Ten questions every Florida buyer should ask
- What is the current monthly fee and what does it cover? Get a line-item breakdown — insurance, reserves, water, landscaping, management, security.
- When was the last special assessment, and what was it for? A capital improvement assessment can be a positive sign. A repair assessment from under-funded reserves is a warning.
- What does the most recent reserve study say? Compare recommended balance to actual balance. The gap tells you future special assessment risk.
- Has the master insurance policy had any major claims? Big past claims drive up future premiums.
- Is there pending litigation? Check both as plaintiff and defendant.
- What is the rental restriction? Critical if you plan to rent the unit out, even occasionally.
- What is the pet restriction? Breed, weight, and number limits matter.
- How active is the board? Read the past year of meeting minutes — a healthy board addresses issues, a troubled board postpones them.
- Who is the management company? Larger professional management firms tend to run associations more smoothly than self-managed boards.
- What recent news exists about this community? Search the community name in Google News and in the Palm Beach County Clerk of Courts docket search — both are free and fast.
Fee trends and what they mean
Look at the past 5 years of fee history if available. Florida HOAs and especially condos have been under enormous fee pressure since 2022 due to:
- Insurance premium spikes (often 30–50% per year on condos).
- Reserve catch-up requirements after SB 4-D.
- Inflation in landscaping, security, and management labor.
A 5–10% annual increase is normal. A 50%+ jump in a single year is unusual and worth investigating. A flat fee for 5 years is a warning sign — the association is probably under-funding reserves to keep the fee artificially low.
Using HOA Agent for due diligence
HOA Agent is a free public database of every HOA and condo community in Palm Beach County. For any community you can:
- Search by name, address, or city — try our search.
- See the current Florida entity status and registration.
- See the management company on file.
- See resident reviews and comments.
- See verified fee data from residents and listing observations.
Detailed reports with full source citations and fee history are available for $2.99 per community.
For real estate agents
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