Florida condo owners see costs rise under new law mandating inspections post-Surfside collapse.

Florida condo owners face increased costs due to a new state law requiring structural inspections and reserve funds for repairs after the 2021 Surfside collapse. The law mandates that three-story or higher buildings file inspection reports and budget for maintenance costs, leading to higher fees and concerns about affordability, especially for those on fixed incomes. The deadline for filing these reports is December 31, 2022, and the law aims to ensure the safety and structural integrity of Florida's aging condominiums.

3 months ago
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