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With massive fees swamping Florida condo owners, Gov. Ron DeSantis is considering a special legislative session.
DeSantis says it's up to the legislature to convene a special session to fix the condo law that has led massive reserve increases by requiring condo buildings 3-stories or more stories to receive an inspection after 30 years.
Condo associations also are required to fund the necessary reserves needed to pay for large maintenance repairs, including roof replacements, structural upkeep or replacements. The law is a reaction to the collapse of the condo building in Surfside that killed 98 people.
According to Newsweek, nearly 90 percent of condos for sale in Miami are more than 30 years old, while only 3 percent are less than a decade old.
“The Legislature did this, they did hearings and stuff and I was like OK, fine,” DeSantis said. “But there was always the possibility that there could be unintended consequences, so they owe it to their constituents to listen to them, to figure out.”
Under Florida’s constitution, a special session can be convened by DeSantis, by the leaders of the House and Senate or by a vote of no less than 60% of the rank-and-file members of the Legislature.