This is a Florida news story, published by Yahoo Finance, that relates primarily to Benzinga news.
For more Florida news, you can click here:
more Florida newsFor more Benzinga news, you can click here:
more Benzinga newsFor more real estate & housing news, you can click here:
more real estate & housing newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
many Florida condo owners. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Florida condominium owners news, Florida condominiums news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Florida condo ownersBenzinga
•63% Informative
Florida condominium owners are being hit with sky-high assessments for several reasons.
Many insurers are demanding extensive repairs or upgrades to common areas as a condition of renewing the community's HOA policy.
Florida 's legislature passed a law in 2021 requiring HOAs to increase their reserve funds and institute a more frequent inspection regime.
Many older owners in older communities aren't in a financial position to afford the resulting assessments.
Benzinga does not provide investment advice. All rights reserved..
VR Score
43
Informative language
31
Neutral language
8
Article tone
semi-formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
2
Affiliate links
no affiliate links