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Written by Eric M. Glazer · Florida attorney

108 results for “Reserves” Clear search
Color newspaper comic of Larry Losinit, beach towel in hand, discovering Eddie and Kevin the ostrich in the condominium elevator.

A Labor Day Tradition Continues

Eric Glazer’s annual Labor Day salute to volunteer condo and HOA board members follows one South Florida president through a holiday that refuses to stay quiet.

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Featured image for The Biggest Lie in Condos: “We’ll Keep Assessments Low”

The Biggest Lie in Condos: “We’ll Keep Assessments Low”

For years, one phrase helped sell millions of dollars’ worth of condominium units across Florida: “We’ll keep assessments low.” On the surface, that sounds like good news. Who wouldn’t want lower monthly fees? But what many owners are discovering today is that low assessments were often not a sign of a…

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Featured image for New Year Resolutions for Condo & HOA Boards

New Year Resolutions for Condo & HOA Boards

Every year, condo and HOA boards promise this will be the year things finally run smoothly. And every year, the same problems show up again, late budgets, messy meetings, inconsistent enforcement, frustrated owners, and eventually legal threats. This article breaks down board resolutions that actually work,…

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Featured image for SO CAN ASSOCIATIONS WAIVE ANY RESERVES?

SO CAN ASSOCIATIONS WAIVE ANY RESERVES?

Confused about reserve waivers in Florida? You’re not alone. As 2026 budgets loom, many boards assume all reserves are now untouchable—but that’s not true. Some reserves can still be waived or paused, depending on your building’s size and inspection history. This blog breaks it down in plain English,…

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Featured image for AND NOW FOR THE HARD PART

AND NOW FOR THE HARD PART

For the past two weeks we discussed how difficult it has now become to prepare the annual budget. Well suppose you had to prepare two budgets instead of one? In many condominiums, that’s now the case.

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Featured image for DOING THE BUDGET IN LARGE CONDOS IS NOT AS EASY AS IT USED TO BE

DOING THE BUDGET IN LARGE CONDOS IS NOT AS EASY AS IT USED TO BE

Starting in 2026, large Florida condominiums (3+ stories) must fully fund Structural Integrity Reserve Studies (SIRS)—no more waiving key reserves like roofing, plumbing, or fire systems. In this episode, Eric and Karen break down the new legal requirements, rare exceptions, and budgeting deadlines every…

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Needa Wrest is the President of Loco on the Ocean Condominium.  Needa couldn’t wait for Labor Day. 

A LABOR DAY TRADITION CONTINUES

Needa Wrest thought Labor Day meant peace from condo chaos, but she was wrong. This Labor Day belongs to every board member who shoulders the burden so their neighbors can live in peace.

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Featured image for SERÁ MEJOR QUE HAYAS AUMENTADO TU COBERTURA DE SEGURO

SERÁ MEJOR QUE HAYAS AUMENTADO TU COBERTURA DE SEGURO

Florida condo and HOA owners are pouring millions into reserves and milestone repairs...but what guarantees protect those funds? This week on Condo Craze and HOAs, we break down Florida’s insurance and fidelity bond requirements, why boards must confirm coverage, and how theft has happened in real cases.…

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Featured image for YOU BETTER HAVE INCREASED YOUR INSURANCE COVERAGE

YOU BETTER HAVE INCREASED YOUR INSURANCE COVERAGE

Florida condo and HOA owners are pouring millions into reserves and milestone repairs...but what guarantees protect those funds? This week on Condo Craze and HOAs, we break down Florida’s insurance and fidelity bond requirements, why boards must confirm coverage, and how theft has happened in real cases.…

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Featured image for FLORIDA’S 3RD DISTRICT COURT OF APPEAL SAYS 100% MEANS 100%

FLORIDA’S 3RD DISTRICT COURT OF APPEAL SAYS 100% MEANS 100%

Florida’s 3rd District Court of Appeal ruled that 100% means 100% when it comes to condo termination, siding with unit owners who fought back against a developer’s attempt to change voting rules mid-game. This major decision highlights the legal battle over whether older condo declarations can be overridden…

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tax refund with money, a calculator and coffee

MAYBE THERE IS SOME HELP COMING OUR WAY IN FLORIDA

Florida condo and homeowners are buckling under skyrocketing costs—especially insurance. Senator Rick Scott has reintroduced the Homeowners Premium Tax Reduction Act, which would make up to $10,000 in insurance premiums tax-deductible. If passed, it could mean serious savings. But it needs public support.…

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Featured image for New Florida Condo Bill: HB913 (PART 2)

New Florida Condo Bill: HB913 (PART 2)

Florida’s 2025 legislature just dropped a 191-page condo law. In this blog, we cover new conflict of interest laws, milestone inspection rules, and a surprising workaround for reserve funding. Plus, is Florida actually tracking unsafe buildings—or just collecting data for show?

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Featured image for FLORIDA LEGISLATURE GOES OUT WITH ONE BIG BILL FOR CONDOS

FLORIDA LEGISLATURE GOES OUT WITH ONE BIG BILL FOR CONDOS

The Florida Legislature just passed a massive 191-page condo reform bill, bringing major changes to how reserve funds are handled. For the first time, associations may fund reserves using lines of credit—creating a cycle of debt. Temporary pauses on reserve contributions are also allowed, but only under…

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