Among the reforms that followed the 2021 Surfside collapse, Florida moved to make condominium records more accessible. Under changes enacted in HB 1021 (2024), condominium associations at or above a unit threshold (reported as 25 units) are required to maintain a website or mobile application and post digital copies of their official records there for owners.
Why this matters if you're buying
The records an association must keep and make available typically include the budget, financial reports, the declaration and bylaws, insurance information, contracts, and recent meeting minutes. The more of that an association publishes, the easier it is to answer the question that decides a condo purchase: is this building financially sound, or is a large assessment coming?
What to look for
- The reserve study and how fully reserves are funded against it
- The current-year budget and whether it balances without dipping into reserves
- Recent meeting minutes mentioning repairs, litigation, or proposed special assessments
- For buildings three stories or taller, the structural inspection and reserve study status
The limits of the law
The disclosure requirement is meaningful, but it is not self-enforcing. There is no automatic fine for a non-compliant website. Enforcement runs through complaints to the state's Division of Condominiums, arbitration, and owner civil actions. Separately, an owner's formal records request under Florida Statutes §718.111(12) carries its own penalties if ignored. Requirements and deadlines have shifted across several 2022 to 2025 laws, so confirm the current rules with the Division of Condominiums or counsel before relying on them.
The practical takeaway for a buyer is simple: more of what you need is now available online, and where it isn't, you can ask for it before you sign.