Risk Briefs

It’s only a matter of time before a condominium association will need to hire a contractor for a construction project on the property. In fact, hiring professionals to rebuild, renovate or repair association property is one of the most important duties of association board members. These hiring decisions cannot be taken lightly, as they can significantly affect the value of unit owners' homes.

Florida enacted a new “milestone inspection” requirement for condominium associations to ensure aging buildings remain safe for continued use. The hope is that a statewide mandatory structural inspection requirement will prevent a repeat of last year’s tragic collapse in Surfside, Florida. Here are five things every condominium association board member needs to know about Florida’s new milestone inspection requirement.