Both the condo relief bill and HB 393 will take effect on July 1, 2025, with HB 393 implementing immediate changes.

On June 23, 2025, Governor Ron DeSantis signed new legislation aimed at easing the financial burdens on Florida condominium owners, particularly those impacted by increased costs following stricter regulations after the 2021 Surfside condo collapse.

The tragic Surfside incident, which resulted in 98 deaths, led to a 2022 law that mandated inspections for condo developments and required associations to maintain adequate reserve funds, ultimately causing higher fees for owners.

Senator Ed Hooper highlighted the need for reform, noting that many elderly residents were losing their homes due to rising HOA fees, suggesting that previous regulations may have been an overreaction.

The new bill empowers condo owners to engage more actively in association decision-making and grants them access to financial records, enhancing transparency.

While condo owners and lawmakers acknowledge the new laws as a step in the right direction, they agree that more needs to be done to lower costs and improve management within condominium associations.

Key provisions of the legislation include a requirement for 75% owner approval for grant applications and a funding match structure for roof improvements, addressing financial challenges faced by condo associations.

Additionally, the bill extends the deadline for condo associations to conduct structural integrity reserve studies, preventing sudden fee assessments on owners.

To enhance transparency, the legislation mandates that community association managers provide more detailed information about their online licensure.

Related legislation, HB 393, extends the My Safe Florida Condominium Pilot Program, offering up to $175,000 for associations to improve building safety using previously unspent funds.

During a press conference, DeSantis emphasized the importance of affordable living options for condo owners, particularly in light of rising assessments and the financial strain on residents.

Despite the new law, condo association president Ronni Drimmer expressed ongoing concerns about high property insurance costs and management inefficiencies that remain unaddressed.