As the hurricane season ramps up in Florida and forecasters predict an above-average number of storms as late summer and fall approaches, condominium and homeowner associations must be strategic and prepared to protect their communities and mitigate risk. In the last 20 years, Florida has been hit by devastating hurricanes, including Hurricane Katrina (2005), Hurricane Wilma (2005), and Hurricane Irma (2017), which have caused significant damage and disruption to condominium associations and homeowners associations in the Miami area. On its own, Hurricane Irma is estimated to have caused $50 billion in damage. Due to their strong winds, heavy rainfall, and even storm surges, these hurricanes caused widespread flooding, power outages, and property damage for owners and tenants who own or reside within a condominium association or homeowner association. Handling the aftermath of a hurricane can be chaotic and can cost associations more than they expected to repair. Although preparing for hurricane season in South Florida is second nature for most, here are some key steps associations should consider when conducting their storm preparation reviews.

Reprinted courtesy of Franchesco Soto, Ball Janik LLP and Amanda L. Gonzalez, Ball Janik LLP

Mr. Soto may be contacted at fsoto@balljanik.com
Ms. Gonzalez may be contacted at agonzalez@balljanik.com