“Basically you’re handing off the keys into the developers and also the accommodations to dictate whatever home legal rights unit owners have,” he claimed.

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“What’s the worth if you don’t have anything outside of your unit and you also don’t have the appropriate to manage your assessments?” mentioned Pardo.

Uncertainty regarding how these adjustments will pan out is currently causing some to rethink condo possession.

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Last thirty day period Gov. Ron DeSantis signed a sweeping Monthly bill that strengthens oversight of condominium boards. Dubbed condo 3.0, the law could give developers far more Handle above prevalent spaces in combined-use condo buildings.

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established criminal penalties for condo board customers who acknowledge kickbacks; engage in voting fraud related to board elections; or fail to maintain or present usage of community information.

Stevan Pardo, a Miami lawyer who productively represented the Carillon Miami Beach front condo association within a lawsuit they introduced towards the developer in excess of common spaces, reported the regulation enables builders to boost assessments without having approval with the condo board.