Seniors in Florida Are ‘Terrified’ That The Condo Crisis May Leave Them Without Housing

Residential Condominium in Surfside, FL – Courtesy: Shutterstock – Image by Blueee77 A South Florida realtor told Newsweek that the soaring expenses of homeowners association (HOA) dues and property insurance are putting so much pressure on seniors in the Sunshine State that many are at risk of going without housing. According to the Miami Herald,

Florida building collapse investigation to start structural testing

Residential Condominium in Surfside, FL – Courtesy: Shutterstock – Image by Blueee77 The federal investigation into the devastating collapse of a beachfront condominium building in Surfside, Florida is entering a new phase that involves drilling and cutting into steel and concrete to determine what role the materials played in the disaster, officials announced on Wednesday.

Concerns have been raised regarding Florida’s new condo inspection law

Aerial View of Sunny Isles Beach Condo Area – Courtesy: Shutterstock – Image by Mia2you Several weeks after Florida lawmakers enacted a bill requiring existing condominiums to undergo safety assessments to maintain their structural integrity, Central Florida condominium association members had many questions regarding how the new regulations would affect owners. “It all depends on

Victims of the Surfside condo collapse may receive almost $1bn in settlement

Surfside Building Collapse Site – Courtesy: Shutterstock – Image by Felix Mizioznikov A tentative, nearly $1bn settlement has finally been reached in a class-action lawsuit brought together by the devastated families of survivors and victims of last June’s condominium collapse in Surfside, Florida, an attorney announced on Wednesday. Harley S. Tropin disclosed the $997m settlement