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Condo Owners Stuck With Homes No One Will Buy As They Wake Up To Grim Repercussions Of New Laws

Across the state, frustrated sellers are slashing prices—sometimes as low as $10,000—yet still failing to attract buyers. The crisis stems largely from stricter safety regulations introduced after the deadly 2021 Surfside condominium collapse. These laws now require older buildings to undergo structural inspections and maintain fully funded reserves for major repairs.

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