Florida condo and HOA owners are pouring millions into reserves and milestone repairs...but what guarantees protect those funds? This week on Condo Craze and HOAs, we break down Florida’s insurance and fidelity bond requirements, why boards must confirm coverage, and how theft has happened in real cases. Learn what every board member needs to do now to safeguard association money and avoid liability.

The Florida Legislature just passed a massive 191-page condo reform bill, bringing major changes to how reserve funds are handled. For the first time, associations may fund reserves using lines of credit—creating a cycle of debt. Temporary pauses on reserve contributions are also allowed, but only under strict conditions. This is just the beginning. In this post, we break down the biggest changes, starting with reserve funding. Want more? Watch our latest Condo Craze and HOAs