The New Condo Coalition: South Florida Condo Owners Fight Back Against Milestone Inspection Laws

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In this video, I dive into the new Condo Coalition forming across South Florida as condo owners unite to push back against Florida’s controversial Milestone Inspection laws. These new regulations are forcing condo associations to conduct expensive inspections, which are leading to massive assessments and unexpected costs for residents.

For many condo owners, this has created serious financial stress, with some being hit with bills in the tens of thousands of dollars to meet compliance standards. Join me as I explore the impact these laws are having on local communities and how this new coalition plans to fight for more reasonable solutions.

If you own a condo in South Florida or are considering buying one, you won’t want to miss this important update on the evolving situation and what it could mean for the future of condo living in the Sunshine State.

Don't forget to like, comment, and subscribe for more updates on the South Florida real estate market and lifestyle!

#CondoCoalition #SouthFloridaCondos #FloridaRealEstate #MilestoneInspections #CondoLiving #PalmBeachesPaul #SouthFloridaNews #realestateupdate

Video Source Credits:

Paul G. Lykins
Broker Associate
True Floridian Realty
Direct: 561-877-3074

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Disclaimer: I am not a lawyer, CPA, or financial advisor and any info in this or any of Palm Beaches Paul's videos are my opinion only and for entertainment purposes only. I am a licensed Florida Realtor (BK-3265266) and can only advise you about buying or selling in the state of Florida; however, I can refer you to an agent in your state if needed (I will earn a referrall fee ). Do not base your decision to buy or sell real estate solely from watching any of Palm Beaches Paul's videos and always consult a licensed professional or lawyer.



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Condo Owners have had 3 years to get the SIRS and milestone inspections done. These owners would rather risk another building collapse than to pay the higher fees. If they can't afford to live in a condo, then SELL the condo. These owners have been putting off maintenance for 30 years.

Andy_puglife
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They can fight all they want but it will be a tough battle and probably useless. What must happen is prices to go down in order for future owners to be able to afford paying for assessments, repairs, insurance, etc...Also building construction codes need to get even tougher...
Current owners will unfortunately get the shaft...
If you want to live where hurricanes hit, you should pay for it...

FLAC
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Building structural integrity inspections should have been on going for the life of the building. Buildings with issues where Inspections have been sidestepped by COA’s because the owners did not want to pay for inspections or repairs is on the COA. This is the “pay me now or pay me later” plan. Sellers of condos must disclose any condition to buyers that affects the value of the unit/home, before the purchase. Also, buyers of condos managed by COA’s in the state of Florida, once a purchase contact has been executed, have 3 days to review the condo docs and cancel the contract with no penalty, for any reason, if they decide to walk on the purchase. This is why it’s extremely important for buyers, whether you are buying, a single family home, a townhome (HOA) of condo (COA) have your own representation on the buy side of a Realestate transaction. What the new law in Fl did was expose how poorly managed and flawed COA’s can be. Allowing home owners to be in charge of a COA is like allowing the fox to guard the henhouse. “Caveat Emptor”!

jackf.
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People making $50K a year don’t stand a chance of existing in South Florida.

kevinschlosberg
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Government should not get involved in the business of ensuring the structural safety of condo buildings by passing a one-size-fits-all law on condo buildings. Let condo owners decide their own safety and fate. If condo buildings collapse, if people die, oh well, that's what property insurance and life insurance are for. Mandating property owners to fix potential problems in their buildings would cause astronomical and unnecessary costs.

jaxabe
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All resistance is futile. Desantis and big insurance and developers will CRUSH this. Notice his words "we are not going to change the date "... "Cooperate and you will live...resist..and you be crushed. " This guy needs to go !

ristainoj
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As a former LCAM in Broward and Miami-Dade County, the Condo Coalition needs to go after the insurance industry by putting pressure on the governor’s office, the Florida Senate, and the Florida Department of Business and Professional Regulation. Maybe it would be easier to pay for milestone repairs if insurance wasn’t half of almost any condominium building’s annual budget. There is an insurance mafia in Florida looking to seize your condo by squeezing you out. Make the state accountable by regulating the insurance industry.

ea
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The guy who's got the $224, 000 special assessment (if it is the same guy you are talking about) is trying to sell his condo for $499, 000. His condo has been on the market for quite a while, and remains unsold to my knowledge. Where is the "millions of dollars" coming from??

gabyfields
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if the structural studies dont stick to timeline and another building falls, politicians will be held accountable and they cant risk that

hikefrost
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How many months was the $3000/month assessment for?

bcamk
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The best part of this video was the Halloween decorations!! West Palm Condo owner

Cherylini
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DeathSantis doesn't give a damn. He only cares about one address: 1600 Pennsylvania Avenue. Anything and everything the man does is focused on achieving that address.

So now that a significant opposition is developing over these rules, you can bet that he will be forced to take action. For the simple fact that to not do anything would hamper his efforts at securing lodging in the above mentioned home.

Personally I am glad to see these people taking action. The rules are egregious and will destroy the condo market in this state. Obviously something had to be done, but as usual, they went too far/down the wrong road. I will not live anywhere else but Florida, but I still prefer to refer to this place as Flori-Duh~

Great video!

FliesFLL
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Hello how is the real estate market for land with home central Fl, Will it go up in value ?

pamelagonzalez