No. SB 908
Filed under Housing.
Fees/Homeowners’ Associations; Requiring each homeowners’ association that operates more than two parcels to pay to the Division of Florida Condominiums, Timeshares, and Mobile Homes an annual fee for each residential parcel operated by the association; requiring that the association be assessed a specified penalty of the amount due if the fee is not paid by a specified date; providing that, until the amount due, plus any penalty, is paid, an association is deemed delinquent and does not have standing to maintain or defend any action in the courts of this state; requiring that all fees the division collects be deposited in the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund, etc.
Plain English Summary
AI-GENERATEDHomeowners' associations operating more than two residential parcels must pay the state division an annual fee of $4 per parcel.
If the fee is not paid by March 1, the association is assessed a 10 percent penalty on the amount due.
Until the fee and any penalty are paid, the association is deemed delinquent and lacks standing to sue or defend lawsuits in state courts.
All collected fees must be deposited into the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund.
AICreates a new annual fee obligation for homeowners' associations operating more than two parcels.
AIImposes a 10% penalty for late payment and strips the association of the legal right to sue or defend lawsuits until the debt is cleared.
AIRequires association directors to certify completion of specific educational and written certification requirements.
AIMandates that every homeowners' association create and maintain an online account with the division.