Expert Civil, Structural and Environmental Engineers in Tampa, FL

A recent new law in Florida may have condo associations scrambling to change how they address property maintenance issues. This will have a trickle down effect on condo owners and their regular association dues. Many condo owners will echo the question raised by insurance experts: “Is my condo facility safe?”  Is Your Condo Facility Safe?  Condo associations serve important functions for their individual owners. Families and individuals that purchase a condominium do so for various reasons. Among them are freedom from extraneous property maintenance chores like mowing, landscaping, parking lot maintenance, and overall building upkeep.  The inside of the individual condo is the owner’s responsibility but the exterior and overall upkeep of the property is the responsibility of the condo association. Each condo owner pays regular dues to be free from those general maintenance responsibilities. But what happens when the association is not addressing maintenance issues or putting enough money away to address problems?  A telling article in the Tampa Bay Times revealed that, “Florida has more than 1.5 million residential condos, and of those, nearly 600,000 are at least 40 years old. Some 2 million people live in condos 30 years or older. Nearly 142,000 condominium units in the state are 20 to 30 years old. The numbers reflect how many condos are potentially waiting for age-related repairs.”  New...