Industry experts warn that new measures offer flexibility without easing owners’ repair burdens
Florida’s 2025 legislative session ended with a narrow win for condo associations but no real relief for many condo owners facing steep repair costs. Lawmakers approved Senate Bill 1742 and House Bill 913, which pushed back the structural inspection and reserve study (SIRS) deadline to December 31, 2025. They allowed associations to pause or reduce reserve funding temporarily and even use loans or lines of credit to meet requirements. Despite these flexibilities, many in the industry argue the measures fall short of true financial aid.
Related resource:
Florida Condo Associations Miss Key Inspection Deadline—What Happens Next?
“I think that the intent was good, but the reality is that the major item that everyone wanted was financial relief,” said John Cadden, managing principal of Condominium Advisory Group. “I don’t think this provided any straightforward financial relief to any association.”
With inspections looming and costs rising, struggling associations may still face special assessments and declining property values, leaving owners bracing for hard choices ahead.
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