Florida SIRS Hub: 2026 Mandatory Reserve Compliance
The grace period has ended. Effective 2026, residential associations with buildings over 3 stories must adhere to strict mandatory reserve funding.
Executive Summary: 2026 Mandates
- Mandatory Funding: 2026 budgets must include full funding for structural items; unit owners can no longer vote to waive these specific reserves.
- 3-Story Threshold: Compliance is mandatory for residential condominiums and cooperatives with at least three habitable stories.
- 10-Year Cycle: A new Structural Integrity Reserve Study must be completed every 10 years to maintain statutory compliance.
- Fiduciary Duty: Failure to complete or fund a SIRS is considered a breach of fiduciary duty for board directors.
Structural Integrity as a Financial Priority
In the 2026 Florida fiscal environment, the Structural Integrity Reserve Study (SIRS) has become the most critical document for an association's long-term survival. By ensuring that 8 mandatory structural components are fully funded, associations can avoid catastrophic special assessments and ensure long-term marketability.
The Affadavit Requirement
Under the updated 2026 regulations, board officers must now sign an affidavit confirming the receipt of the SIRS. This shifts the burden of structural transparency directly onto the board, ensuring that owners are notified of the building's structural health and funding status within 45 days of the study's completion.
SIRS Compliance FAQ
Lead Your Board to Compliance
Don't let the 2026 mandate catch your association off-guard. Partner with FPAT's 100% in-house specialists to secure your SIRS today.
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