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Category: Structural Integrity Reserve Studies

Helping you understand community association business with industry leading insight.

Florida Legislative Update: Structural Integrity Reserve Studies

On June 23, 2025, Governor DeSantis signed into law House Bill 913, which clarified and updated various facets of legislation surrounding Structural Integrity Reserve Studies (SIRS). The bill, which focuses on condo safety and financial relief, may have a direct impact on condominiums that are required to conduct a SIRS.

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FL Funding Methods

Florida Reserve Funding Methods: Component, Cash Flow & Switching

Funding using the component method was legally required in Florida for decades, but since the administrative code was adjusted in 2002, many associations have adopted the cash flow method, or pooled reserves. So, what are the component and cash flow methods, why would an association choose cash flow, and how do they make the switch?

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Navigating Financial Challenges: Structural Integrity Reserve Studies

Ensuring the structural integrity of buildings is a primary concern for community associations in Florida, where climate and weather events can pose a significant threat to buildings and their residents. Structural Integrity Reserve Studies (SIRS) address this, but the financial implications of the required implementation of these studies have proven a significant challenge for many associations.

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Florida Condo

Choosing a Structural Integrity Reserve Study (SIRS) Provider

By now, if you have buildings of 3 or more stories, your condominium association or co-op has hopefully begun the process of fulfilling Florida’s structural integrity reserve study (SIRS) requirements and, if applicable, milestone inspection requirements. Because these laws are new, it can be understandably stressful or conflicting to choose a firm to conduct your SIRS or milestone inspection. Every community has different needs, so what route is best for your association?

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Legislation

Legislation Regarding Structural Integrity and Condo Safety

Since Surfside, condominiums throughout the nation have been evacuated as a result of safety concerns. Horizon West (Waukesha, WI), Port Royale (Miami Beach, FL), Renaissance Tower (Myrtle Beach, SC), and Camelback Village (Olney, MD) to name a few. Many states, and in some cases, counties, have taken action to address the issue of aging infrastructure.

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