New Florida Condo Laws
Here’s What That Means for You As of July 1st
Whether you already own a condo, sit on a condo board, or are thinking about buying one, important changes to Florida condo laws are going into effect starting July 1st—and they’ll impact how condos are managed, inspected, and sold across the state.
These updates were passed to make condo living safer, more transparent, and more financially prepared—especially in light of recent tragedies and concerns about building maintenance. But what do these changes actually mean for you? Let’s summarize some key changes!
Let’s break it down in simple, real-world terms:
More Time for Required Building Inspections
Condo buildings (especially those 3 stories or taller and over 30 years old) are now required to go through two key safety checks:
Milestone inspections (structural safety)
SIRS (Structural Integrity Reserve Studies) – a deep dive into what major repairs are needed and how much to save for them.
Good news: The deadline to complete these has been extended to December 31, 2025. This gives condo associations a bit more breathing room to get it right, without rushing important safety decisions.
Reserve Funding Can Be Temporarily Paused
Every association is supposed to set aside money for big repairs (like roof replacements, concrete work, etc.). But we know it’s not always easy to come up with those funds quickly.
Now, after completing a milestone inspection, associations can pause reserve contributions for up to two years, giving them time to regroup financially.
They can also use a line of credit to fund reserves—with approval from the owners—rather than immediately charging high assessments.
More Transparency for Owners & Buyers
If you’ve ever felt in the dark about what’s happening with your condo board—those days are (hopefully) numbered.
Associations with 25 units or more must now maintain a website where they post:
The last 12 months of approved meeting minutes
Important documents
Financial records
This makes it easier for owners to stay informed—and gives buyers peace of mind before committing to a purchase.
Buyers Get More Time to Cancel Contracts
In the past, once buyers received the condo documents, they had just 3 days to cancel if something didn’t sit right. Now? They get 7 full days.
This small but meaningful change gives buyers more time to understand what they’re buying into—especially when it comes to fees, reserves, and association rules.
Virtual Meetings & Video Recordings
Condo boards can now hold meetings virtually—including committee meetings. And in some cases, they must record and post them online.
This helps keep things accessible, especially for seasonal residents or owners who travel often. It’s one more way to improve transparency and communication.
Time to Review Fine & Suspension Rules
If you’re on a condo board, this is your reminder to review your rules around fining and suspensions. Make sure they align with the updated state law—it’s a good time to clean up the language and policies so they’re fair, clear, and enforceable.
What This Means for You
These law changes are all about making condo living safer, more financially responsible, and more transparent for everyone involved. Whether you’re buying, selling, or already living in a condo, being informed is key to protecting your investment and your peace of mind.
Want to Stay in the Know?
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Want to read the new law in full?
You can access it here:
👉 https://www.flsenate.gov/Session/Bill/2025/913
