A few extra steps are in line for condo buyers in Florida.
- [ ] Request the Estoppel Letter This legally binding document confirms if the seller owes back dues or if a costly Special Assessment has already been voted on by the HOA.
- [ ] Review the SIRS Report Funding Specifically examine the reserves allocated for the roof, elevators, and seawall. Underfunded reserves are a major red flag for future out-of-pocket costs.