Florida Tightens Condo Protections—HB 913 Takes Effect July 1, 2025
Florida’s latest condominium reform, House Bill 913, brings sweeping updates effective July 1, 2025, designed to balance safety mandates with financial relief for associations and owners.
Reserve Requirements:
The threshold for structural expenditures in the Structural Integrity Reserve Study (SIRS) has been raised from $10,000 to $25,000, adjusted annually for inflation, focusing resources on critical repairs. Associations now may pause or reduce reserve contributions for up to two budgets after completing a milestone inspection, provided a new SIRS follows. Additionally, associations can use alternative funding—including loans or lines of credit—and may even suspend contributions if the building is deemed uninhabitable.
Inspection Requirements:
Milestone inspections now apply to buildings with three or more habitable stories. Local enforcement agencies must report results to the state by October 1, 2025, and repairs identified in phase-two inspections must begin within one year. The deadline to complete a required SIRS has been extended to December 31, 2025. Moreover, SIRS must include a “baseline” plan to ensure reserves never fall below zero.
Transparency Requirements:
Associations must post 12 months of approved board meeting minutes online, helping buyers identify special assessments before closing. For larger communities (150+ units), new record-keeping rules apply starting July 1, 2025, extending to smaller associations in January 2026. Minutes, recordings, and affidavits must be available online within 30 days. Buyers' document review period increases from 3 to 7 days.
State Requirements:
The DBPR’s oversight expands to include rulemaking for video meetings, online account requirements, and greater authority over insurance and reserve reporting. Associations must create and annually update an online account with the DBPR by October 1, 2025.
Association Requirements:
Community Association Managers (CAMs) face tighter rules—must maintain DBPR accounts, cannot re-enter the field for 10 years if their license is revoked, and must disclose conflicts of interest and bidding intentions in writing. Boards must also offer virtual meeting options, record meetings, and implement electronic voting if 25% of owners demand it.
In essence, Florida’s July 1, 2025 legislative reforms under HB 913 aim to preserve condominium safety while easing financial burdens—through heightened flexibility, boosted transparency, and strengthened oversight.
