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FL S0690
Bill
Status
Failed
6/16/2025
Primary Sponsor
Rosalind Osgood
Click for details
AI Summary
- Condominium associations governing buildings six stories or more in height, as determined by the Florida Building Code, must conduct a structural integrity reserve study to estimate future maintenance, repair, and replacement costs of common elements and fund adequate reserves
- Condominium associations governing buildings five stories or less are not required to conduct a structural integrity reserve study
- Associations for buildings five stories or less may waive or reduce reserve contributions by a majority vote of unit owners present at a duly called meeting
- Any structural integrity reserve study conducted under the new provisions must comply with standards established under s. 718.112(2)(g) of Florida law
- The act would take effect July 1, 2025
Legislative Description
Condominium Structural Integrity Reserve Studies
Last Action
Died in Regulated Industries
6/16/2025
Full Bill Text
No bill text available