Florida 2022 Regular Session

Florida House Bill H7069 Latest Draft

Bill / Engrossed Version Filed 02/22/2022

                                    
 
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A bill to be entitled 1 
An act relating to condominium and cooperative 2 
associations; amending s. 468.4334, F.S.; requiring 3 
community association managers and community 4 
association management firms to comply with specified 5 
provisions under certain circumstances; amending s. 6 
468.436, F.S.; providing grounds for disciplinary 7 
action; amending ss. 718.103 and 719.103, F.S.; 8 
providing definitions; amending ss. 718.104 and 9 
719.1035, F.S.; requiring certain associations to 10 
provide certain information to the Division of Florida 11 
Condominiums, Timeshares, and Mobile Homes within a 12 
specified time; amending s. 718.111, F.S.; revising 13 
documents that constitute official records; requiring 14 
certain official records to be maintained for a 15 
specified period of time; providing that a renter of a 16 
unit has a right to copy and inspect certain written 17 
reports; revising documents that must be posted 18 
online; conforming a cross -reference; amending ss. 19 
718.112 and 719.106, F.S.; specifying the method for 20 
determining reserve amounts; prohibiting certain 21 
members and associations from waiving or reducing 22 
reserves for certain items after a specified date; 23 
requiring certain associations to receive approval 24 
before waiving or reducing reserves for certain items; 25          
 
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prohibiting certain associations from using reserve 26 
funds, or any interest accruing thereon, for certain 27 
purposes after a specified date; requiring certain 28 
associations to have a structural integrity reserve 29 
study completed at specified intervals and for certain 30 
buildings by a specified date; providing requireme nts 31 
for such study; conforming provisions to changes made 32 
by the act; amending s. 718.116, F.S.; conforming a 33 
cross-reference; amending s. 718.117, F.S.; providing 34 
that certain condominiums may be terminated by a 35 
majority vote under certain circumstances; providing 36 
requirements for meetings in which a plan of 37 
termination will be considered; specifying the method 38 
for determining a condominium's fair market value; 39 
conforming a cross-reference; creating ss. 718.132 and 40 
719.132, F.S.; providing definitions; req uiring 41 
certain associations to have specified buildings 42 
recertified at specified intervals; requiring phase 2 43 
inspections under certain circumstances; providing 44 
requirements for such recertifications and 45 
inspections; providing notice requirements; providin g 46 
requirements for certain associations and local 47 
building officials; authorizing local building 48 
officials to prescribe penalties, which must be posted 49 
on the building department's website; amending ss. 50          
 
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718.301 and 719.301, F.S.; requiring developers to 51 
deliver certain information to certain associations 52 
when transferring control; amending ss. 718.501 and 53 
719.501, F.S.; providing that the division has 54 
jurisdiction to investigate specified complaints; 55 
requiring certain associations to provide certain 56 
information and updates to the division by a specified 57 
date and within a specified time; requiring the 58 
division to compile a list with certain information 59 
and post such list on its website; amending ss. 60 
718.503 and 719.503, F.S.; requiring a developer or 61 
unit owner, as applicable, to deliver certain 62 
documents to a buyer or lessee of a unit; amending ss. 63 
718.504 and 719.504, F.S.; requiring certain 64 
information to be included in a prospectus or an 65 
offering circular; amending s. 719.104, F.S.; revising 66 
documents that constitute official records; amending 67 
ss. 720.303, 720.311, and 721.15, F.S.; conforming 68 
cross-references; providing an appropriation; 69 
providing an effective date. 70 
 71 
Be It Enacted by the Legislature of the State of Florida: 72 
 73 
 Section 1.  Subsection ( 1) of section 468.4334, Florida 74 
Statutes, is amended to read: 75          
 
