The new law that comes into effect in January 2025 addresses 3 key areas: stricter safety regulations, property insurance adjustments, and enhanced security measures. The safety portion, especially for commercial roofs, is where our team comes in to provide the details about the condition of the commercial roof.
Homeowners should be looking for improved building and property safety efforts. These improvements will lead to a more secure living environment that should also lead to improved property value with the compliance of the latest safety regulations. Homeowners should be confident that the building they live in is safe for their families.
Understanding these condo HOA law changes will be important to understanding their rights and expectations of the condo association as well as how that impacts condominium ownership.
As a commercial roofing contractor, we will continue to provide as much detail as possible to the condo HOA associations related to their property condition. We also know these new rules and will work with property owners to ensure that they are meeting the requirements of these new laws.
Homeowners will need to be proactive and educate themselves on these new laws. They should also talk with their insurance provider about any upcoming changes to premiums or coverages. Work with your HOA on understanding what these new laws mean and how to encourage them to work with specialty contractors to ensure compliance going forward.
