WESLEY MANAGEMENT COMPANY – Jupiter, FL
01/18/2022 – Upcoming Bills in 2022 Florida Legislature
INSURANCE RATE INCREASE
With 2022 being an election year, the overall rate increase stymied in 2007 by Charlie Crist, may inevitably raise its head again since Crist is again running for Governor of Florida. Potentially a twelve (12%) percent increase could be passed on to everyone.
Cash Value or Replacement Value
During last year’s (2021) session, the Florida Senate passed a Bill allowing actual cash value in lieu of replacement value for roofs, however it was not passed in the Florida House. If proposed again, this will greatly assist in establishing premiums for those who wish reduced premiums and relies upon educating Consumers for choosing materials suitable for the location of their properties.
Maintenance Inspections
A bill HB771 proposed by Rep. Alex Andrade (R-Pensacola) would direct the Florida Building Commission to develop statewide standards for the maintenance and periodic inspection of existing building structures or facilities.
Searchable Database to confirm Associations are fully funded
A bill HB329 proposed by Rep. Nicholas Duran (D-Miami-Dade) would require the Department of Business and Professional Regulation (DBPR) to establish a searchable database of condominium and homeowners’ associations’ information, including whether the association has reserve accounts for capital expenditures and deferred maintenance, and if they are fully funded.
Investigating Associations
A bill SB880 proposed by Senator Jason Pizzo (D-Miami), would expand the jurisdiction of DBPR in investigating complaints about condo associations and revise criminal penalties for misdeeds.
What to do now...
As they say, there is no time like the present to get affairs in order. Wesley Management Company assists Associations to identify and develop estimates and budgets for required or deferred maintenance. Please give us a call, we would be happy to hear from you.
Here is a link to a podcast from the Florida Insurance Roundup by Lisa Miller, with more detailed information: Episode 35 – Florida Legislative Preview 2022 – Lisa Miller Associates
About Company
WESLEY MANAGEMENT COMPANY Assisting Owners, Associations, Developers & Contractors to provide consulting services in the areas of:
Construction Management: Administration & coordination to deliver a project from inception to completion with focus upon Client’s budget & standards
Owner/Contractor Representation: Observations to verify work proceeds per specification, and in compliance with the contract documents
Expert Opinion & Witness: Post construction claims analysis, forensic observation & accountability
Insurance & Mitigation Inspections: Inspections & observations for purchase, or insurance mitigation discount
Mission Statement
Assisting others to complete contract obligations & achieve satisfaction
Licensing & Insurance
Licenses, Certificates of Insurance and pre-qualification information may be furnished upon request. Our firm maintains State, Federal and OSHA requirements for Safety Plans, HAZCOM Communication, Drug Free Workplace and as an Equal Opportunity Employer.
Licensed for commercial drone/UAS operations per FAA Part 107 Certification. Professional liability and job specific aerial drone insurance can be provided.
Certificates
Members of the Company hold certifications for specialty trades, training & licensing, in addition to State required continuing education.
History
Over thirty years’ experience in providing construction management on projects.
For more information, visit wesleymanagement.com or call 561 316 7678.
PRESS RELEASE & BLOG TERMS & CONDITIONS OF USE
ACCEPTANCE OF TERMS: Please read the following terms and conditions of use carefully, as use of this press release/blog post, including applicable source(s) and website(s), is subject to the following terms of use. Please do not use, or rely upon this information, if you do not agree to these terms.
COPYRIGHT AND REPRODUCTION NOTICE: Copyright © WESLEY MANAGEMENT COMPANY (Company); all rights reserved. Most material and information, including site design, text, graphics, and the selection and arrangement thereof are copyrighted by Company. Company’s logo, graphics and icons are trademarks of the Company, and may not be copied, reproduced, republished, posted, transmitted, or distributed in any way without proper written authorization from Company. Other trademarks, product names, and company names or logos used here are the property of their respective owners. Notwithstanding, you (User) are hereby granted nonexclusive, nontransferable, limited license to use information for User’s personal, informational, non-commercial purposes, provided the content is not modified or altered in any way, and copyright or trademarks rights are not infringed upon.
DISCLAIMER & CONDITIONS OF USE: All rights reserved. Material provided is for informational purposes only, and should not be taken as an indication of current or future results, nor offered as advice on any particular matter. Transmission of this information is not intended to create, and receipt does not constitute a relationship between Company and the User. The User should refrain from acting on the basis of any matter contained in Company’s sites without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue. Any reference to legal principles or law is provided for better understanding of the subject, and may become outdated or inapplicable. The Company assumes no liability for any content posted, submitted, communicated, shared, discussed or generated through blogs, discussion boards, or other public areas (“User Generated Content”), nor do we guarantee its truthfulness, accuracy or completeness.
THIRD PARTY CONSENT: To the extent that goods, services and any other content are available from third parties through this press release/blog post, Company is not liable, or responsible in any manner for your dealings and/or interaction with third parties. Company assumes no liability for any mistakes, misstatements, defamation, omissions, falsehoods, opinions, representations or any other form or content or communication from a third party.
PRIVACY STATEMENT: User understands Internet Service Providers (ISP) and Web Content/Hosting Providers (WHP) monitor Users for their use and analytics. Users understand information provided will be used by various ISP & WHP providers and made available to Third Parties without Company's consent or knowledge.
TERMINATION AND CHANGE: Information may be changed or updated without notice. Company has no liability for the timeliness, deletion, failure to store, inaccuracy or improper delivery of any data or information contained within this site.
INDEMNIFICATION: You agree to indemnify, defend, and hold Company, its agents, officers, directors, employees, subcontractors, successors, assigns, third party suppliers, attorneys, advertisers, product and service providers, and affiliates harmless from any liability, loss, claim and expense, including reasonable attorney’s fees, arising out of violation of these Terms and Conditions of Use.
