MIAMI (AP) — Condominium and homeowner associations must now make financial statements and structural safety reports public under a new law approved by the Miami-Dade County Commission.
The law approved Tuesday was proposed after the Champlain Towers South condominium collapsed on June 24, killing 98 people.
Associations must upload financial and maintenance documents in a county database available to the public by February 2023.
Florida law currently requires condo sellers to turn over financial documents and reports on assessments to buyers once a sales contract is signed, if the buyer requests the paperwork.
Miami-Dade Mayor Daniella Levine Cava says she expects the rest of the state to consider making similar requirements.
