condo collapse News

South Florida Condo Building Evacuated After 60-Year Inspection

Residents of a South Florida waterfront condominium that was deemed unsafe during a recent inspection have until Tuesday morning to evacuate. A building engineer conducting an inspection on April 14 for the Majestic Isle condominium’s required 60-year certification found sagging …

New Lending Rules Could Stifle Loans, Insurance for Florida Condos that Need Repairs

Just as some insurers have tightened requirements for underwriting high-rise condominiums in the wake of the Champlain Towers collapse in Miami Beach last year, now mortgage banks are starkly revising lending rules. The moves could make sales of some condo …

Allied Asks Court to Bar Coverage for Florida Law Firm in Condo Collapse

The insurer for a South Florida law firm that represented the collapsed Surfside condominium – lawyers known for fighting off attempts to reform condo safety laws – has asked a judge to absolve the carrier of coverage responsibility for the …