In the News: Florida condo owners face December 31 inspection deadline
Condominium Advisory Group
Florida Condominium Association Advisory Services
As the December 31 inspection deadline looms, Florida condo owners are under pressure to address years of deferred maintenance. WFLA News Channel 8 reports that while state lawmakers plan to revisit the issue at the next session, experts like John Cadden stress the need for immediate action and owner accountability.
“You voted for the people running your association and benefited from lower dues. Now it’s time to pay the bill,” Cadden said. He encourages owners to take an active role in their community: “Attend board meetings, review the information, and ask questions. Don’t remain passive. Stay informed and actively participate in your community.”
With only weeks remaining, experts warn that this issue won’t resolve itself. Owners must act now to ensure safety, avoid costly compliance issues, and plan financially for the future.
"My Safe Florida Condo" program: Helping Florida condo owners prepare for hurricanes
A recent WESH 2 News article highlights the "My Safe Florida Condo" program as a valuable resource for Florida condo owners looking to protect their properties from hurricanes.
This initiative provides free inspections and grants to eligible condominium associations, covering up to $175,000 in hurricane-resistant upgrades. As John Cadden emphasizes, “For every dollar you put up, they’ll put up two, for your project, up to $175,000.”
With benefits such as potential wind insurance savings and enhanced storm resilience, this is the perfect opportunity for condo owners to take proactive measures.
Featured Insights!
What is a Milestone Report, and what are its requirements?
A milestone report is a critical structural inspection required for condominiums, particularly for aging buildings, to assess their safety and longevity. It is especially important due to the SB 4-D mandate, which requires regular inspections to ensure compliance with Florida's safety regulations.?
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The report identifies potential structural issues, helping condominium associations prioritize repairs and maintain the safety of residents.
From Tragedy to Transformation: An Inside Look at the Future of Condo Associations in Florida
Florida condo associations are navigating a shifting landscape with new regulations, evolving resident expectations, and increased emphasis on safety and accountability. Changing legal requirements and demographic trends reshape how associations manage properties and engage with residents. Understanding these developments can help current and future condo owners stay informed about shared property management's future and its potential impacts on their investments.
We'll continue to share in-depth information on the Florida Building Safety Act and offer resources and success stories from our satisfied clients. We believe in knowledge-sharing and are excited to contribute to your understanding of the changes in the real estate landscape in Florida.
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Regards,
Condominium Advisory Group Team