Surfside Aftermath: New Florida Law Puts Managers Under the Gun
Florida condo and co-op associations are facing a new law aimed at ensuring the structural integrity of high-rise buildings in the wake of the Champlain Towers South collapse in Surfside. The law imposes several new requirements that are raising concerns.
“It was a hurried, not well-thought-out bill that’s going to have really significant consequences,” says Alan Garfinkel, founding partner of Garfinkel Law, a full-service community association law firm in Florida. “The implementation is going to be very, very difficult.”
In our new article, we talk to several experts about new inspection requirements, rules about reserve studies and mandatory reserves, how this puts managers under the gun, and the outlook for similar legislation beyond Florida.
Read on to learn about the most important provisions and their implications for covered associations and their managers: Florida Tackles Condo Repairs Reform — Will Other States Follow?