How Much Should a Condo Association Have in Reserves? Florida Condo Reserve Requirements

Welcome back to Real Estate EXPLAINED! This episode is about the new Safety Reform laws for Florida condominiums and Unveiling the Secrets of Condo Reserve Funding in Florida! Are you a condo owner or board member in Martin or St. Lucie

New Florida Reserve Study Requirements Under SB 4-D · Frequency: Reserve studies must be conducted every 10 years. · Initial Deadline: Existing As part of the information collected annually from condominiums, the division shall require condominium associations to report the membership vote and

These reserves must be based on a professional structural integrity reserve study (SIRS). While these requirements aim to prevent deferred maintenance and Is it mandatory a structural integrity reserve study #dailytips #condoliving #hoaliving #realestate Florida condo fees set to increase as new laws take effect in new year

Florida Condo Crisis: Rising HOA Fees and What You Need to Know In this informative video, Larry Mastropieri, the broker and Watch out for hidden costs in Florida condos A new law raised reserve requirements for many condo Structural Integrity Reserve Study

Attention, everyone! Here's the scoop on the special assessment reserve study: It applies to buildings with three or more units, WHAT YOU NEED TO KNOW- NEW FLORIDA CONDO LAW Why some Florida condo owners are being forced to sell Reserve hikes and high assessments are making it nearly impossible for

Florida Condo Owners: Big Changes Coming July 1 in Florida Chapter 718 Section 112 - 2019 Florida Statutes - The Florida Senate Is Your Condo Association SIRS-Ready? A recent report found that 62% of South Florida condo associations have missed

New Florida Condominium Law Starting in January, a new law mandates structural inspections for all condominium properties Florida condo owners get a funding reprieve! A new law lets associations temporarily pause reserve contributions if milestone

What Is A Florida Condo Structural Integrity Reserve Study? Answer: Reserve studies should be updated every three to five years, but Florida law now requires a Structural Integrity Reserve Study every 10

Florida's New Condo Law (HB 913) Takes Effect July 1 Major changes are coming for condo owners, boards, and buyers across Decades of negligence made meeting these requirements nearly impossible in a short time. Consider reserve inspections. Florida has introduced new safety regulations for condos following the tragic Surfside collapse. These changes are designed to

The Law and Rules Are Vastly Changing. The host for this show is Richard Emery. With the collapse of the Florida condominium Mastering Florida Condo Compliance Your Ultimate Reserve Study Guide

We're here to help provide transparency about Florida's new condo requirements and serve as a resource to help you understand them. FLORIDA CONDO CRISIS: An In-Depth Explanation (WHAT YOU NEED TO KNOW)

DBPR Condominium Information & Resources: Home #coastalestateteam #SIRS #floridacondo #buyingacondo #spacecoast #melbourneflorida #luxury #ocean

The Basics of Condo Association Reserve Funding What is Reserve Funding? Reserve funding refers to the money set aside by a Watch out for hidden costs in Florida condos A new law raised reserve requirements for many condo buildings, leaving some Understanding Reserve Studies What Condo Own #floridacondos #condosafety #realestatelaws

Florida's condo laws just changed—and if you're a buyer, seller, or owner, you need to know how this impacts your investment. Florida Condo Owners: New Laws Could Save You Thousands! (2025 Update) Florida Condo Laws Just Changed: What You MUST Know in 2025

Proposed rule changes for condos in Florida. Milestones studies and reserve requirement updates How Much Should a Condo Association Have in Reserves? There's no one definitive answer to this question, as the amount of

Did you know that by the end of 2024, Florida legislation requires condominiums that are at least three stories tall and within 3 Florida Condo Crisis: Rising HOA Fees and What You Need to Know Understanding Florida Condo Association Reserve Funding

Condo Reserve Studies: What You Need to Know Now "Our condominium has never funded reserves, and yet, the board has proposed and adopted a budget that provides for full

The Importance of a 30 Year Plan for Florida Condo Associations 🏠 Thinking about buying or investing in a Florida condo in 2025? You'll want to understand how Senate Bill 4-D (SB 4-D) is Florida Condo & HOA Law Updates 2025 | Financial Reporting, Budgets & Reserve Rules Explained

THE 3 THINGS YOU MUST KNOW BEFORE PURCHASING A CONDO IN FLORIDA THIS YEAR, AND NEXT! What You MUST Know Before Buying a Condo! Don't make these costly mistakes! In this video, we break down the key things

5 Key Condo Law Changes Every Florida Owner Must Know (HB 913) Maximize Your Condo's Value with Florida Reserve Funding Melinda Almonte Addresses New Florida Condo Reserve Requirements

Are you a condo owner in Florida or in the market to purchase a condo? Make sure to familiarize yourself with the new Florida This number has changed to $25,000.00 and is to be adjusted for inflation periodically by the state regulatory agency. Roofing, painting and Carolyn and Kellie discuss the impact of the Florida Law requiring some condos to have a Structural Integrity Reserve Study.

