Five things to know about the Florida Legislature’s proposed condominium reforms

·1 min read
Daniel A. Varela/dvarela@miamiherald.com

The Florida Legislature says it has reached agreement on some major reforms for high-rise condominiums. Under the provisions included in the draft of the bill released Tuesday, here are five key points to know:

Inspections of condominiums three stories in height and above will be required when the buildings reach 30 years or age (as determined by occupancy certificate) and then every 10 years thereafter.

For condominiums within three miles of the coast, the first required inspections will be when the buildings reach 25 years of age and then every 10 years afterward.

For buildings occupied before July 1, 1992, the first inspections must be completed by Dec. 31, 2024.

There will be two phases to inspections. If a visual inspection by a licensed architect or engineer authorized to practice in Florida reveals no signs of substantial structural deterioration, no further action is necessary until the next required inspection. If structural deterioration is detected, a second phase of testing is required to determine whether the building is structurally sound.

After Dec. 31, 2024, condo associations will be prohibited from waiving the collection of reserve funds to pay for routine or additional maintenance and repairs.

The 101-page bill will be considered by a key House panel on Tuesday evening. Then, the measure would need approval from the full House and Senate before it heads to Gov. Ron DeSantis. The bill is likely to get approval this week.

READ MORE: Judge in Surfside collapse lawsuit agrees to pay condo owners more for property loss

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