Florida Reserve Funding Laws and Special Assessments: Legal Challenges for Condominium Associations
Florida condominium associations now face stricter reserve funding pressure, especially where building safety, aging components, and Structural Integrity Reserve Study requirements are involved. Under Florida condo law, a covered residential condominium association must complete a SIRS at least every 10 years for each building that is 3 habitable stories or higher. Associations existing on or […]