Watch our webinar recording, Solving the condo conundrum: New regulations, rising costs, and aging structure. The event provided attendees with valuable advice and practical solutions on navigating the complex condo landscape, including:
  • Understanding new regulations: Dive into Senate Bill 4D and House Bill 1021, which mandate critical milestone inspections and structural integrity reserve studies (SIRS). Learn how these requirements impact financial planning and property maintenance.
  • Managing rising costs: Gain insights into the recent surge in property insurance premiums, supplies and labor. Understand the implications for your condo association and explore strategies to mitigate financial burdens.
  • Statewide inspection plan expansion: Building on the existing 40-year inspection requirements in Miami-Dade and Broward counties, this statewide plan aligns with the recertification process long established in South Florida.
  • Continuing education for board members: Learn about Florida's continuing education requirements for condo board members. Understand how these educational opportunities can empower you to improve governance within your association.
  • Considering condo terminations: Discuss the complexities around the potential dissolution of associations, what it entails, and how to make informed decisions that benefit all homeowners.
Be sure to share with your fellow board members! 

 *FirstService urges boards to consult their association attorney about specific situations. 


Recording date: 11/12/2024