{ "version": "1.0", "schema": "https://entitymap.org/spec/v1.0", "profile": "core", "publisher": { "name": "National Condo Inspections", "url": "https://www.nationalcondoinspections.com/" }, "generated": "2026-08-17T00:00:00Z", "verificationStatus": "self-declared", "entities": [ { "entityId": "e_inadequate_master_insurance", "@type": "Place", "name": "Master policy and insurance shortfalls", "description": "Three master policy forms decide who insures the inside of a unit. The gap between the form the declaration requires and the policy actually in force is where owners get caught.", "hasChunks": [ { "chunkId": "c_inadequate-master-insurance", "text": "A condominium is a single physical building owned in pieces. Insuring it means drawing a line between the building and the unit , then making sure two contracts — the association's master policy and each owner's unit policy — meet exactly at that line with no gap. Almost every insurance failure in a condominium is a failure at that seam. The seam is defined in three places, and they do not always agree: The state condominium act , which often sets a default about what the association must insure.", "sourceUrl": "https://www.nationalcondoinspections.com/inadequate-master-insurance/", "pageTitle": "Master policy and insurance shortfalls | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Who insures what, and where the seam leaves an owner exposed", "relations": [ { "predicate": "PART_OF", "target": "e_found_docs", "targetName": "In the condo documents" }, { "predicate": "RELATES_TO", "target": "e_c_hoa", "targetName": "Homeowner association", "targetId": "e_c_hoa", "targetUri": "https://en.wikipedia.org/wiki/Homeowner_association", "confidence": "declared" } ] }, { "entityId": "e_milestone_inspection_findings", "@type": "Place", "name": "Milestone inspection findings", "description": "A crack is not a finding. Florida's statute expressly excludes cracks, sagging, deflection and signs of leakage unless the engineer judges them symptomatic of substantial structural deterioration.", "hasChunks": [ { "chunkId": "c_milestone-inspection-findings", "text": "A milestone inspection is a structural inspection performed by a licensed engineer or architect at defined points in a building's life, to determine whether it has experienced deterioration that threatens its structural integrity.", "sourceUrl": "https://www.nationalcondoinspections.com/milestone-inspection-findings/", "pageTitle": "Milestone inspection findings | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "What the report can say, what it cannot, and what a finding triggers", "relations": [ { "predicate": "PART_OF", "target": "e_found_statute", "targetName": "Through a state-mandated report" }, { "predicate": "RELATES_TO", "target": "e_c_surfside", "targetName": "Surfside condominium collapse", "targetId": "e_c_surfside", "targetUri": "https://en.wikipedia.org/wiki/Surfside_condominium_building_collapse", "confidence": "declared" } ] }, { "entityId": "e_short_term_rental_character", "@type": "Place", "name": "Short-term rentals and condotel character", "description": "The test is how the project operates, not what the deed says. Rental pooling, a registration desk and daily letting are the markers. A handful of short-term listings is not.", "hasChunks": [ { "chunkId": "c_short-term-rental-character", "text": "Nothing in law makes a condominium a hotel. A condominium is a form of ownership ; a hotel is a use . The problem arises where a project is owned as a condominium and operated like a hotel, and lenders, secondary-market investors and insurers all care about the operation rather than the label on the deed. The reason is collateral. A residential mortgage is priced on the assumption that the security is a dwelling: somewhere a person lives, in a building whose value derives from residential demand.", "sourceUrl": "https://www.nationalcondoinspections.com/short-term-rental-character/", "pageTitle": "Short-term rentals and condotel character | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "What makes underwriting call a condominium a hotel", "relations": [ { "predicate": "PART_OF", "target": "e_found_lender", "targetName": "When the lender reviews the project" }, { "predicate": "RELATES_TO", "target": "e_c_fanniemae", "targetName": "Fannie Mae", "targetId": "e_c_fanniemae", "targetUri": "https://en.wikipedia.org/wiki/Fannie_Mae", "confidence": "declared" } ] }, { "entityId": "e_single_entity_ownership", "@type": "Place", "name": "Single-entity ownership concentration", "description": "Fannie Mae's limits are two units in projects up to 20 units and 20 percent above that. Exceeding them makes the project ineligible, and the 2026 changes did not touch this rule.", "hasChunks": [ { "chunkId": "c_single-entity-ownership", "text": "Single-entity ownership is the number of units in a project held by one owner . That owner can be an individual, a company, a limited liability company, a partnership, a trust, an investment fund, or the developer holding units it has not sold. The test is not who the owner is or how respectable they are. It is how much of one building sits in one pair of hands. This is a different test from investor concentration, and confusing them is the most common error on the subject.", "sourceUrl": "https://www.nationalcondoinspections.com/single-entity-ownership/", "pageTitle": "Single-entity ownership concentration | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "One owner, too many units, and the limits that survived 2026", "relations": [ { "predicate": "PART_OF", "target": "e_found_lender", "targetName": "When the lender reviews the project" }, { "predicate": "RELATES_TO", "target": "e_c_fanniemae", "targetName": "Fannie Mae", "targetId": "e_c_fanniemae", "targetUri": "https://en.wikipedia.org/wiki/Fannie_Mae", "confidence": "declared" } ] }, { "entityId": "e_reserve_line_underfunding", "@type": "Place", "name": "Too little of the budget going to reserves", "description": "The replacement-reserve allocation divided by budgeted assessment income is a bright-line agency test: 10 percent today, and 15 percent for Fannie Mae Full Reviews from 4 January 2027.", "hasChunks": [ { "chunkId": "c_reserve-line-underfunding", "text": "Of everything written about condominium reserves, one number is an actual pass-or-fail test in a mortgage file, and it is not percent funded. It is the proportion of the annual budget allocated to replacement reserves. The calculation Fannie Mae specifies is the annual budgeted replacement-reserve allocation divided by annual budgeted assessment income . The budget must provide replacement reserves for capital expenditures and deferred maintenance of at least the required percentage.", "sourceUrl": "https://www.nationalcondoinspections.com/reserve-line-underfunding/", "pageTitle": "Too little of the budget going to reserves | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "The 10 percent test, and the 15 percent that replaces it", "relations": [ { "predicate": "PART_OF", "target": "e_found_budget", "targetName": "In the budget or reserve study" }, { "predicate": "RELATES_TO", "target": "e_c_fanniemae", "targetName": "Fannie Mae", "targetId": "e_c_fanniemae", "targetUri": "https://en.wikipedia.org/wiki/Fannie_Mae", "confidence": "declared" }, { "predicate": "RELATES_TO", "target": "e_c_reservestudy", "targetName": "Reserve study", "targetId": "e_c_reservestudy", "targetUri": "https://en.wikipedia.org/wiki/Reserve_study", "confidence": "declared" } ] }, { "entityId": "e_commercial_space_ratio", "@type": "Place", "name": "Commercial and non-residential floor area", "description": "Ground-floor retail is not a problem. Commercial floor area above 35 percent of the project is. The test is floor area, not the number of units, and the two produce very different answers.", "hasChunks": [ { "chunkId": "c_commercial-space-ratio", "text": "A mixed-use condominium is one building containing both residential units and non-residential space: shops at street level, offices on a mezzanine, a restaurant, a medical suite, a commercial parking operation, a school or a place of worship. The rule that concerns lenders asks a single question — what share of the project's total floor area is commercial or non-residential? Three features of that question do most of the work. It is floor area, not units. A building with 40 residential units and 3 commercial units is 7 percent commercial by unit count.", "sourceUrl": "https://www.nationalcondoinspections.com/commercial-space-ratio/", "pageTitle": "Commercial and non-residential floor area | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "The 35 percent line, and what counts as floor area", "relations": [ { "predicate": "PART_OF", "target": "e_found_lender", "targetName": "When the lender reviews the project" }, { "predicate": "RELATES_TO", "target": "e_c_fha", "targetName": "Federal Housing Administration", "targetId": "e_c_fha", "targetUri": "https://en.wikipedia.org/wiki/Federal_Housing_Administration", "confidence": "declared" } ] }, { "entityId": "e_concrete_spalling", "@type": "Place", "name": "Concrete spalling and rebar corrosion", "description": "Spalled concrete is the end of a process that started years earlier inside the slab. The delaminated area found by sounding is normally far larger than the spalled area anyone can see.", "hasChunks": [ { "chunkId": "c_concrete-spalling", "text": "Reinforced concrete works because fresh concrete chemically protects the steel inside it. Cement hydration produces a strongly alkaline pore solution, and