Florida community association board members and property managers received important news this month with the passage of Senate Bill 328, signed into law by Governor Ron DeSantis on June 20, 2025. The new law offers some financial relief and administrative breathing room for condominium associations grappling with the challenges of post-Surfside safety reforms.
Breaking Down the … Read More ›
The Illinois Unclaimed Property Act is a consumer protection law passed in 1961 and significantly amended in 2017 to align with modern standards and best practices. The law governs how Illinois businesses and organizations must handle and report abandoned or unclaimed property. The Illinois Unclaimed Property Act applies to:
Condominium, homeowner (HOA), and townhome community associations
Landlords, … Read More ›
Florida House Bill 913 focuses on structural safety, transparency, and oversight in condominium and cooperative associations, particularly for buildings with three or more habitable stories. The bill brings notable changes to SIRS (Structural Integrity Reserve Studies), milestone inspections, conflict of interest rules, and manager regulations.
Florida House Bill 913 was passed by the Florida House on … Read More ›
Florida House Bill 393 introduces key amendments to Section 215.55871, Florida Statutes, enhancing the My Safe Florida Condominium Pilot Program. This state initiative provides licensed hurricane mitigation inspections and financial grants to eligible condominium associations, helping them strengthen structural resilience and better protect against hurricane-related damage.
The recent legislative updates aim to clarify eligibility, streamline application … Read More ›