HOA & Condo
What is the SIRS requirement in Florida?
SIRS — Structural Integrity Reserve Study — is a Florida Chapter 718 requirement for most condo associations with three or more stories. Boards must commission a study of major structural components and adopt a funding plan to maintain adequate reserves. First compliance deadline was December 31, 2025.
SIRS was codified in Florida Chapter 718 in 2022 as the legislative response to the Champlain Towers South collapse. HB 1021 (2024) and HB 913 (2025) refined the framework. The substance: condominium associations with three-or-more-story buildings must commission a study of major structural components and develop a funding plan to maintain reserves at adequate levels.
Covered components.
The study must analyze the structural integrity of roof, structural concrete (slabs and columns), foundations, elevators, plumbing risers, electrical service, exterior cladding, and other components specified in the statute. The study must be performed by a licensed engineer or architect.
Funding plan.
The study must include a funding plan to maintain reserves at levels adequate for the identified component-replacement costs over their useful lives. Boards must adopt the plan and fund reserves accordingly. Waivers of reserves — historically common in Florida — are no longer permitted for SIRS-covered components.
Compliance timeline.
The first SIRS compliance deadline was December 31, 2025 for associations subject to the requirement. Subsequent SIRS must be completed every 10 years and updated as needed. HB 913 refined inspection-trigger timing and clarified several procedural points.
Fiduciary exposure.
Boards that fail to comply or improperly fund reserves face significant fiduciary exposure in the post-Surfside legal environment. Unit-owner derivative claims, statutory actions, and developer-turnover defect claims are all amplified by SIRS non-compliance. We counsel boards on compliance and defend boards facing post-SIRS disputes.
For more, see our HOA & Condominium practice and the SIRS glossary entry.