in that high-pH environment embedded carbon steel forms a thin, tightly adherent oxide film called the passive layer . While it is intact the steel does not meaningfully corrode, even in damp, oxygenated concrete. Deterioration begins when that layer is destroyed, by one of two routes. Carbonation.", "sourceUrl": "https://www.nationalcondoinspections.com/concrete-spalling/", "pageTitle": "Concrete spalling and rebar corrosion | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Why the damage you can see is always the smaller number", "relations": [ { "predicate": "PART_OF", "target": "e_found_walkthrough", "targetName": "On a physical inspection" } ] }, { "entityId": "e_deferred_maintenance", "@type": "Place", "name": "Deferred maintenance", "description": "Deferred maintenance is a portfolio state rather than a defect, and it accumulates because of how associations are governed, not because anyone was careless.", "hasChunks": [ { "chunkId": "c_deferred-maintenance", "text": "Deferred maintenance is the accumulated gap between the work a building's components require and the work the association has actually performed and funded. It is not a single defect but a portfolio state — the sum of every roof section not replaced on schedule, every sealant joint past its service life, every riser left in place after leaks became routine, every balcony coating not renewed. It is cumulative and compounding. A component that is not maintained on schedule does not simply wait.", "sourceUrl": "https://www.nationalcondoinspections.com/deferred-maintenance/", "pageTitle": "Deferred maintenance | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Why it accumulates, how it is found, and when it stops a loan", "relations": [ { "predicate": "PART_OF", "target": "e_found_walkthrough", "targetName": "On a physical inspection" }, { "predicate": "RELATES_TO", "target": "e_c_reservestudy", "targetName": "Reserve study", "targetId": "e_c_reservestudy", "targetUri": "https://en.wikipedia.org/wiki/Reserve_study", "confidence": "declared" } ] }, { "entityId": "e_developer_control", "@type": "Place", "name": "Developer control, phasing and turnover", "description": "While the declarant controls the board it sets the budget, the reserve contribution and the decision whether to investigate the building it built. Turnover is when that gets tested.", "hasChunks": [ { "chunkId": "c_developer-control", "text": "A condominium is created when a declarant — the developer or sponsor — records a declaration. At that moment the declarant owns every unit. Because governance is by unit owners and the declarant is the only unit owner, it necessarily controls the association at the outset. State condominium acts and the project's own documents then define a period of declarant control , during which the declarant may appoint and remove the officers and members of the board, and they set the terms on which that period ends.", "sourceUrl": "https://www.nationalcondoinspections.com/developer-control/", "pageTitle": "Developer control, phasing and turnover | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "What declarant control is, when it ends, and what turnover reveals", "relations": [ { "predicate": "PART_OF", "target": "e_found_docs", "targetName": "In the condo documents" }, { "predicate": "RELATES_TO", "target": "e_c_hoa", "targetName": "Homeowner association", "targetId": "e_c_hoa", "targetUri": "https://en.wikipedia.org/wiki/Homeowner_association", "confidence": "declared" }, { "predicate": "RELATES_TO", "target": "e_c_condominium", "targetName": "Condominium", "targetId": "e_c_condominium", "targetUri": "https://en.wikipedia.org/wiki/Condominium", "confidence": "declared" } ] }, { "entityId": "e_elevator_and_life_safety", "@type": "Place", "name": "Elevators, sprinklers and life safety", "description": "For most building conditions the association decides when to act. For life safety systems a code, a standard and an authority having jurisdiction decide, and the association's only choice is how well it planned for the cost.", "hasChunks": [ { "chunkId": "c_elevator-and-life-safety", "text": "Most of what goes wrong in a condominium building is discretionary in its timing: a board can defer a roof, or patch plumbing for another five years. Life safety is the exception, because a code, a standard and an authority having jurisdiction decide when the work happens. An elevator authority can order a car out of service; a fire inspector can write a violation with a correction deadline; a sprinkler impairment carries obligations from the moment the valve closes.", "sourceUrl": "https://www.nationalcondoinspections.com/elevator-and-life-safety/", "pageTitle": "Elevators, sprinklers and life safety | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "The systems