Senate Bill 154 emerged as a legislative response to address critical issues within Florida's condominium and cooperative associations. This landmark bill refined two essential requirements: milestone inspections and structural integrity reserve studies. These provisions, aimed at enhancing building safety, bring significant changes to the way these associations operate. As an amendment to Florida Statute 553.899 (previously known as Senate bill SB 4-D), SB 154 mandates non-waivable reserv … read more