Big news for Florida condo owners and associations: Governor Ron DeSantis is expected to sign a new law that brings key changes to the state’s condominium safety regulations. These updates aim to ease financial pressure on residents while still maintaining building safety, something that’s been front and center since the tragic Surfside collapse in 2021.
🔹 What’s Changing?
- Deadline Extension: The deadline for required structural integrity reserve studies has been pushed from December 31, 2025, to December 31, 2026.
- Assessment Relief: Condo associations can temporarily pause reserve funding for two years after a required milestone inspection.
- More Flexibility: Associations will also have greater leeway in meeting reserve requirements.
🔹 Why It Matters
Many condo owners faced overwhelming special assessments and rising fees due to tight deadlines. This bill, approved unanimously by the Florida House and Senate, acknowledges those struggles and gives communities breathing room to plan responsibly.
Whether you’re a condo owner, board member, or investor, these changes could affect your financial planning and future decisions. Let’s talk if you want to understand how these updates may impact your property or upcoming real estate goals. If you’re a condo owner considering selling your property in light of these new regulations, make sure you know how to price it correctly. Read our guide on setting a price for your home.
