On June 23, 2025, Governor DeSantis signed HB 913. This law is effective July 1, 2025. This is Part I of a two-part summary and contains the changes to the Condominium Act and Fla. Stat. 553.899, of which condominium...more
Florida law requires every condominium’s annual budget to include both operating expenses and reserves for capital expenditures and deferred maintenance. Operating expenses are those incurred during the day-to-day operations...more