A new Florida condominium law is affecting the Sunshine State’s real estate market. The new measure requires costly inspections, significantly increasing homeowners’ costs.
The law — Senate Bill 4D — was passed during a special session in 2022 and requires condominium associations to retain adequate funds for building repairs. Buildings three stories or higher are subject to inspection requirements.
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Floridians with developmental disabilities will benefit from a record level of funding for direct services after Gov. Ron DeSantis announced a multi-billion dollar investment from the state.
DeSantis spoke at the Els Center in Jupiter on Monday and announced that as part of the Live Healthy legislation spearheaded by Senate President Kathleen Passidomo, R-Naples, and his Focus on Florida’s Bright Future Budget that $2.2 billion will be going to the Agency for Persons with Disabilities for services through the iBudget waiver.
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