New Condo Building Safety Law Compliance

Background: Why the Law Was Introduced

We would like to draw your attention to the new building safety law that has been adopted for condominiums and cooperatives following the tragedy with Champlain Tower. These new legislations focus on structural users based on mandatory inspection and reserves of buildings three stories or high. In our opinion, you need to realize how towering this is and the effect that it will have on the safety and welfare of your condominium.

Reporting Requirements

First, the legislation requires all the existing condominiums and co-ops to provide essential information about their buildings to the Department of Business and Professional Regulation not later than January 1, 2023. In this data, there is the number of buildings, where the buildings are located, and their addresses. Having captured this information, the authorities will obtain a clearer picture of what happens to our condominiums and what protective actions they need to undertake.

Milestone Inspections: Structural Safety Check-Ups

Conducted by Licensed Architects or Engineers

Probably one of the most important parts of the legislation is the necessity of milestone check-ups. A review of the structural integrity and safety of the buildings will be conducted by means of licensed architect or engineer. These inspections will establish the possible risks and thus any maintenance, repair, or replacement done within a certain time. This practice of making these inspections will enable us to deal with any concerns and avoid eventualities.

Structural Integrity Reserve Study (SIRS)

Detailed Assessment of Critical Components

The act also lays stress on the Structural Integrity Reserves Study (SIRS). The paper analyses different elements within the building, like the roof, load-bearing fills, plumbing, electrical, and many more. The estimated parts’ remaining useful life, replacement cost, and the amount of reserves to be replenished on each part will enable us to plan sufficiently and properly allocate resources to guarantee the long-term integrity and safety of our condominium.

Why This Matters for Residents

It is paramount to mention that these are not merely security measures meant to protect the building but also the safety of all the residents. The checks and balances will be relieving, and we will rest assured.