Steven Cronig Discusses What Condominium Boards Need to Know About New Amendments to the Florida Condominium Statute
Miami-based Hinshaw partner Steven Cronig has published a byline in the Daily Business Review titled "What S. Fla. Condominium Boards and Attorneys Need to Know About the Amendments to the Fla. Condominium Statute." The article discusses new amendments to the Florida Condominium Act enacted in response to the 2021 Champlain Towers disaster and the new obligations these amendments place on condominium associations.
Cronig outlines the new requirements for condominium associations, including mandatory structural inspections of their buildings, disclosure of the results of those structural inspections, and an obligation to obtain a structural integrity reserve study (SIRS) to pay for maintenance and repairs of the structural components of the condominiums.
He approves of these amendments adding, "In my opinion, the new law is a long-overdue change."
Read the full article (subscription required)
"What S. Fla. Condominium Boards and Attorneys Need to Know About the Amendments to the Fla. Condominium Statute" was published by Daily Business Review on June 22, 2022.