People watch a partially collapsed Champlain Towers South building in Surfside north of Miami Beach on June 24, 2021. Credit: Fernando Medina/Shutterstock Are Homeowners Associations the Bad Guy or 'Ill-Equipped' Volunteers?
"In a perfect world, we'd be able to look at building or series of buildings in a community and do what the engineers require and recommend, but the reality is, it's a cost-driven process in the way that the industry is really structured right now," one Florida construction law attorney said.
June 30, 2021 at 03:52 PM
7 minute read
Real Estate
The original version of this story was published on Daily Business Review
After a disaster like Thursday's partial collapse of the Champlain Towers South building in Surfside, fingers are typically quick to point at condominium associations, often viewed as the bad guy for allegedly neglecting repairs or overlooking red flags. But is it as simple as that?
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