South Florida real estate attorney Bill Sklar on a Florida task force examining condo laws after the Surfside collapse to determine if changes are needed.
Engineers say it can take just 30 years for condominium buildings to reach a point when owners can no longer delay making critical repairs.
In the Miami region, two out of every three condo buildings are more than 30 years old, according to data compiled by real-estate data firm Zillow for The Wall Street Journal. In at least seven other Florida cities, some three-quarters of condo buildings have hit that age.
Many of the aging towers line the beachfront, where salt corrosion and other forces are speeding their decline. That is leaving thousands of buildings saddled with multimillion-dollar repair costs and little notion of how to pay for them.
Investigation: Lax enforcement leaves South Florida condos at risk, Surfside catastrophe reveals
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Surfside exposes lax oversight of aging Florida condos - South Florida Sun-Sentinel
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Did Surfside building official mishandle engineer s report on doomed condo? Experts think so
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Miami-Dade Considers Building Reform After Condo Collapse
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