Florida law requires every condominium’s annual budget to include both operating expenses and reserves for capital expenditures and deferred maintenance. Operating expenses are those incurred during the day-to-day operations...more
11/16/2022
/ Building Standards ,
Capital Expenditures ,
Capital Requirements ,
Condominium Act ,
Condominium Associations ,
Condominium Rules ,
Condominiums ,
Fixed Operating Expenses ,
Florida ,
Safety Inspections ,
Safety Standards
On May 26, 2022 — nearly a year after the partial collapse of Champlain Towers South—Florida enacted new legislation to address safety concerns for condominiums and cooperative buildings with the passage of Senate Bill 4-D....more