Maintenance & Reserves

Row of older high-rise condo towers along a Florida beach road, under a clear blue sky

Fannie Mae’s 15% Rule and Florida’s SIRS: Budgeting for Both in 2027

Fannie Mae’s 15% Rule and Florida’s SIRS: Budgeting for Both in 2027 Second of two articles on the 2027 reserve rules. Part 1 covers what Fannie Mae’s 15% rule requires. Table of Contents Introduction Does our SIRS funding count toward the 15%? Is the baseline plan in our SIRS enough? Can we pause reserve contributions

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Condo towers and palm trees along a sandy beach

Fannie Mae’s New 15% Reserve Rule: What Florida Condo Boards Need to Budget for in 2027

Fannie Mae’s New 15% Reserve Rule: What Florida Condo Boards Need to Budget for in 2027 First of two articles on the 2027 reserve rules. Part 2 looks at what Florida’s own reserve requirements mean for your budget. Table of Contents Introduction What changed, and when Two ways to meet the reserve requirement “We have

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association board meeting

Florida’s New Condo & HOA Financial Rules for 2025: What Boards Need to Know

Florida’s New Condo & HOA Financial Rules for 2025: What Boards Need to Know Florida condo and HOA boards are facing some of the most significant financial compliance changes in years. With new Florida condo law changes taking effect in 2025, board members will need to pay closer attention to reserves, budgeting, and financial transparency

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