New Legislation Signed by Governor DeSantis Aims to Deliver Relief and Reform for Florida Condo Owners

In a major move for Florida’s condominium community, Governor Ron DeSantis has signed two significant pieces of legislation—HB 913 and HB 393—designed to bring much-needed relief to condo owners across the state. These new laws aim to ease financial burdens, strengthen oversight of condo associations, and improve long-term building safety, transparency, and accountability.

The new legislation directly responds to mounting concerns from condo owners about rising maintenance costs, limited transparency, and lack of control within their associations. Key provisions of HB 913 allow for more flexibility in reserve funding requirements and defer costly safety compliance mandates. This includes a one-year extension for reserve study deadlines and a two-year pause on reserve fund contributions, giving associations time to prioritize essential repairs without immediately passing the cost to residents.

Additionally, HB 913 increases the threshold for repairs considered in the Structural Integrity Reserve Study (SIRS) from $10,000 to $25,000, helping associations focus on the most critical structural issues while reducing the immediate financial burden on owners. The legislation also empowers boards and unit owners to hold managers accountable, especially in cases of mismanagement or conflicts of interest.

HB 393 enhances the My Safe Florida Condo Pilot Program, streamlining access to safety improvement grants and reducing the unit owner approval threshold for upgrades. It also prioritizes funding for improvements like roof replacements that qualify for insurance discounts—potentially lowering monthly premiums for owners.

In the short term, these legislative changes may provide welcome relief to Florida condo owners, particularly those in older buildings facing expensive safety upgrades. By pausing reserve contributions and creating more flexible funding mechanisms, owners may avoid sudden, unaffordable assessments. This could stabilize or slightly improve condo market prices in buildings previously viewed as financially distressed or burdened by looming repair costs.

Buyers will also benefit from extended time—now seven days instead of three—to review financial documents, promoting more informed purchasing decisions. Increased transparency may rebuild confidence in certain buildings or associations that had previously discouraged buyer interest.

Over the long run, these reforms could bolster condo property values by increasing financial transparency, ensuring better management practices, and enforcing stricter building safety compliance. By mandating improved record-keeping, open communication, and electronic access to documents and meetings, the legislation encourages more active and informed participation by unit owners. Stronger oversight may also deter mismanagement and fraud, creating more stable and attractive investment opportunities.

Moreover, by linking state grants to insurance discounts and ensuring only safety-compliant buildings are eligible, HB 393 incentivizes long-term structural improvements—potentially leading to more resilient and insurable properties. This, combined with regulatory oversight and better-informed buyers, may strengthen the entire Florida condo market.

Governor DeSantis’s signing of HB 913 and HB 393 marks a turning point for Florida condo communities. These laws offer both immediate financial relief and a blueprint for a safer, more transparent, and better-managed future. For current and prospective condo owners, the changes promise to ease today’s cost pressures while laying the groundwork for healthier property values in the years ahead.