The deadly Champlain Towers South collapse underscores the need for greater transparency in condominium sales, Florida Realtors told a Real Property, Probate and Trust Law Section task force.
“There were 20 new sales and eight rentals preceding Champlain,” said Keith Wood, director of ERA American Real Estate Sales and Rentals. “Would this have occurred if the whole picture had been presented? Maybe. Maybe not.”
Wood was one of several real estate industry representatives invited to address a September 8 meeting of the Condominium Law and Policy on Life Safety Issues Advisory Task Force.