where someone else sets the schedule", "relations": [ { "predicate": "PART_OF", "target": "e_found_walkthrough", "targetName": "On a physical inspection" } ] }, { "entityId": "e_building_envelope_water", "@type": "Place", "name": "Envelope failure and water intrusion", "description": "Envelopes are designed to manage water, not to exclude it. Most leaks are a failed transition rather than a failed wall, and the leak almost never appears where the water got in.", "hasChunks": [ { "chunkId": "c_building-envelope-water", "text": "The building envelope is the assembly separating conditioned interior from exterior: walls, windows, doors, roof, below-grade walls, and every joint and transition between them. Envelope failure means the assembly is no longer performing one of its control functions — most importantly water control, but also air, vapour and thermal control. Water intrusion is the failure mode with the consequences, because water drives nearly every other deterioration process in a building.", "sourceUrl": "https://www.nationalcondoinspections.com/building-envelope-water/", "pageTitle": "Envelope failure and water intrusion | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Which wall you have decides how it fails, and where to look", "relations": [ { "predicate": "PART_OF", "target": "e_found_walkthrough", "targetName": "On a physical inspection" } ] }, { "entityId": "e_facade_and_balcony_safety", "@type": "Place", "name": "Facade and balcony safety programmes", "description": "There is no national facade requirement. Coverage depends entirely on the city, county or state, and the difference between a routine filing and a financing problem is whether the findings were closed out.", "hasChunks": [ { "chunkId": "c_facade-and-balcony-safety", "text": "A facade or balcony safety programme is a mandatory, recurring, externally enforced inspection requirement imposed by a city, county or state on existing buildings meeting a defined threshold. The owner — in a condominium, the association — must engage a qualified design professional at defined intervals, inspect defined elements, classify their condition, file a report, and correct what the report identifies.", "sourceUrl": "https://www.nationalcondoinspections.com/facade-and-balcony-safety/", "pageTitle": "Facade and balcony safety programmes | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Where they apply, what they classify, and what a finding costs", "relations": [ { "predicate": "PART_OF", "target": "e_found_statute", "targetName": "Through a state-mandated report" } ] }, { "entityId": "e_investor_concentration", "@type": "Place", "name": "Investor and non-owner-occupancy ratio", "description": "The 50 percent investor limit repeated across the internet is no longer a Fannie Mae rule. It was retired in March 2026. FHA's owner-occupancy minimum is a separate rule and it still applies.", "hasChunks": [ { "chunkId": "c_investor-concentration", "text": "Every condominium project review sorts the units into three buckets: principal residences , second homes , and investment properties . The owner-occupancy ratio is the first bucket as a share of the total. The investor-concentration ratio is the third, and sometimes the third plus the second, depending on which rule is being applied. The two are mirror images of the same count and people use the names interchangeably, which is the first source of confusion on this topic. The classification follows how the owner uses the unit , not who is standing in it.", "sourceUrl": "https://www.nationalcondoinspections.com/investor-concentration/", "pageTitle": "Investor and non-owner-occupancy ratio | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "The 50 percent limit Fannie Mae retired in March 2026", "relations": [ { "predicate": "PART_OF", "target": "e_found_lender", "targetName": "When the lender reviews the project" }, { "predicate": "RELATES_TO", "target": "e_c_fanniemae", "targetName": "Fannie Mae", "targetId": "e_c_fanniemae", "targetUri": "https://en.wikipedia.org/wiki/Fannie_Mae", "confidence": "declared" }, { "predicate": "RELATES_TO", "target": "e_c_freddiemac", "targetName": "Freddie Mac", "targetId": "e_c_freddiemac", "targetUri": "https://en.wikipedia.org/wiki/Freddie_Mac", "confidence": "declared" } ] }, { "entityId": "e_no_current_reserve_study", "@type": "Place", "name": "No current reserve study", "description": "No federal rule requires a reserve study, but the alternative route through a Full Review runs through one, and in the states that mandate studies its absence is a statutory failure.", "hasChunks": [ { "chunkId": "c_no-current-reserve-study", "text": "A reserve study is a budget-planning document. It answers two questions: what major components will the association have to repair or replace