No plans for special session in Tallahassee to resolve Florida’s “condominium crisis”
Concerns about rising condo costs
Despite calls for Florida lawmakers to address the so-called condo crisis, the state legislature will not hold a special session on the issue.
TAMPA, Florida. – Politicians in Tallahassee are rejecting calls for a special session to address what critics are calling a crisis for Florida’s homeowners.
In a letter, state Senate President Kathleen Passidomo said lawmakers could wait to address the issue until after the November election.
At issue is a Florida law that requires all three-story condominiums that are 30 years old – or 25 years old if they are located near saltwater – to be inspected for structural integrity by the end of this year and every 10 years thereafter.
PREVIOUS: Selling condos quickly before new inspection rule takes effect to prevent Surfside-like tragedies
Lawmakers passed the measure in response to the 2021 Surfside condo collapse that killed 98 people.
Inspections and repairs could cost homeowners associations millions of dollars, with much of the burden passed on to unit owners in the form of special assessments and higher monthly fees.
Before politicians abandoned the idea of a special session, former Senator Jeff Brandes urged lawmakers to take immediate action to avert financial ruin for some homeowners.
Gov. Ron DeSantis could call a session before lawmakers reconvene next March, but last month he left it up to them to decide whether it was necessary.
STAY CONNECTED WITH FOX 13 TAMPA:
