$20M Assessment Shocks Brickell Condo Owners: What Would You Do? (Airing 12/8/24)

In this episode of Condo Craze and HOAs, Eric and Karen dive into a shocking story from The Miami Herald: a Brickell condo faces a massive $20 million special assessment, leaving owners scrambling and threatening to recall the board. But is recalling the board enough to stop the financial burden?

We break down the ripple effects of rising delinquencies, foreclosures, and the tough decisions associations must make to stay afloat. Plus, Eric explains the mandatory legal steps Florida associations must follow to collect unpaid assessments – from notices to liens to foreclosure.

📞 Call us live at 717-GLAZER8 (717-452-9378) or drop your questions and comments in the YouTube chat!

👉 Don’t forget to subscribe and hit the notification bell for more insights into the complex world of condo living and HOAs.

#CondoCrazeAndHOAs #SpecialAssessment #Florida #CondoLaw

S2E42