What Florida Condo Buyers Should Know About Structural Integrity Reserve Studies (SIRS)
08/08/26
Florida condominium associations must maintain reserves for critical structural components. Buyers should review the SIRS carefully to understand funding levels and potential future assessments.
Florida law mandates that residential condominium associations perform a Structural Integrity Reserve Study (SIRS) for critical structural components, including:
- Roofs
- Load-bearing walls
- Fire protection systems
- Plumbing
- Foundations
Unlike historical practice, condominium associations can no longer vote to waive or underfund reserves for these critical components.
Why This Matters for Buyers
A thorough financial review can help determine whether the condominium association has adequately funded these required reserves or whether a significant capital assessment may be approaching.
For buyers, particularly those purchasing from outside Florida, reviewing the association's SIRS and reserve funding should be an important part of the condominium due diligence process.