MIAMI BUILDING COLLAPSE PROMPTS SARASOTA CONDO INSPECTION PROCESS REFORM

In the aftermath of the Miami building collapse, condo boards and property managers everywhere are getting a wake-up call. The Downtown Sarasota Condominium Association (DSCA) is planning a discussion of what requirements for inspections currently exist or should be considered. Over $60 million per year is spent on operating expenses including regular maintenance and structural inspections for repairs of condos in downtown Sarasota. 100% of the 32 condominiums/townhouses who participated in the DSCA’s survey responded that they require a reserve study at least every three years, with 20% of participants requiring it annually. However, these engineering and structural reports are not required by state or local municipalities, including in the City of Sarasota. In the DSCA’s planned forum, board member teams will meet with Associates to make decisions based on priority.

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Article and Photo Credit: Downtown Sarasota Condominium Association
https://downtownsarasotacondoassoc.com/downtown-sarasota-condo-members-to-discuss-building-inspections/