Miami-Dade commissioners on Tuesday unanimously passed new rules requiring all condo and homeowner associations to publicly file financial statements and structural reports.
A new rule in Miami-Dade County requires more transparency from condo associations and HOAs. NBC 6’s Laura Rodriguez reports.
Last month, hundreds of people who
live in the Hammocks say they were blindsided by a massive
hike in HOA fees.
At nearby Lakes of the Meadow, some homeowners say they want to avoid getting to that point.
"Two major renovation projects that supposedly was going to be 150 thousand dollars and it quadrupled to almost half a million dollars, that's what triggered this involvement in most of us," Delgado said.
Homeowners say there haven't been board elections since 1995 and believe members of the board are selectively uploading documents to the homeowner portal.
"This one in particular, that there were questions on, the final cost of the project, is not available on the website," said another homeowner.
NBC 6 sent an email to the Lakes of the Meadow board and also went to the office in person, but we have not received a response.
The homeowners say the next opportunity for an election is March 16, but 30% of the homeowners or a proxy must be present at the meeting for it to happen.