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Hortensis

(58,785 posts)

6. Yes. FL law allowed our mobile home cooperative to opt out of maintaining

Reply to hlthe2b (Reply #4)

Tue Jul 6, 2021, 08:51 PM

Jul 2021

reserve funds against emergencies. There are regulations in place that help those that do maintain reserves keep it up, building the funds over decades, in spite of the obvious incentives against requiring owners to pay in each month.

I don't know anything about the quality of such laws, but in this case we're talking is FL, and the situation changes with conditions, so I assume there's an important job for governnment to do in requiring better planning for obsolescence and creating/improving/upgrading regulations and enforcing them.

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Highlight:

Aging Condos Are a 'Ticking Time Bomb' and Need More Oversight [View all] Klaralven Jul 2021 OP

Mine is almost 100 years old. Very beautiful, but... Scrivener7 Jul 2021 #1

Because yours was built as apartments edhopper Jul 2021 #5

Yes, and we maintain it lovingly, but it does make you wonder. And the dynamic of Scrivener7 Jul 2021 #7

We are going to see decades of $$$ repercussions from RW anti-regulatory policies hlthe2b Jul 2021 #2

It's not so much regulation as the fact that a condo is a little democracy Klaralven Jul 2021 #3

Inspection/oversight & building codes ARE regulatory responsibilities of local government. hlthe2b Jul 2021 #4

Yes. FL law allowed our mobile home cooperative to opt out of maintaining Hortensis Jul 2021 #6

and taxpayers who want lower taxes but expect their infrastructure to be free ZonkerHarris Jul 2021 #11

built deliberately short-changing long-term maintenance for quick profits. keithbvadu2 Jul 2021 #8

He makes zero links Sgent Jul 2021 #9

I thought this was about aging condors as ticking time bombs -- like "The Birds"? betsuni Jul 2021 #10