july, 2023

18jul5:30 pm7:30 pmMonthly Meeting - Tuesday, July 18, 2023 - SB154 Inspection & Reserve Glitch Bill - Click for more Info

Event Details

Are you wondering what the new requirements for Milestone Inspections and Structural Integrity Reserve Studies (SIRS) are now that the first “Glitch” legislation fixing previous issues has been passed and signed?  Are inspections required sooner for oceanfront buildings than inland ones?  Do you actually need an engineer or architect to conduct the inspections?  Is the deadline to complete these inspections/reports December 31, 2024, 2025, or 2026?  Can you use a building inspection report completed in 2020 to comply with these new inspection requirements?  Great, we have these reports… What do we do now?  What authority do local jurisdictions have to change these deadlines?  What is a Phase II inspection anyway?  When is SIRS funding required to be in place?  Can you pool non-SIRS and SIRS funding, and if so, can they be pooled together in the same account?

Our BAM community association legal experts, Katherine Hurst Miller and Erum Kistemaker, will be on hand to present the outcomes of the 2023 legislative session’s impacts on the ever-changing inspection and safety legislation.  What do we now have to do to comply, and what may still change in the future?  Found out during this discussion so you can keep your association ahead of the curve and advise your board about the proper actions needed to comply.

AFTER MEETING UPDATE

We had a wonderful night led by Rima Suleiman from Kistemaker Business Law Group (KBLG) and Tara Stone & Valerie Bender of Stone Building Solutions, conveying timely information about SB 154, the “glitch bill” associated with Milestone Inspections and Structural Integrity Reserve Studies.  Summaries from KBLG are below:

SB154-Milestone Inspections

Summary of SB 154

A Youtube video mirroring the presentation made by Stone Building Solutions is linked below:

Milestone & SIRS – SB 154

PDFs of the presentation and a cheat sheet are posted below:

Milestone, SIRS, & Other Condo Requirements

Milestone & SIRS – Cheat Sheet

We want to thank these two organizations for taking time to prepare and present this information.  Every condominium association in Florida should be preparing both the association and their members for the implications of these new building safety requirements.  As BAM members we always strive to stay ahead of the curve and provide sound, efficient, proactive services to our associations.

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Time

(Tuesday) 5:30 pm - 7:30 pm

Location

Halifax River Yacht Club

331 S Beach Street

Halifax River Yacht Club331 S Beach Street