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Barbara Schmal, who has been a real estate agent for three decades, told ABC Action News she’s never seen the Florida condo market experience such a low. Schmal adds this crisis is hitting folks ...
Under legislation passed by the Florida state Legislature following the Champlain Towers collapse, condo buildings over three stories and older than 30 years must pass a structural inspection by ...
Florida condominium owners are looking at higher costs from condo associations in the new year, a consequence of a safety law passed by state lawmakers in 2022. It requires associations to have ...
Since then, the term ‘condominium’, or ‘condo’ for short, has become a household word in the U.S. [48] Many Americans' first widespread awareness of condominium life came not from its largest cities but from South Florida, where developers had imported the condominium concept from Puerto Rico and used it to sell thousands of inexpensive ...
The Florida Legislature passed condo reform legislation in a May 2022 special session as Senate Bill 4-D, addressing issues highlighted in the aftermath of the Surfside collapse. [206] It was modeled on the 40 year recertification [207] scheme. [208] The bill creates a state-wide inspection program for condo buildings taller than three stories.
The Harbour Cay Condominium was a five-story flat plate residential development project in Cocoa Beach (Brevard County, Florida, United States) that collapsed during construction on March 27, 1981. Eleven workers were killed and 27 injured.
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