This month (June of 2023), a condo inspection bill was signed into law by DeSantis Senate Bill 154 and House Bill 1395, requiring condo owners to share in the structural inspection and structural repair costs.
This bill has brought significant changes to the way condo owners in Florida are required to maintain their properties. The bill, which was introduced in response to the tragic collapse of the Champlain Towers South condo in Surfside, Florida, requires condo owners to share in the structural inspection and structural repair costs.
Starting July 1st, condo owners will be required to pay for a structural inspection of their property by December 31st of next year and then at least once every ten years. The inspection must be conducted by a licensed professional engineer who will evaluate the structural integrity of the building and identify any necessary repairs or maintenance.
If the inspection reveals any necessary repairs or maintenance, the condo owners will be required to share in the costs, regardless of whether the repair is required in their individual unit or not. According to the house of representatives staff analysis, the bill "allows certain multicondominiums to utilize an alternative funding method approved by the Department of Business and Professional Regulation."
The new law is a significant step towards ensuring the safety of condo residents in Florida. By requiring regular structural inspections and sharing the costs of necessary repairs among all condo owners, the law will help prevent tragedies like the collapse of the Champlain Towers South condo. But these kinds of laws can become complicated and difficult to follow. Reach out to us with questions on this law or laws like it, as we can help you navigate your neighborhood's legislation!
For an article on this new legislation check out AMI Sun, and for a copy of the bill itself check out laws.flrules.org.
