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Condominium Associations Condominiums Safety Standards

Bilzin Sumberg

A Key Deadline and Other Developments Looming for Condominiums

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As we approach the end of 2024, several legal and economic developments are coming to a head for condominiums. From a key statutory deadline and long-awaited court rulings to an imploding market for older condominium units,...more

Bilzin Sumberg

New Florida Condo Rules: Developer Buyouts Offer Lifelines to Owners

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The deadline for associations to receive their completed structural reserve studies is Dec. 31. Across the state, condo owners and their associations are going to soon be waking up to the reality that their financial...more

Bilzin Sumberg

Court Decision Hurts Florida Condo Owners Wishing to Sell

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Since the collapse of the Champlain Towers South three years ago, Florida has been scrambling to prevent another tragedy, instituting new laws and regulations to ensure condo building safety. Originally Published in the...more

Bilzin Sumberg

Rounding Up HB 1021’s Impact on Florida Condominiums

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CS/CS/CS/HB 1021 (“HB 1021”) covers many topics, including the statutory recognition of condominiums in vertical subdivisions and condominium building safety measures. However, the legislation is also a reaction to a slew of...more

Bilzin Sumberg

Time to Pay the Piper: New Mandatory Reserve Requirements for Florida Condominiums

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Florida law requires every condominium’s annual budget to include both operating expenses and reserves for capital expenditures and deferred maintenance. Operating expenses are those incurred during the day-to-day operations...more

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