Fla. Stat. § 718.112

Reserves and Structural Integrity Reserve Studies (SIRS)

reservessirssb-4dfinancialpost-surfside

Plain-English summary

Subsection (2)(f) of § 718.112 — the post-Surfside reserves overhaul. Requires every condominium of three or more stories to commission a Structural Integrity Reserve Study by December 31, 2024, and at least every 10 years thereafter. Funds for reserve items identified in the SIRS must be reserved (no waiving) starting with the 2025 budget year. This rewrote condo financial planning across Florida.

Not legal advice. Click through to the official source for statutory text.

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