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 468.4334  Professional practice standards; liability. — 76 
 (1)(a) A community association manager or a community 77 
association management firm is deemed to act as agent on behalf 78 
of a community association as principal within the scope of 79 
authority authorized by a written contract or under this 80 
chapter. A community association manager and a community 81 
association management firm shall discharge duties performed on 82 
behalf of the association as authori zed by this chapter loyally, 83 
skillfully, and diligently; dealing honestly and fairly; in good 84 
faith; with care and full disclosure to the community 85 
association; accounting for all funds; and not charging 86 
unreasonable or excessive fees. 87 
 (b)  If a community association manager or a community 88 
association management firm has a contract with a community 89 
association with a building on the association's property that 90 
is subject to recertification under s. 718.132 or s. 719.132, 91 
the community association manager o r the community association 92 
management firm must comply with such sections. 93 
 Section 2.  Paragraph (b) of subsection (2) of section 94 
468.436, Florida Statutes, is amended to read: 95 
 468.436  Disciplinary proceedings. — 96 
 (2)  The following acts constitute gr ounds for which the 97 
disciplinary actions in subsection (4) may be taken: 98 
 (b)1.  Violation of any provision of this part. 99 
 2.  Violation of any lawful order or rule rendered or 100          
 
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adopted by the department or the council. 101 
 3.  Being convicted of or pleading n olo contendere to a 102 
felony in any court in the United States. 103 
 4.  Obtaining a license or certification or any other 104 
order, ruling, or authorization by means of fraud, 105 
misrepresentation, or concealment of material facts. 106 
 5.  Committing acts of gross misco nduct or gross negligence 107 
in connection with the profession. 108 
 6.  Contracting, on behalf of an association, with any 109 
entity in which the licensee has a financial interest that is 110 
not disclosed. 111 
 7.  Violating any provision of chapter 718, chapter 719, or 112 
chapter 720 during the course of performing community 113 
association management services pursuant to a contract with a 114 
community association as defined in s. 468.431(1). 115 
 8.  Failing to provide a written recertification report to 116 
a local building official, if the community association manager 117 
or the community association management firm receives the 118 
report, in accordance with s. 718.132 or s. 719.132 during the 119 
course of performing community association management services 120 
pursuant to a contract with a condomi nium, as defined in s. 121 
718.103, or a cooperative, as defined in s. 719.103. 122 
 Section 3.  Subsections (22), (23), and (24) and (25) 123 
through (30) of section 718.103, Florida Statutes, are 124 
renumbered as subsections (23), (24), and (25) and (27) through 125          
 
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(32), respectively, and new subsections (22) and (26) are added 126 
to that section to read: 127 
 718.103  Definitions. —As used in this chapter, the term: 128 
 (22)  "Primary structural member" has the same meaning as 129 
in s. 627.706(2). 130 
 (26)  "Structural integrity reserve study" means a study of 131 
the reserve funds required for future major repairs and 132 
replacement of the common elements based on a visual inspection 133 
of the common elements. A structural integrity reserve study may 134 
be performed by any person or entity qualified to perform such 135 
study. However, the visual inspection portion of the structural 136 
integrity reserve study must be performed by an engineer 137 
licensed under chapter 471 or an architect licensed under 138 
chapter 481. At a minimum, a structural integrity reserve st udy 139 
must identify the common elements being visually inspected, 140 
state the estimated remaining useful life and the estimated 141 
replacement cost or deferred maintenance expense of the common 142 
elements being visually inspected, and provide a recommended 143 
annual reserve amount that achieves the estimated replacement 144 
cost or deferred maintenance expense of each common element 145 
being visually inspected by the end of the estimated remaining 146 
useful life of each common element. 147 
 Section 4.  Subsection (2) of section 71 8.104, Florida 148 
Statutes, is amended to read: 149 
 718.104  Creation of condominiums; contents of 150          
 
