No. HB 255
Filed under Housing.
Condominium Associations; Provides that condominium association's turnover certificate & annual report must be maintained as part of association's official records; requires board of administration of condominium association to file with Division of Condominiums, Timeshares, & Mobile Homes turnover certificate within specified timeframe; requires turnover certificate to include certain information; requires division to maintain publicly accessible online database of turnover certificates, which must include specified information; requires division to create & maintain searchable electronic database of turnover certificates.
Plain English Summary
AI-GENERATEDCondominium boards must file a turnover certificate with the state division within 30 days of electing a majority of unit owners.
The state division must create a publicly accessible online database containing the name, address, and digital copy of each filed certificate.
The statute of limitations for association lawsuits is tolled until unit owners elect a majority of the board of administration.
Turnover certificates and annual reports are now legally required to be maintained as part of the association's official records.
AIThe statute of limitations and statute of repose for any actions in law or equity which a condominium association may have do not begin to run until the unit owners have elected a majority of the members of the board of administration.
AIThe tolling of any applicable statute of limitations and statute of repose under subsection (1) does not apply to actions that are subject to s. 95.11(3)(b).
AIWithin 30 days after the election in which the unit owners other than the developer elect a majority of the members of the board of administration of an association, the board shall file with the division a turnover certificate.
AIThe division shall maintain a publicly accessible online database of turnover certificates which must include the name and mailing address of the condominium, the date on which turnover occurred, and a digital copy of the turnover certificate.
AIThe division shall create and maintain a searchable electronic database of each turnover certificate filed pursuant to s. 718.301(2)(b). The division shall adopt rules prescribing the form and content of the turnover certificate and the procedures for electronically filing a turnover certificate.
AIA copy of the association's turnover certificate and a copy of the association's annual report required under s. 617.1622 must be maintained as part of the association's official records.