Straight-Line vs. Pooled Reserve Funding: A 2026 Guide for Florida Condo Boards Last updated for 2026 Florida condominium reserve requirements. Florida condo boards commonly encounter this decision when preparing or updating a reserve study or Structural Integrity Reserve Study (SIRS). Should our reserves be funded using a straight-line (component) method or a pooled (cash-flow) method?….
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Florida Structural Integrity Reserve Study (SIRS): 2026 Compliance Guide for Condominium Associations [Sassy_Social_Share]
Florida Structural Integrity Reserve Study (SIRS): 2026 Compliance Guide for Condominium Associations Last updated: January 2026 Overview Florida’s Structural Integrity Reserve Study (SIRS) is a mandatory condominium reserve study focused on the structural safety and long-term reserve funding of condominium buildings three stories or higher. Enacted in response to the 2021 Surfside condominium collapse, SIRS….
What is Pooled Reserve Funding? A Practical Reserve Study Guide for Condos and HOAs [Sassy_Social_Share]
What Is Pooled Reserve Funding? A Practical Reserve Study Guide for Condos and HOAs Introduction Florida’s newer condominium reserve laws, particularly those tied to structural inspections, have many boards asking: “Should we switch to pooled reserve funding, and what does that really mean for our community?” This guide provides a detailed, practical explanation of pooled….
What Is Straight Line Funding? A Practical Reserve Study Guide for Florida Condos and HOAs [Sassy_Social_Share]
What Is Straight Line Funding? A Practical Reserve Study Guide for Condos and HOAs Introduction Reserve Studies and Structural Integrity Reserve Studies (SIRS) are a vital planning tool for condominium and homeowners association (HOA) communities, helping boards plan for long-term capital repairs and replacements. They help ensure that funds will be available to repair or….
Commercial Building Inspection: Three Options [Sassy_Social_Share]
Criterium provides commercial building inspections and pre-purchase property evaluations to support buyers during real estate due diligence. Our inspections and reports are performed by licensed Professional Engineers and are designed to clearly explain a building’s condition, identify risks, and support informed purchase decisions. Findings may also assist in negotiating purchase terms when deficiencies are identified…..
How Much Does a Reserve Study Cost in Florida? [Sassy_Social_Share]
One of the most common questions asked by condominium and homeowners association boards across Florida is simple and reasonable: how much does a reserve study cost. The answer is rarely a single number. Reserve study pricing varies widely based on property characteristics, scope, and local conditions, particularly in South Florida markets like Miami, Fort Lauderdale,….
How Cost Segregation Studies Help Property Owners Maximize Tax Savings in 2025 [Sassy_Social_Share]
How Cost Segregation Studies Help Property Owners Maximize Tax Savings in 2025 As a property owner or investor, you’re always looking for ways to reduce tax liability and improve cash flow. A well-executed cost segregation study may offer substantial benefits by accelerating depreciation and unlocking value. In this article we’ll explain what a cost segregation….
Best Practices for Condominium and HOA Meeting Minutes [Sassy_Social_Share]
Best Practices for Condominium and HOA Meeting Minutes Condominiums and HOA communities come in a wide variety of shapes and sizes, but when it comes down to considering the differences of all condos great and small, one thing is consistent — meeting minutes. This basic management tool is guided by governing documents, IRS regulations, and….
Why Your Condo Needs a Reserve Study Update in South Florida [Sassy_Social_Share]
A Reserve Study is one of the most important financial planning tools a condominium or HOA board can use. It’s not a one-time exercise, but a living document that should be refreshed as conditions, costs, and regulations change. Unfortunately, many associations in Miami-Dade, Broward, and Palm Beach counties wait too long between updates. By then,….
The Next Step in Pool Safety – AI Powered Drowning Detection Systems? [Sassy_Social_Share]
The Next Step in Pool Safety – AI Powered Drowning Detection Systems? Conventional safety measures – pool covers, perimeter fences, and subsurface alarms – are essential for preventing unauthorized access when a pool is closed. But when a pool is open and in use, those measures cannot protect against drowning. For decades, supervision by lifeguards,….