What Components are Included?
Florida law requires condominium and cooperative associations to complete a Structural Integrity Reserve Study at least once every 10 years after the creation of the association. The reserve study is required for each qualifying building on the association's property. A building is considered qualifying if it is at least three stories in height. The SIRS must include an inspection of the following structural elements:
- Roofs
- Primary Structural Systems (Load Bearing Walls and Railings)
- Fire Protection Systems
- Plumbing
- Electrical systems
- Waterproofing, exterior, painting, & stucco
- Common area windows and exterior doors
- Any other items that have a deferred maintenance expense or replacement cost that exceeds $10,000 and the failure to replace or maintain such items negatively affects any of the above referenced building components.