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declaration.—Every condominium created in this state shall be 151 
created pursuant to this chapter. 152 
 (2)  A condominium is created by recording a declaration in 153 
the public records of the county where the land is located, 154 
executed and acknowledged with the requirements for a deed. All 155 
persons who have record title to the interest in the land being 156 
submitted to condominium ownership, or their lawfully authorized 157 
agents, must join in the execution of the declaration. Upon the 158 
recording of the declaration, or an amendment adding a phase to 159 
the condominium under s. 718.403(6), all units described in the 160 
declaration or phase amendment as being located in or on the 161 
land then being submitted to condominium ownership shall come 162 
into existence, regardless of the state of completion of planned 163 
improvements in which the units may be located or any other 164 
requirement or description that a declaration may provide. Upon 165 
recording the declaration of condominium pursuant to this 166 
section, the developer shall file the recording information with 167 
the division within 120 calendar days on a form prescribed by 168 
the division. If the condominium is subject to s. 718.132 and 169 
has at least one building on condominium property that is three 170 
stories or higher in height, the developer must also provide 171 
information to the division indicating the number of buildings 172 
described in the declaration located on the condominium property 173 
that are three stories or hig her in height, the total number of 174 
units in all such buildings, and the addresses of such buildings 175          
 
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within 120 calendar days after recording the declaration on a 176 
form prescribed by the division. 177 
 Section 5.  Paragraph (b) of subsection (7) and paragraphs 178 
(a), (b), (c), and (g) of subsection (12) of section 718.111, 179 
Florida Statutes, are amended to read: 180 
 718.111  The association. — 181 
 (7)  TITLE TO PROPERTY. — 182 
 (b)  Subject to s. 718.112(2)(n) the provisions of s. 183 
718.112(2)(m), the association, through its b oard, has the 184 
limited power to convey a portion of the common elements to a 185 
condemning authority for the purposes of providing utility 186 
easements, right-of-way expansion, or other public purposes, 187 
whether negotiated or as a result of eminent domain proceedi ngs. 188 
 (12)  OFFICIAL RECORDS. — 189 
 (a)  From the inception of the association, the association 190 
shall maintain each of the following items, if applicable, which 191 
constitutes the official records of the association: 192 
 1.  A copy of the plans, permits, warranties, and other 193 
items provided by the developer under s. 718.301(4). 194 
 2.  A photocopy of the recorded declaration of condominium 195 
of each condominium operated by the association and each 196 
amendment to each declaration. 197 
 3.  A photocopy of the recorded bylaws of t he association 198 
and each amendment to the bylaws. 199 
 4.  A certified copy of the articles of incorporation of 200          
 
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the association, or other documents creating the association, 201 
and each amendment thereto. 202 
 5.  A copy of the current rules of the association. 203 
 6.  A book or books that contain the minutes of all 204 
meetings of the association, the board of administration, and 205 
the unit owners. 206 
 7.  A current roster of all unit owners and their mailing 207 
addresses, unit identifications, voting certifications, and, if 208 
known, telephone numbers. The association shall also maintain 209 
the e-mail addresses and facsimile numbers of unit owners 210 
consenting to receive notice by electronic transmission. The e -211 
mail addresses and facsimile numbers are not accessible to unit 212 
owners if consent to receive notice by electronic transmission 213 
is not provided in accordance with sub -subparagraph (c)3.e. 214 
However, the association is not liable for an inadvertent 215 
disclosure of the e-mail address or facsimile number for 216 
receiving electronic transmission of notices. 217 
 8.  All current insurance policies of the association and 218 
condominiums operated by the association. 219 
 9.  A current copy of any management agreement, lease, or 220 
other contract to which the association is a party or under 221 
which the association or the unit owners have an obligation or 222 
responsibility. 223 
 10.  Bills of sale or transfer for all property owned by 224 
the association. 225          
 
