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What questions Tampa Bay condo associations are asking after Surfside collapse (FL)

It’s been a little over two months since the sudden collapse of Champlain Towers South in Surfside on June 24, which killed 98 people.  The tragedy has prompted many condo associations, lawyers and consumer advocates to reassess Florida’s laws surrounding inspections and maintenance funding, after it was revealed that Champlain Towers South had just over $777,000 in reserves to pay for what was estimated by inspectors as a $16.2 million repair bill.    Read the entire article……………………………….

Community Associations



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Rates posted assumes 25% down payment, and an ARM and fixed rate first mortgage options on a Florida condotel, secondary residence. Additional required amounts such as taxes, insurance, home owner association dues, assessments, flood insurance or other such required payments should also be considered. Not all individuals will qualify for a mortgage loan. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. **Posted APR is based on Mortgage Assumptions
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