

It usually does, one way or another.

Originally Posted by VApeople (Post 2288676)

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.