New Mandatory Reserve Requirements and Inspection for Florida Condominiums Ever wondered what a reserve study is? With Senate Bill 4D coming into effect, it's more crucial now that you do! Attorney Justin

New laws for condominium owners in Florida, structural integrity reserve studies and reserves! 2024 all condos MUST be fully funded. When considering a new build vs pre-existing condos let's discuss pros & cons. To learn Florida Reserve Study Requirements

Why some Florida condo owners are being forced to sell Reserve hikes and high assessments are making We delve into reserve studies for condos, crucial for financial planning. Discover how these studies assess funding for repairs and Condo associations now face stricter rules to keep buildings safe and financially secure. Boards must complete timely structural

Florida Condo Law Changes 2025: Big time impact for everyone! The new Florida condo law updates taking effect July 1, 2025, Florida's new condo laws bring short-term financial challenges, with tighter lender and insurer scrutiny. But these changes aim to Florida condo law just got tougher in 2025 🏢⚖️ #shorts

This is a preview. Watch the full video at Reserve Study - the Next Frontier (Condo Insider) Facing the Challenge: How Florida Condominiums Can Tackle

Time to Pay the Piper: New Mandatory Reserve Requirements for "New Condominium Law Tweaks Reserve Rules" – News-Press

Florida Condo Law: What You Need to Know About Florida Senate Bill 4-D Why Obtain a Condo Reserve Study - Benefits & Myths - Association Reserves Will Simons New Florida Condo Safety Rules: What You Need to Know About SIRS! #florida #floridarealestate

What Is The Condo Law In Florida For 2025? | CountyOffice News Florida law requires every condominium's annual budget to include both operating expenses and reserves for capital expenditures and deferred Relief for Florida Condo Owners

Deadlines, rules for condo reserves in Florida | Miami Herald Understanding the Importance of Reserves for Your Condo or HOA Episode 22: Condominium Funding Reserves - "Can They Do That?"

Condo Reserve Requirements In the dynamic landscape of condominium living in Florida, maintaining financial stability is paramount for the long-term Florida Real Estate Agents: Are you ready for the latest condo law overhaul? Governor DeSantis has signed HB 913,

Florida just passed House Bill 913 and it's a game changer for condo owners and buyers. From stricter inspections to higher Florida Condo Owners Brace for Impact of New Condo Reform/Reserve Requirements. Condominium Living explained structural integrity reserves study #condoliving #hoaliving #realestate

FLORIDA CONDO MARKET 2025 . What to know when considering a condo purchase . J2Porterteam What Condos Need Special Assessment?? FLORIDA CONDO CRISIS: An In-Depth Explanation. Florida's condo market is facing its biggest shake-up in decades, and over

In this video, Kara from Kelly, Grant & Tanis explains the latest Florida laws impacting condos, HOAs, and co-ops, focusing on Important! What is a Reserve Study?

What Is The Condo Law In Florida For 2025? Have you ever wanted to stay informed about the latest updates on Florida's condo Watch my new video discussing the financial impact facing Florida condo owners amid new Florida condo reform and reserve We break down the key changes in Florida's HB913, now law. Learn how this new law affects condo associations' finances and

Navigate the complexities of Florida's condo regulations with ease using FPAT's expert reserve study services, ensuring your Florida's Condo Law UPDATE What You Need To Know About Florida Senate Bill 4D | Milestone Inspections | Reserve Study

Florida condo owners: Your bills could drop soon! New laws might save you from massive fees. #RealEstateNews Gov. DeSantis signs HB 913 & HB 393 — big updates for condo owners: ✓ Delays reserve funding ✓ Boosts transparency

Major Condo Law Changes: Inspections & Reserve Requirements A major deadline for most condominiums in Florida is just more than 24 hours away, and it's likely to lead to higher fees for condo Florida's Surfside-inspired laws now require condo associations to inspect aging buildings and fully fund future repairs—no longer optional, but

Associations existing on or before July 1, 2022, must have a structural integrity reserve study (SIRS) completed by December 31, 2024, for each Melinda Almonte, Attorney, Financial Advisor, running for Florida House Of Representatives, District 106 addresses new Florida Florida Condominiums Have New Building and Reserve Funding

2025 Florida Condo Law Revisions: Structural Integrity Reserve Study (SIRS) Florida's HB913 Just Changed Condo Rules—Here Are the 5 Biggest Updates You Need to Know If you own, live in, or plan to

HB913: Florida Condo Law Changes Explained! PT 2 Do you have any idea how much money is enough money in a condo or homeowners association's reserve account? While there Condos have new financial requirements, and homeowners could feel it in the wallet. Florida is requiring all condo associations with

A conversation with Association Reserves President Will Simons on the importance of Reserve Studies. Please join us for his in Buyers, Owners Rush To Find Out Before 2025 This story appeared in the Miami Condo Market Intelligence Report™ newsletter. Florida Condo Law: NEW Reserve Fund Rules Explained #shorts

Florida Condo Law Changes 2025: Big Time Impact For Everyone! Florida Condo Owners: New HOA Laws Explained Florida 2025 Condo Law: Funding Milestone Inspections & Reserves

How Much Should a Condo Association Have in Reserves? Major Changes to Florida Condo Laws – What Agents Need to Know (Effective July 1, 2025)