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FL Division of Condos Proposes Greater Financial Penalties on Associations

Florida condominiums, cooperatives and, to a lesser degree, homeowners’ associations are subject to the imposition of fines and penalties by the Division of Florida Condominiums, Timeshare and Mobile Homes (“Division”) for a variety of mistakes and missteps.  The Division plans to pass sweeping changes to Chapter 61B-21 of the Florida Administrative Code which may …

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Special Assessments May Provide Insured Cash Flow After Storm

Two weeks ago today, Hurricane Irma tore through in Southwest Florida. All things considered, it could have certainly been much worse. However, it was as bad as it gets for those who lost their lives, and some communities suffered relatively substantial property damage. So, over the next several weeks, this column will focus on …

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Review of Legislation continues – Part 5

2017 Legislation Changes Financial Reporting Requirements

Today’s column is the final installment of our annual review of legislation affecting Florida community associations.

In prior columns, we reviewed Senate Bill 398 dealing with “estoppel certificates,” and House Bill 1237 which only applies to condominiums and contains changes to the statute including board member …

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Review of New Legislation – Part 1

Today begins our annual review of legislation affecting community associations in Florida. Today’s topic, “estoppel certificates.”

On June 14, 2017, Governor Scott signed SB 398, which amends Chapters 718 (condominiums), 719 (cooperatives), and 720 (homeowners’ associations) and which became effective on July 1, 2017. Associations should be prepared to properly respond to …

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Estoppel Bill Approved by Governor and Remaining Community Association Bills Presented to the Governor

Yesterday, the Governor approved SB 398, Relating to Estoppel Certificates.  The effective date of the new law is July 1, 2017.  If you would like to hear more about the estoppel bill, please watch the video or read the summary below.

Also yesterday, HB 653, Relating to Community Associations, by Rep. Moraitis, …

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