Again, in a budget adopted by an association that is required to obtain a structural integrity reserve study, reserves must be maintained for these items: Roof. Structure, includingload-bearing walls and or other primary structural members and primary structural systems as those terms are defined in s. 627.706. Floor. Foundation. Fireproofing and fire protection systems. Plumbing.…
Month: May 2023
SB 154 – PART TWO – NEW LAWS
THE STRUCTURAL INTEGRITY RESERVE STUDY (g) Structural integrity reserve study.— A residential condominium must have a structural integrity reserve study completed at least every 10 years after the condominium’s creation for each building on the condominium property that is three stories or higher in height as determined by the Florida Building Code which includes, at a minimum, a…
SB 154 – PART ONE -- NEW LAWS
Over the next few weeks, we will be blogging about the new laws The Florida Legislature passed, as they relate to Florida Condominiums and HOAs. Today, let’s start with the bill that was supposed to clear up all the glitches in the prior bill regarding milestone inspections and reserve studies. Here we go…… Now……instead of…
THE NEW LAWS: DEVELOPERS ARE PROTECTED YET AGAIN
When a community gets turned over from developer control to unit owner control, the unit owners typically hire experts to determine whether or not the developer has breached their warranty by turning over the property with construction defects. This year, on April 13, Gov. Ron DeSantis signed Senate Bill No. 360 into law wherein the…
IT’S BETTER TO BE RICH
After litigating for 32 years here is what I learned for sure. When litigating, it’s better to be rich. I understand that may be obvious, but as the costs of litigation continue to rise, it’s a lesson that the average Joe needs to learn and learn quick. The bottom line is that it’s better to…