Could someone please explain this to me. SIRS

[Dznypal]

Our home resort is the poly and today we got a letter structural integrity reserve study
I have no clue what all of this is about
The only part I sort of understand is the association collected and has budgeted sufficient reserves

We’ve been members since 2016 and never got anything like this before
It sounds like it’s good news
Thanks

 

[Sandisw]

There was a new FL law that went in to effect to ensure things are sound and fully funded.

This is just complying with that. DVC always funded reserves appropriately. Not all timeshares or condo associations did.

 

[sethschroeder]

Some condos in FL collapsed for not doing adequate upkeep so the state now has laws to make sure it doesn't happen. Disney just doing what is required then notifying you thats the case.