The 2023 Florida Legislative Session made some changes to Senate Bill 4D, which was passed in 2022. Senate Bill 4D brought sweeping changes to how condominiums and cooperatives that are 3 stories or taller must fund their reserves. The 2023 updated bill, Senate Bill 154, was essentially a glitch bill that ironed out some of […]
new laws
Sweeping Reserve Funding Changes for Condos and Co-ops
Governor DeSantis on May 26th, 2022 signed into law SB 4D – Building Safety Act for condominium and cooperative associations. This bill applies to all condominiums and cooperatives with buildings that are 3 stories or more in height and was a passed in a special legislative session. This comes only 2+ months after the previous […]