Florida Legislature Passes Major Condo Law Reforms
Florida Legislature Passes Major Condo Law Reforms

Florida Legislature Passes Major Condo Law Reforms

News summary

The Florida Legislature has unanimously passed HB 913, revising condo-safety laws enacted after the 2021 Surfside collapse, and the bill now awaits Gov. Ron DeSantis' signature. The measure extends the deadline for required structural integrity studies by one year and allows condo associations to pause reserve fund contributions for up to two years following milestone inspections. Associations may also use loans or lines of credit for critical repairs, aiming to provide financial relief while upholding safety standards. The bill introduces new transparency requirements in the bidding process for inspections and enables online voting for association matters. Lawmakers highlighted that the reforms address both safety and affordability concerns raised by thousands of residents. These changes seek to ensure critical repairs can proceed without placing unaffordable financial burdens on condo owners, especially those on fixed incomes.

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