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Miami-Dade approves public records for condo associations

Surfside
Posted at 8:52 AM, Mar 02, 2022
and last updated 2022-03-02 08:52:23-05

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.