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The requirements for forming an LLC in Florida are surprisingly simple. Key Takeaways: Florida is home to 2.5 million small businesses The LLC is the state's most popular business structure LLCs offer legal protection and tax flexibility Starting an LLC requires five simple steps Florid...
If you aren't familiar with title searches, you may not know what to look for when you're given one. Here's what to know about them (and what to watch out for when reviewing one). Key takeaways: Title searches are necessary for smooth property transactions. They track previous ownership to ...
An LLC operating agreement is a legal document that outlines ownership and member duties, helping your business avoid conflicts in the future. Here's what else to know about it. Key takeaways: An LLC operating agreement is an important company document. These agreements vary based on industr...
A lease is a lease, no matter which type of property it is for. There are key differences between a residential and commercial lease, though. Here's what to know. Key takeaways: Residential leases occur between property owners and residents. Commercial leases happen between landlords and bus...
Appointing a power of attorney ensures your bills are paid and money owed to you is collected if you're unavailable or incapacitated. Here's what else to know about how having one can help you. Key takeaways: A power of attorney document grants someone else control over specific aspects of you...
We delivered lots of great blog content about the real estate market and buying/selling processes in 2021. Check out our best blogs of the year when you're looking for answers to real estate questions. 2021 was a big year for real estate, and PeytonBolin focused on answering your most pressing qu...
Transitioning a loved one into a senior housing facility can be taxing and emotional, but there are 9 signs it may be time. Key Takeaways 9 signs it's time to transition a loved one to senior housing: You have been considering it for a while Their behavior is aggressive ...
Code enforcement may lead to fines and other headaches. Learn what the most common code violations are in Florida so you can prevent them. Code violations are common throughout Florida's many cities and districts. Local codes put standards in place for the appearance and maintenance of properties...
HUD's new guidance on service and emotional support animals clarifies how homeowners' and condo associations can comply with the Fair Housing Act According to the federal government's Fair Housing Act, housing providers, including homeowners' and condo associations, cannot discriminate against an...
What are some things you want your audience to know right now? *Community associations need to pivot just like businesses. *We recommend coming together as a board virtually and looking at budgets. Owners will need to pay assessments, but many may have lost income. Can you adjust assessments? ...
When you're faced with losing a home, it can feel scary and overwhelming. These 5 strategies may help you avoid foreclosure. Going through a foreclosure is no small event. It takes a toll emotionally and financially, and you may feel like you have nowhere to go. While the number of foreclosures f...
HOALeader.com is an excellent resource for HOA and condo board members nationwide. Our own Jane Bolin is always pleased to share her expertise with their team. Some recent articles are shared below. New: Three Florida Condo/HOA Associations Are Alleged Victims of Theft By Their Manager More Alleg...
HOALeader.com is an excellent resource for HOA and condo board members nationwide. Our own Jane Bolin is always pleased to share her expertise with their team. Some recent articles are shared below. The Facts on What HOA/Condo Board Presidents Can and Can't Do Setting the Record Straight on Condo...
Community associations are corporations (nonprofit, usually), so you should adopt practices successful corporations follow. Smart advice, right? But what does that mean when it comes to your day-to-day operations? Jane Bolin, Esq., founder and chief marketing officer of PeytonBolin, explores this...
Think ahead, plan strategically, and get everyone on board for a bright future. Many association boards have no real vision for their community or any goals that they are working toward. Essentially, they operate in a month-to-month mentality, addressing issues as they arise and focusing on homeo...
Trusted advisor or administrative assistant? An important distinction! For Association Boards, a CAM (Community Association Manager) is the one trusted advisor that you'll likely use more than any of the others. In many states, CAMs have passed a test, are licensed, and invest in continuing educa...
If done right, you'll get everyone on board and increase property values. It's never fun. But creating and managing the budget for your HOA is a responsibility that all boards have to contend with. And setting association dues is part of the deal—sometimes the part that makes you feel unpopular a...
Better, more effective meetings are in your future—if you follow these tips. We've all been there. Stuck in a meeting where two or more people get into a heated discussion or worse, a flat-out shouting match. It's unpleasant, yes; but more importantly, it's unprofessional and downright disruptive...
Why investing in the legal side of your community association early on is a sound practice. Don't wait until you're faced with a legal crisis. Community Associations, just like businesses, need to ensure that they are legally protected at all times. They are responsible for governing the communit...
Important details for associations to consider when purchasing or updating security for the community. There's no doubt that having an active security program within your community is an attractive benefit to homeowners. Ensuring the safety of the homes and common areas is a priority that everyon...
Troublemakers beware: there's no room for unprofessional behavior on HOA boards. Power struggles happen. In business, in life, and most certainly in HOA boards. While not all association boards have issues with members that have short tempers, many face this dynamic and struggle to gain control o...
Grab the bull by the horns and get your board moving in the right direction. While having a board comprised of enthusiastic team players is a powerful way to run your association, it really only takes one person to get things going and start the process of transforming your association into a bus...
5 easy to implement business practices that will greatly improve the way your board operates. Successful and efficient community associations have one thing in common: they view themselves and conduct their boards as a business. The reality is HOAs are not-for-profit businesses that are subject t...
Flat fee retainer models create an innovative and cost effective partnership that every HOA should have. Having an attorney to represent your HOA is a critical component to running your board smoothly and effectively. Many associations wait to enlist the services of an attorney until they have a ...
Develop a plan that ensures your board's success Once you've begun to view your association as a business and have implemented strategies like an annual business cycle and enlisting the services of a trusted group of advisors, it's time to ensure that you put all your plans into action to take yo...
The PeytonBolin team is here to help. We handle real estate matters but if you need another type of attorney, we will do our best to point you in the right direction with referrals.