and when, and how much it should be setting aside now so the money is there then. It is not a structural inspection, not a code inspection, and not an opinion on whether the building is safe. Every study prepared to the standards used across the industry has two halves, and a buyer should confirm both are present.", "sourceUrl": "https://www.nationalcondoinspections.com/no-current-reserve-study/", "pageTitle": "No current reserve study | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Why a stale study is a different problem from a missing one", "relations": [ { "predicate": "PART_OF", "target": "e_found_budget", "targetName": "In the budget or reserve study" }, { "predicate": "RELATES_TO", "target": "e_c_reservestudy", "targetName": "Reserve study", "targetId": "e_c_reservestudy", "targetUri": "https://en.wikipedia.org/wiki/Reserve_study", "confidence": "declared" } ] }, { "entityId": "e_owner_delinquency", "@type": "Place", "name": "Owner delinquency rates", "description": "Both agencies cap delinquency at 15 percent of units 60 or more days past due, tested separately for regular assessments and for each special assessment.", "hasChunks": [ { "chunkId": "c_owner-delinquency", "text": "The delinquency rate is the proportion of units in a project whose owners are behind on what they owe the association. It is a plain figure with an unusually direct consequence, because it is one of the very few project characteristics that both government-sponsored enterprises test against a published number. It matters for two independent reasons, and buyers tend to hear only the first. The obvious one is financing. The less obvious one is that delinquency shifts costs onto the owners who do pay .", "sourceUrl": "https://www.nationalcondoinspections.com/owner-delinquency/", "pageTitle": "Owner delinquency rates | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "The 15 percent line, and why some delinquency is normal", "relations": [ { "predicate": "PART_OF", "target": "e_found_budget", "targetName": "In the budget or reserve study" }, { "predicate": "RELATES_TO", "target": "e_c_hoa", "targetName": "Homeowner association", "targetId": "e_c_hoa", "targetUri": "https://en.wikipedia.org/wiki/Homeowner_association", "confidence": "declared" } ] }, { "entityId": "e_parking_structure", "@type": "Place", "name": "Parking structure condition", "description": "In a post-tensioned deck, industry sources report that few — often less than 1% — of broken tendons produce any visible sign. Absence of visible distress is not evidence the structure is intact.", "hasChunks": [ { "chunkId": "c_parking-structure", "text": "A parking structure attached to or beneath a residential building is, structurally, a separate durability problem from the building it serves. It sits in a harsher environment, it is built more efficiently — thinner, longer-spanning, less redundant — and it is inspected less. It is very common for a parking structure to be in substantially worse condition than the tower above it, at the same age.", "sourceUrl": "https://www.nationalcondoinspections.com/parking-structure/", "pageTitle": "Parking structure condition | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Looking at it is a weak instrument, and here is why", "relations": [ { "predicate": "PART_OF", "target": "e_found_walkthrough", "targetName": "On a physical inspection" } ] }, { "entityId": "e_pending_litigation", "@type": "Place", "name": "Pending or threatened litigation", "description": "Four words decide it: safety, structural soundness, habitability, functional use. Collections actions and insured slip-and-falls are published carve-outs. Construction defect is the category that stops loans.", "hasChunks": [ { "chunkId": "c_pending-litigation", "text": "A buyer's instinct is that a lawsuit against the association is the association's problem. It is not. In a condominium the owners are the association, and every dollar spent defending, settling or losing a case is raised from the owners — through the regular assessment, through a special assessment, or by drawing down reserves that then have to be rebuilt. Litigation is a direct claim on a buyer's future cash flow, and underwriting treats it as project-level financial risk. There is a second reason, less obvious and more important.", "sourceUrl": "https://www.nationalcondoinspections.com/pending-litigation/", "pageTitle": "Pending or threatened litigation | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Which lawsuits matter, and the question the form does not ask", "relations": [ { "predicate": "PART_OF", "target": "e_found_docs", "targetName": "In the condo documents" }, { "predicate": "RELATES_TO", "target": "e_c_fanniemae", "targetName": "Fannie