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Florida House passes bill easing financial strain on condo owners by changing inspection funding rules.
Florida's House has passed a bill aimed at easing financial burdens for condo owners by allowing associations to use lines of credit for structural integrity studies instead of reserve funds.
The bill, which clarifies that only buildings with three or more stories need to comply with inspections, also allows condo owners to vote electronically in association elections.
The Senate is expected to vote on a similar bill backed by Governor Ron DeSantis.
These measures aim to address the rising costs and financial strain on condo owners following the 2021 Surfside condo collapse.
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La Cámara de Florida aprueba un proyecto de ley que alivia la presión financiera sobre los propietarios de condominios cambiando las reglas de financiamiento de inspecciones.