Condos in crisis? Local experts anticipate law changes, insurance hikes for condo owners

In the aftermath of the Champlain Towers South condo collapse that killed 98 people in Surfside near Miami in June, the lack of state regulations regarding inspections of mid-rise and high-rise condo towers became clear.

Only two counties in all of Florida — Broward and Miami Dade — require the recertification of buildings, and that process only begins once a building has reached its 40th year.

Local and state government in the rest of Florida do not currently have any requirements regarding verifying the structural integrity of condo buildings in their jurisdictions.

That's likely to change, according to a panel of experts who spoke in Sarasota this week.

https://www.heraldtribune.com/story/business/real-estate/2021/10/15/sarasota-experts-discuss-impacts-surfside-condo-collapse-law-changes-expected/8449777002/