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
For five months now, Florida condominiums with buildings that are three stories or higher have been on notice of F.S. §553.899, a new statute adopted within Senate Bill 4-D (“S.B. 4-D”) that requires periodic milestone...more
On June 24, 2021, we witnessed one of the most disturbing events in recent memory. A residential condominium building in Surfside partially collapsed overnight leaving 98 people dead and the surviving residents without a...more
10/19/2022
/ Accident Scene ,
Condominium Act ,
Condominiums ,
Construction Defects ,
Florida ,
Infrastructure ,
Proposed Legislation ,
Real Estate Development ,
Real Estate Market ,
Regulatory Agenda ,
Safety Inspections ,
Safety Standards