Expected implications for Florida's Milestone Inspections and Reserve Requirements?

[Jay Lutz]

Hi all, I'm curious to hear your thoughts about the new requirements for taller, older FL buildings. If you own a condo in one, are you planning on selling it? Do you feel your condo association is adequately prepared? Would you buy a unit in one of these buildings before the end of the year / before they have their inspection and reserves in order? Where/how are you preparing for / learning about these changes?

[Benjamin Aaker]

I've got a condo in a 3 story building in Treasure Island. Our condo is doing the required inspections. Condo fees are going up and one would think that would make prices drop. Prices have not dropped yet. Despite three hurricanes coming near the area in the past few years. It's still a great place to be.