March 02, 2022
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New law in Miami-Dade inspired by condominium collapse - WWSB

FILE - Rescue workers work in the rubble at the Champlain Towers South Condo in Surfside, Fla.,...
FILE - Rescue workers work in the rubble at the Champlain Towers South Condo in Surfside, Fla., in this Friday, June 25, 2021, file photo.

MIAMI (AP) - Condominium and homeowner associations must now make financial statements and structural safety reports public under a new law approved by the Miami-Dade County Commission.

The law approved Tuesday was proposed after the Champlain Towers South condominium collapsed on June 24, killing 98 people.

Associations must upload financial and maintenance documents in a county database available to the public by February 2023. Florida law currently requires condo sellers to turn over financial documents and reports on assessments to buyers once a sales contract is signed, if the buyer requests the paperwork.

Miami-Dade Mayor Daniella Levine Cava says she expects the rest of the state to consider making similar requirements.

Copyright 2022 The Associated Press. All rights reserved.



source: https://www.mysuncoast.com/2022/03/02/new-law-miami-dade-inspired-by-condominium-collapse/

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