2024 Florida Legislative Update
Trident Real Estate Blog
by Andrea
1M ago
In this webinar, presented by the Florida Legislative Alliance and CAI SE-FL Chapter, learn about the 75 bills the Florida legislature proposed in 2024 that would affect Florida HOAs and Condos, and the 5 bills that ultimately passed: SB 600 / HB 293 HOA Hurricane Protection SB 50 / HB 59 Provision of HOA Rules and Covenants HB 1029 My Safe Florida Home Program HB 1021 Community Associations HB 1203 Homeowners Associations Impact to FL Community Associations These new bills can seriously impact Florida Community Associations, Board members, CAMS and Management companies. Be sure to watc ..read more
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5 Ways Your Florida Community Association Board Might Be Accidentally Breaking the Law (and how to avoid it)
Trident Real Estate Blog
by Andrea
1M ago
Breaking the law sounds like a fairly obvious action. Even speeders and jaywalkers are aware they’re committing a crime. But sometimes in the community associations, inaction or inconsistent action can constitute a legal violation that will put boards in very hot water.  These are 5 of the most common ways Florida HOA and Condo board members might accidentally break the law, and how to avoid it, if this sounds like your board! 1. Not having the right number of members on a condominium’s board of directors Who it applies to: Condo Associations [718.112 (2)], HOAs [617.0803(1)] Florida law ..read more
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Trident Management Achieves AAMC Accreditation: Continuing Our Journey to Excellence
Trident Real Estate Blog
by Trident Real Estate
2M ago
We are thrilled to announce a major milestone in Trident Management’s journey towards excellence – the attainment of the prestigious AAMC (Accredited Association Management Company) accreditation. This accreditation reinforces our commitment to delivering exceptional services, and marks a significant moment in our company’s growth. Trident Management was founded with a vision to redefine property management and create an unparalleled customer experience. Since our founding, the company has become known as one of South Florida’s most trusted names in real estate management. Our continued commi ..read more
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Preventing Unintentional Fraud: A Guide for Condo Officers
Trident Real Estate Blog
by Trident Real Estate
3M ago
As stewards of your community, condo and HOA board members hold a position of trust and responsibility. That trust quickly erodes when there is an ethical breach, and there is nothing more devastating than the accusation of fraud. Even when you have the best of intentions, it’s important to recognize that if you’re not careful your actions could inadvertently lead to fraudulent behavior.  Whether a board member commits deliberate fraud, such as embezzlement and forgery, or unintentional fraud, such as unknowingly violating ethical or legal standards, the results are the same. Fraud in th ..read more
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Innovative Homeowner Communication in Vantaca Systems Wins Trident Management 2023 Vanty Award
Trident Real Estate Blog
by Trident Real Estate
3M ago
Trident Management’s groundbreaking use of Vantaca System’s suite of communication tools generated a Welcome Letter workflow that elevates and simplifies board member experience. Trident Management, Miami’s choice of property and community association management, was pleased to be awarded the 2023 Vanty Award at the 2023 Vantaca Vision conference for their unique use of Vantaca’s communication workflows. Presented by Vantaca Systems, a leader in community association management software, the Vanty Award recognizes Vantaca clients who, “exemplify excellence … and whose contributions are reshap ..read more
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Top Three HOA Industry Predictions In 2023
Trident Real Estate Blog
by Trident Real Estate
3M ago
New year, new challenges. 2023 is expected to be a tumultuous year for many, and the homeowners, condominium association and co-op industry is no exception. High inflation rates, new laws, and an unprecedented insurance market are expected to cause headaches for many communities. All of these issues will likely compound into greater headaches when dealing with frustrated owners and residents. New Laws to Follow The tragic collapse of Champlain Towers South condominium in Surfside, FL back in 2021 was the catalyst for a slew of new laws and restrictions being imposed on associations. Restricti ..read more
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Legal Update: Florida Elevator Requirements Changing Jan 2024
Trident Real Estate Blog
by Trident Real Estate
3M ago
Beginning January 1, 2024, the state of Florida will retroactively comply with ASME A17.1, as modified by Chapter K3 of Appendix K Section 3.10.12a of the New York City Building Code and A17.3-2015 Section 30.10.12, which requires all Florida elevators be outfitted with a Door Lock Monitoring System (DLM). This system will keep elevators secure until the doors have closed completely. Who Will This Impact? This retroactive code adoption will apply primarily to elevators installed prior to 2000. Many elevators installed after 2000 either already have a DLM system in place or can be connected to ..read more
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Should I Hire the Cheapest Miami Property Manager?
Trident Real Estate Blog
by Trident Real Estate
3M ago
 Miami property management costs can vary depending on your property, the services you need, and the management company you choose. There are many different pricing structures, and when you compare property management fees, you also have to compare the value you’re receiving from the company you hire.  It’s tempting to choose the cheapest company. After all, this is your investment property, and you need to think about what’s going to provide the best value for you and your investment. Don’t forget to consider your tenants and the type of service they’ll receive.  There are, howeve ..read more
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What Role Should Communication and Transparency Play in Miami Property Management?
Trident Real Estate Blog
by Trident Real Estate
3M ago
Setting and following good communication practices consistently ranks as one of the best things a Miami property management company can do for you and your residents. What results is better transparency so you’ll always know how your property is performing and what your expenses look like compared to your income.  Communication and transparency go hand in hand, and when you’re looking for an experienced team to manage your residential property portfolio or your community association, make sure you don’t settle for less than a company with a demonstrated ability to communicate well and pr ..read more
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Pitfalls of Hiring the Lowest Bidder for Miami-Dade and Broward Association Management
Trident Real Estate Blog
by Trident Real Estate
3M ago
 Most boards in HOAs, condo associations, and coops are constrained by strict budgets. The challenge of allocating scarce resources to a growing number of different needs can be daunting. But choosing the lowest bidder when selecting a Miami property management partner can happen by default, and can be plagued by pitfalls. Staying on budget is critical for associations. Budgets are the basis of any business, however, the lowest bidder is seldom the best person for the job. We see this in HOA management companies and even in our own lives. All of us have experienced the disappointment of terri ..read more
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