The impact of the new laws will be far-reaching and a form of gentrification, according to one expert. Per the new law, older condo buildings three stories or higher now require inspections and fully funded reserves. The inspections are mandatory for buildings 30 years or older and now must be done in each Florida county, not just Miami Dade and Broward. If the assessments are prohibitive for current residents, especially seniors on fixed incomes, Read the entire article……………………………….
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