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Financial Relief for Condo Owners

June 24, 2025 by apnews.com

A new law, effective July 1, lets condo associations use loans or credit lines for building reserves instead of immediate monthly fee hikes. This aims to relieve elderly and fixed‑income residents affected by the 2022 Surfside law reforms

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Over the past few months, “Florida’s housing market is finding its balance, and that’s good for buyers and sellers alike,” said Florida Realtors Pres. Tim Weisheyer.

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A credit score reflects payment habits, debt use, credit age, types and new applications. Understanding these factors can help improve a financial future.

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