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 11.  Accounting records for the association and separate 226 
accounting records for each condominium that the association 227 
operates. Any person who knowingly or intentionally defaces or 228 
destroys such records, or who knowingly or intentionally fails 229 
to create or maintain such records, with the intent of causing 230 
harm to the association or one or more of its members, is 231 
personally subject to a civil penalty pursuant to s. 232 
718.501(1)(d). The accounting records must include, but are not 233 
limited to: 234 
 a.  Accurate, itemized, and detailed records of all 235 
receipts and expenditures. 236 
 b.  A current account and a monthly, bimonthly, or 237 
quarterly statement of the account for each unit designating the 238 
name of the unit owner, the due date and amount of each 239 
assessment, the amount paid on the account, and the balance due. 240 
 c.  All audits, reviews, accounting statements, structural 241 
integrity reserve studies, and financial reports of the 242 
association or condominium. 243 
 d.  All contracts for work to be performed. Bids for work 244 
to be performed are also considered official records and must be 245 
maintained by the association for at least 1 year after receipt 246 
of the bid. 247 
 12.  Ballots, sign-in sheets, voting proxies, and all other 248 
papers and electronic records relating to voting by unit owners, 249 
which must be maintained for 1 year from the date of the 250          
 
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election, vote, or meeting to which the document relates, 251 
notwithstanding paragraph (b). 252 
 13.  All rental records if the association is acting as 253 
agent for the rental of condominium units. 254 
 14.  A copy of the current question and answer sheet as 255 
described in s. 718.504. 256 
 15.  A copy of the inspection report as describ ed in s. 257 
718.301(4)(p). 258 
 16.  Bids for materials, equipment, or services. 259 
 17.  All affirmative acknowledgments made pursuant to s. 260 
718.121(4)(c). 261 
 18.  All written recertification reports and written phase 262 
2 inspection reports if required under s. 718.132 . 263 
 19.18. All other written records of the association not 264 
specifically included in the foregoing which are related to the 265 
operation of the association. 266 
 (b)  The official records specified in subparagraphs (a)1. -267 
6. and 18. must be permanently maintained from the inception of 268 
the association. Bids for work to be performed or for materials, 269 
equipment, or services must be maintained for at least 1 year 270 
after receipt of the bid. Structural integrity reserve studies 271 
must be maintained for at least 15 years aft er the study is 272 
completed. All other official records must be maintained within 273 
the state for at least 7 years, unless otherwise provided by 274 
general law. The records of the association shall be made 275          
 
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available to a unit owner within 45 miles of the condomin ium 276 
property or within the county in which the condominium property 277 
is located within 10 working days after receipt of a written 278 
request by the board or its designee. However, such distance 279 
requirement does not apply to an association governing a 280 
timeshare condominium. This paragraph may be complied with by 281 
having a copy of the official records of the association 282 
available for inspection or copying on the condominium property 283 
or association property, or the association may offer the option 284 
of making the records available to a unit owner electronically 285 
via the Internet or by allowing the records to be viewed in 286 
electronic format on a computer screen and printed upon request. 287 
The association is not responsible for the use or misuse of the 288 
information provided to an association member or his or her 289 
authorized representative in compliance with this chapter unless 290 
the association has an affirmative duty not to disclose such 291 
information under this chapter. 292 
 (c)1.  The official records of the association are open to 293 
inspection by any association member or the authorized 294 
representative of such member at all reasonable times. The right 295 
to inspect the records includes the right to make or obtain 296 
copies, at the reasonable expense, if any, of the member or 297 
authorized representative of such member. A renter of a unit has 298 
a right to inspect and copy only the declaration of condominium , 299 
and the association's bylaws and rules , and, if applicable, the 300          
 
