At Trident Management, our extensive experience working with community associations in Miami and the surrounding area helps us know how to navigate through most bylaws, declarations, CC&Rs, rules and regulations. We’re not attorneys, however, so if you have a specific question about a bylaw you’d like to challenge, you should consult an attorney.
For real estate investors, there’s no shortage of eager advisors ready to help you spend your money. Florida alone boasts over 250,000 real estate licensees. Sadly, when you rent out a property in an homeowners association (HOA), your choices are less clear. Should you work with an individual real estate agent dabbling in property management? Or perhaps a real estate brokerage that does some property management on the side as a perk for its sales clients. Then there’s your lovable cousin who lives a block away from your property and offered to step in and help as a favor.
With “a deafening roar, “ a corner of a downtown Miami building, housing the Federal Drug Enforcement Administration, crashed to the ground in 1974, killing seven people. Because of that tragic event, Miami-Dade County as well as their neighbors in Broward County instituted that buildings must be inspected and recertified when they are 40 years old – and again every 10 years thereafter. When you consider the potential for loss from structural age, defects, or hurricanes (this is South Florida), this recertification becomes an important best practice.