Webinar Recording: Solving the condo conundrum
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:
*FirstService urges boards to consult their association attorney about specific situations.
Recording date: 11/12/2024
- 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.
*FirstService urges boards to consult their association attorney about specific situations.
Recording date: 11/12/2024