Condominium And Homeowners Bills Enacted By The 2013 Florida Legislature

HB 73- Omnibus Legislation -

This bill containing 74 pages is a "stripped down" version of a bill which passed the House last year but failed to obtain Senate approval. It contains a potpourri of changes to the Condominium Act, the Cooperative Act and the Homeowners' Associations Act (HOA Act). Some of the changes to the Condominium Act and HOA Act are summarized below.

Condominium Act:

(a) Prohibits directors from serving more than a one-year term unless a two year term was permitted by the Association's articles or by-laws...

Please see full Update below for more information.

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Topics:  Condominium Act, Condominiums, Homeowners' Association, New Legislation, Real Estate Development

Published In: Business Organization Updates, General Business Updates, Elections & Politics Updates, Commercial Real Estate Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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