South Florida’s Residential Markets on the Rise

Florida's latest community association bill (HB 1021) contains additional changes to the new condominium inspection and reserve requirements first introduced in 2022 — approximately one year after the collapse of Champlain Towers South. Some of the changes include a new exemption for milestone...

Florida HB 1021 introduces amendments to the state’s Condominium Act, notably creating a new section that legally recognizes "vertical subdivisions" within buildings and addresses the allocation of real estate taxes, maintenance responsibilities, and disclosure requirements for condominiums wi...

In 2023, the Florida legislature shortened the statute of repose period for filing construction defects claims from ten years to seven years. However, the Florida legislature afforded a limited grace period through July 1, 2024 for claims that would have remained viable under the former, 10- year ve...