In the end, legislators couldn’t face the prospect of forcing thousands of condominium owners across Florida to be subjected to massive fees for repairs of their aging buildings. A late-session amendment to a condo reform bill by the Senate on Thursday included strict new inspections of aging condominium buildings but removed the requirements for condominiums… Continue reading Many Condo Owners – and FL Legislature – Can’t Agree on Funding Reserves for Repairs
Tag: Florida Surfside collapse
Florida Is Set to Pass Stricter Condo Rules After Surfside Collapse
Florida lawmakers are poised to pass legislation that would stiffen inspection and funding requirements for condo buildings, a move aimed at preventing a repeat of the Surfside, Fla., tower collapse last June that left 98 people dead. The disaster was one of the deadliest building failures in U.S. history and highlighted the vulnerabilities of condo… Continue reading Florida Is Set to Pass Stricter Condo Rules After Surfside Collapse