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association's written recertification reports and written phase 301 
2 inspection reports as described in s. 718.132 . The association 302 
may adopt reasonable rules regarding the frequency, time, 303 
location, notice, and manner of record inspections and copying 304 
but may not require a member to demonstrate any purpose or state 305 
any reason for the inspection. The failure of an association to 306 
provide the records within 10 working days after receipt of a 307 
written request creates a rebuttable presumption that the 308 
association willfully failed to comply with this paragraph. A 309 
unit owner who is denied acc ess to official records is entitled 310 
to the actual damages or minimum damages for the association's 311 
willful failure to comply. Minimum damages are $50 per calendar 312 
day for up to 10 days, beginning on the 11th working day after 313 
receipt of the written request . The failure to permit inspection 314 
entitles any person prevailing in an enforcement action to 315 
recover reasonable attorney fees from the person in control of 316 
the records who, directly or indirectly, knowingly denied access 317 
to the records. 318 
 2.  Any person who knowingly or intentionally defaces or 319 
destroys accounting records that are required by this chapter to 320 
be maintained during the period for which such records are 321 
required to be maintained, or who knowingly or intentionally 322 
fails to create or maintain acc ounting records that are required 323 
to be created or maintained, with the intent of causing harm to 324 
the association or one or more of its members, is personally 325          
 
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subject to a civil penalty under pursuant to s. 718.501(1)(d). 326 
 3.  The association must shall maintain an adequate number 327 
of copies of the declaration, articles of incorporation, bylaws, 328 
and rules, and all amendments to each of the foregoing, as well 329 
as the question and answer sheet as described in s. 718.504 and 330 
year-end financial information requir ed under this section, on 331 
the condominium property to ensure their availability to unit 332 
owners and prospective purchasers, and may charge its actual 333 
costs for preparing and furnishing these documents to those 334 
requesting the documents. An association must shall allow a 335 
member or his or her authorized representative to use a portable 336 
device, including a smartphone, tablet, portable scanner, or any 337 
other technology capable of scanning or taking photographs, to 338 
make an electronic copy of the official records in lieu of the 339 
association's providing the member or his or her authorized 340 
representative with a copy of such records. The association may 341 
not charge a member or his or her authorized representative for 342 
the use of a portable device. Notwithstanding this para graph, 343 
the following records are not accessible to unit owners: 344 
 a.  Any record protected by the lawyer -client privilege as 345 
described in s. 90.502 and any record protected by the work -346 
product privilege, including a record prepared by an association 347 
attorney or prepared at the attorney's express direction, which 348 
reflects a mental impression, conclusion, litigation strategy, 349 
or legal theory of the attorney or the association, and which 350          
 
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was prepared exclusively for civil or criminal litigation or for 351 
adversarial administrative proceedings, or which was prepared in 352 
anticipation of such litigation or proceedings until the 353 
conclusion of the litigation or proceedings. 354 
 b.  Information obtained by an association in connection 355 
with the approval of the lease, sale, or other transfer of a 356 
unit. 357 
 c.  Personnel records of association or management company 358 
employees, including, but not limited to, disciplinary, payroll, 359 
health, and insurance records. For purposes of this sub -360 
subparagraph, the term "personnel records" does not include 361 
written employment agreements with an association employee or 362 
management company, or budgetary or financial records that 363 
indicate the compensation paid to an association employee. 364 
 d.  Medical records of unit owners. 365 
 e.  Social security number s, driver license numbers, credit 366 
card numbers, e-mail addresses, telephone numbers, facsimile 367 
numbers, emergency contact information, addresses of a unit 368 
owner other than as provided to fulfill the association's notice 369 
requirements, and other personal ide ntifying information of any 370 
person, excluding the person's name, unit designation, mailing 371 
address, property address, and any address, e -mail address, or 372 
facsimile number provided to the association to fulfill the 373 
association's notice requirements. Notwith standing the 374 
restrictions in this sub -subparagraph, an association may print 375          
 
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and distribute to unit owners a directory containing the name, 376 
unit address, and all telephone numbers of each unit owner. 377 
However, an owner may exclude his or her telephone numbe rs from 378 
the directory by so requesting in writing to the association. An 379 
owner may consent in writing to the disclosure of other contact 380 
information described in this sub -subparagraph. The association 381 
is not liable for the inadvertent disclosure of informa tion that 382 
is protected under this sub -subparagraph if the information is 383 
included in an official record of the association and is 384 
voluntarily provided by an owner and not requested by the 385 
association. 386 
 f.  Electronic security measures that are used by the 387 
association to safeguard data, including passwords. 388 
 g.  The software and operating system used by the 389 
association which allow the manipulation of data, even if the 390 
owner owns a copy of the same software used by the association. 391 
The data is part of the off icial records of the association. 392 
 h.  All affirmative acknowledgments made pursuant to s. 393 
718.121(4)(c). 394 
 (g)1.  By January 1, 2019, An association managing a 395 
condominium with 150 or more units which does not contain 396 
timeshare units must shall post digital copies of the documents 397 
specified in subparagraph 2. on its website or make such 398 
documents available through an application that can be 399 
downloaded on a mobile device. 400          
 
