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Season 2 · Episode 42 December 8, 2024 1H 1M

Watch $20M Assessment Shocks Brickell Condo Owners: What Would You Do? (Airing 12/8/24) from Condo Craze and HOAs. Florida condo and HOA law, board governance, owner rights, reserves, insurance, and community association guidance.

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$20M Assessment Shocks Brickell Condo Owners: What Would You Do? (Airing 12/8/24)

Watch $20M Assessment Shocks Brickell Condo Owners: What Would You Do? (Airing 12/8/24) from Condo Craze and HOAs. Florida condo and HOA law, board governance, owner rights, reserves, insurance, and community association guidance.

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About this episode

The full rundown.

In this episode of Condo Craze and HOAs, Eric and Karen dive into a shocking story from The Miami Herald: a Brickell condo faces a massive $20 million special assessment, leaving owners scrambling and threatening to recall the board. But is recalling the board enough to stop the financial burden?

We break down the ripple effects of rising delinquencies, foreclosures, and the tough decisions associations must make to stay afloat. Plus, Eric explains the mandatory legal steps Florida associations must follow to collect unpaid assessments – from notices to liens to foreclosure.

📞 Call us live at 717-GLAZER8 (717-452-9378) or drop your questions and comments in the YouTube chat!

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#CondoCrazeAndHOAs #SpecialAssessment #Florida #CondoLaw

S2E42

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