Condo Owners Could Be Caught Short By Recertification Mandates

Florida marks the two-year anniversary of the Champlain Towers South condominium collapse in Surfside tomorrow. Recertification laws passed after the tragedy could leave many condo owners with a rude awakening.

That wakeup call comes in the form of special assessments of up to six figures for owners of older two-bedroom condos. The special assessments are needed to bring buildings in line with newly established standards.