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  • WPBF News 25

    'Three times the amount': Stuart condo board members concerned about costly fees after Surfside collapse

    By Angela Rozier,

    2024-05-10
    Comments / 12
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    Rafael Pineiro
    05-11
    They are just now figuring this out, or is it a slow news day. The reality is that Condo boards which unbeknown to most have the power to run things as they daw fit. voted year after year tnot to fund reserves or make needed repairs all up and down the coast. Surely was easier to vote this way to avoid dealing with fellow owners complain about constant increases. Surfside collapse demonstrated that boards needed to be regulated, and in fact the law has teeth to the point of imprisonment for non compliance. So now condo owners are having to pay the piper, proving the axiom that there is no free lunch. Of course there are exceptions, but for the most part its just time to pay the piper.
    Air Assault!
    05-11
    Don't expect any help from our republican state government. They recently received $6 million from the insurance industry.
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