Double whammy: Florida condo market grapples with rising insurance costs, milestone inspections
Housing Wire
JULY 24, 2024
What is happening with condos is that we have the condo safety act that was implemented, and the milestone inspections, and then the reserve fundings that are going to be required,“ Pithers added. Then those milestone inspections are forcing associations to do work that makes their complexes more attractive as an insured risk.
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