[HN Gopher] Florida's new condo laws recognize the total price o...
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       Florida's new condo laws recognize the total price of living on the
       beach
        
       Author : rntn
       Score  : 15 points
       Date   : 2024-10-26 17:18 UTC (5 hours ago)
        
 (HTM) web link (theconversation.com)
 (TXT) w3m dump (theconversation.com)
        
       | cma wrote:
       | Shouldn't brand new ones and old ones get more inspections
       | (assuming bathtub curve applies to buildings), rather than
       | uniform?
        
         | 39896880 wrote:
         | Not a bad idea, but the purpose of the legislation is to
         | prevent Surfside from happening again. Newer buildings were
         | built with different regulations and brand new buildings likely
         | have fees commiserate with their age, as they were more
         | recently inspected.
        
         | nradov wrote:
         | Brand new ones are periodically inspected by the local
         | government throughout the inspection process, and then a final
         | time before anyone is allowed to live there. Potential buyers
         | can also commission their own independent inspection.
        
       | bberenberg wrote:
       | I can't speak for FL, but in NYC I spent three years trying to
       | get my condo board to fix basic structural issues. I couldn't
       | ever win the votes needed and ultimately sold the spot and moved.
       | The level of negligence by owners (even ones who own investment
       | properties) is wild to me.
        
       | 486sx33 wrote:
       | It's really a bigger conversation about all condo units and
       | boards. Sometimes the reserves are chronically underfunded and
       | purchasers of resale older units don't know the condition.
       | Assessments and full transparency of previous board actions would
       | be very helpful to have as required disclosure to future
       | purchasers.
        
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       (page generated 2024-10-26 23:06 UTC)