Hi, Florida condo owner researching NSW's strata system. I'm hoping to speak with a long-time strata owner or current/former strata committee member about what works, what doesn't, capital works funds, strata managers, special levies and government oversight.
I am a Florida condo (USA) owner looking into NSW's strata system. I'm hoping to speak with a long-time strata owner or current/former strata committee member about what works, what doesn't, capital works funds, strata managers, special levies and government oversight. Would like to have a much better understanding of your system.
I’m a Florida condo owner and I’ve started looking into the issues so many of us are facing after going through some pretty terribly things in my community. I would like to hear what other owners have experienced.
I’m interested in hearing about your experiences—financial hardships, special assessments, association or management issues, maintenance concerns, lack of transparency, or challenges faced as an owner. If you’ve served on a condo board, I’d also love to hear about your experience from that perspective.
What have been the most difficult issues you’ve encountered as a Florida condo owner, and what led to them?
Please share your experience in the comments or feel free to DM me if you’d rather share privately.
Here is a brief summary of what our community is going through currently if you'd like to talk and relate:
Large and repeated special assessments
Lack of financial transparency
Difficulty accessing official records
Contractor selection and bidding practices not followed
Unclear project scopes and expenditures/missing
Association debt and loans
Inadequate reserve planning
Deferred maintenance (who isn't going through this though?)
Water intrusion and drainage problems
Contractor oversight concerns
Governance and voting issues
Management company accountability
Rental and investor ownership concerns
Financing and resale difficulties
Most of these have been reported to the DBPR and has since moved up to an attorney and awaiting review, but it seems when one issue pops up we have another. I know this is not just our community.