Mae", "targetId": "e_c_fanniemae", "targetUri": "https://en.wikipedia.org/wiki/Fannie_Mae", "confidence": "declared" }, { "predicate": "RELATES_TO", "target": "e_c_hoa", "targetName": "Homeowner association", "targetId": "e_c_hoa", "targetUri": "https://en.wikipedia.org/wiki/Homeowner_association", "confidence": "declared" } ] }, { "entityId": "e_common_roof_condition", "@type": "Place", "name": "Roof condition as a common element", "description": "The roof is the largest common element in most buildings and the one nobody looks at. Deferral stays invisible until the insulation is wet, at which point the project changes character.", "hasChunks": [ { "chunkId": "c_common-roof-condition", "text": "The roof is the horizontal part of the building envelope. On a multi-unit residential building it is almost always a low-slope assembly rather than a pitched one, and almost always a common element maintained by the association. It is the most universally recognised reserve component in existence — present in essentially every reserve study ever written, and the example every reserve professional uses to explain to a board what reserves are for.", "sourceUrl": "https://www.nationalcondoinspections.com/common-roof-condition/", "pageTitle": "Roof condition as a common element | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Anyone quoting you a flat number for roof life is guessing", "relations": [ { "predicate": "PART_OF", "target": "e_found_walkthrough", "targetName": "On a physical inspection" } ] }, { "entityId": "e_special_assessments", "@type": "Place", "name": "Special assessments, pending and past", "description": "A special assessment is the settlement of an underfunding that already existed. The inspection that produced it disclosed the liability rather than creating it.", "hasChunks": [ { "chunkId": "c_special-assessments", "text": "A special assessment is a charge levied on unit owners outside the regular budget, to meet a cost that regular assessments and reserves will not cover. In the structural context the chain that produces one is consistent across jurisdictions and worth learning, because each link is visible to a buyer before the assessment exists. An inspection produces a finding.", "sourceUrl": "https://www.nationalcondoinspections.com/special-assessments/", "pageTitle": "Special assessments, pending and past | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "Which assessments are financeable, and the one variety that is not", "relations": [ { "predicate": "PART_OF", "target": "e_found_docs", "targetName": "In the condo documents" }, { "predicate": "RELATES_TO", "target": "e_c_hoa", "targetName": "Homeowner association", "targetId": "e_c_hoa", "targetUri": "https://en.wikipedia.org/wiki/Homeowner_association", "confidence": "declared" } ] }, { "entityId": "e_structural_integrity_reserve_study", "@type": "Place", "name": "Structural Integrity Reserve Study", "description": "A SIRS reserves for eight structural component groups on the basis of a visual inspection. It establishes what a building must fund. It does not establish what condition the building is in.", "hasChunks": [ { "chunkId": "c_structural-integrity-reserve-study", "text": "A structural integrity reserve study is a reserve study restricted to structurally significant components. For each one it establishes condition, estimated remaining useful life, estimated replacement cost or deferred maintenance expense, and the annual reserve contribution required. Florida created the instrument at Fla. Stat. section 718.112(2)(g) after the June 2021 partial collapse of a residential tower in Surfside, and every state that has legislated in this area since has borrowed from the template.", "sourceUrl": "https://www.nationalcondoinspections.com/structural-integrity-reserve-study/", "pageTitle": "Structural Integrity Reserve Study | National Condo Inspections", "publisher": "National Condo Inspections", "contentType": "definition" } ], "alternateName": "What the study covers, and why visual is the word that matters", "relations": [ { "predicate": "PART_OF", "target": "e_found_statute", "targetName": "Through a state-mandated report" }, { "predicate": "RELATES_TO", "target": "e_c_surfside", "targetName": "Surfside condominium collapse", "targetId": "e_c_surfside", "targetUri": "https://en.wikipedia.org/wiki/Surfside_condominium_building_collapse", "confidence": "declared" }, { "predicate": "RELATES_TO", "target": "e_c_reservestudy", "targetName": "Reserve study", "targetId": "e_c_reservestudy", "targetUri": "https://en.wikipedia.org/wiki/Reserve_study", "confidence": "declared" } ] }, { "entityId": "e_underfunded_reserves", "@type": "Place", "name": "Underfunded reserves", "description": "Percent funded compares the reserve balance against accumulated wear. 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