The deadly collapse of Champlain Towers South in Surfside has brought a little-noticed loophole in Florida law to the attention of lawyers, condo management companies, Realtors, insurance companies and consumer advocates. Called the “kick the can down the road” provision by one attorney, Section 718.112 of the Florida Condominium Act allows condominium associations to waive…
Day: July 9, 2021
Florida has collected millions for condoowner education. Lawmakers divertedthe money instead.
TALLAHASSEE, Fla. — The state of Florida collected $13.7 million in fees in 2020 from condominium owners associations, vacation timeshares and mobile home parks. But instead of using that money for its intended purpose — including training condo associations about things like maintenance — the Florida legislature swept $5 million of it into the state’s…