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The Surfside Tower Was Just Another Condo Building – The Atlantic

The Surfside Tower Was Just Another Condo Building – The Atlantic

Behind much of the skepticism of the condo system were tensions between private rights in property and community obligations. Between the 1880s and World War I, co-owned buildings in the United States were mostly sponsored directly by future tenants (foreshadowing the recent wave of baugruppen in Berlin). By the 1920s, though, speculative developers came to dominate. To sell apartments, they learned to emphasize lifestyle, including ease of physical maintenance (“no lawn to mow,” read many an ad), while downplaying responsibilities.

But owning an apartment, like any other property, comes with its own burdens—just ones less tangible than a lawn. No matter the system, ownership turns tenants, ready or not, into landlords: Members of a condominium automatically become co-owners of a corporate entity responsible for common elements. As nearly everyone who has ever owned an apartment in a large building knows, however, rare is the condo owner who’s attuned to this duty, and rarer still is the one who attends association meetings, let alone serves on the board of directors.

And yet developers and sales agents recognized this gap early on. While honing their marketing strategies, they began to encourage buildings to hire “professional” management, leaving associations with few direct responsibilities. Governance could still be challenging. In co-ops in New York and D.C., where associations typically screen new buyers (ostensibly for reasons of financial security), battles erupted over whether to allow resales to Jewish people and, later, single women, Black people, and gay men. In more recent decades, residents of condo buildings have feuded over everything from cosmetic upgrades (redecorating lobbies) to the installation of EV charging stations. These disputes hint at why some early critics believed that condos would inevitably result in huge problems, including premature physical decay.

Assessor Manuals

Assessor Manuals

Assessor Manuals are published by the Office of Real Property Tax Services and distributed to local assessors in order to help them perform their duties. These manuals contain information on how to maintain assessment and tax rolls, collect information on properties in their municipality,?estimate market value and administer exemptions on qualified parcels. Updates are issued annually where appropriate.? The information contained in these manuals is intended to supplement the training that each local assessor must receive in order to retain their position. While these manuals provide information of aid to local assessment officials, they do not contain all that an assessor must know in order to fulfill their responsibilities.

NPR

State Laws Fail To Disclose Flood Risk : NPR

One year later, their house flooded.

The house had also flooded less than a decade earlier, and it was in a flood plain. The federal government knew both of those things — the Federal Emergency Management Agency keeps track of flood insurance claims and publishes flood maps that states and cities use to make planning decisions. But no one told the Obbinks they were moving into harm's way, because no one was obligated to: not their real estate agent, not the seller, not the inspector. Or any government agency, or the real estate website that listed the property.

NPR

Americans Lack Information To Stay Out Of Disaster’s Path : NPR

None of the landlords, real estate agents, sellers, appraisers, bankers or home inspectors the families interacted with explained the risk of flooding or wildfires, because no one had to do so. Only about half of the states require that information about flood risk be disclosed to homebuyers, and just one state requires that such information be given to tenants. Only two Western states require disclosure of wildfire risk.