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 a.  The association's website or application must be: 401 
 (I)  An independent website, ap plication, or web portal 402 
wholly owned and operated by the association; or 403 
 (II)  A website, application, or web portal operated by a 404 
third-party provider with whom the association owns, leases, 405 
rents, or otherwise obtains the right to operate a web page, 406 
subpage, web portal, collection of subpages or web portals, or 407 
an application which is dedicated to the association's 408 
activities and on which required notices, records, and documents 409 
may be posted or made available by the association. 410 
 b.  The association's website or application must be 411 
accessible through the Internet and must contain a subpage, web 412 
portal, or other protected electronic location that is 413 
inaccessible to the general public and accessible only to unit 414 
owners and employees of the association. 415 
 c.  Upon a unit owner's written request, the association 416 
must provide the unit owner with a username and password and 417 
access to the protected sections of the association's website or 418 
application which contain any notices, records, or documents 419 
that must be electronically provided. 420 
 2.  A current copy of the following documents must be 421 
posted in digital format on the association's website or 422 
application: 423 
 a.  The recorded declaration of condominium of each 424 
condominium operated by the association and each amendment to 425          
 
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each declaration. 426 
 b.  The recorded bylaws of the association and each 427 
amendment to the bylaws. 428 
 c.  The articles of incorporation of the association, or 429 
other documents creating the association, and each amendment to 430 
the articles of incorpora tion or other documents. The copy 431 
posted pursuant to this sub -subparagraph must be a copy of the 432 
articles of incorporation filed with the Department of State. 433 
 d.  The rules of the association. 434 
 e.  A list of all executory contracts or documents to which 435 
the association is a party or under which the association or the 436 
unit owners have an obligation or responsibility and, after 437 
bidding for the related materials, equipment, or services has 438 
closed, a list of bids received by the association within the 439 
past year. Summaries of bids for materials, equipment, or 440 
services which exceed $500 must be maintained on the website or 441 
application for 1 year. In lieu of summaries, complete copies of 442 
the bids may be posted. 443 
 f.  The annual budget required by s. 718.112(2)(f) a nd any 444 
proposed budget to be considered at the annual meeting. 445 
 g.  The financial report required by subsection (13) and 446 
any monthly income or expense statement to be considered at a 447 
meeting. 448 
 h.  The certification of each director required by s. 449 
718.112(2)(d)4.b. 450          
 
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 i.  All contracts or transactions between the association 451 
and any director, officer, corporation, firm, or association 452 
that is not an affiliated condominium association or any other 453 
entity in which an association director is also a director or 454 
officer and financially interested. 455 
 j.  Any contract or document regarding a conflict of 456 
interest or possible conflict of interest as provided in ss. 457 
468.436(2)(b)6. and 718.3027(3). 458 
 k.  The notice of any unit owner meeting and the agenda for 459 
the meeting, as required by s. 718.112(2)(d)3., no later than 14 460 
days before the meeting. The notice must be posted in plain view 461 
on the front page of the website or application, or on a 462 
separate subpage of the website or application labeled "Notices" 463 
which is conspicuously visible and linked from the front page. 464 
The association must also post on its website or application any 465 
document to be considered and voted on by the owners during the 466 
meeting or any document listed on the agenda at least 7 days 467 
before the meeting a t which the document or the information 468 
within the document will be considered. 469 
 l.  Notice of any board meeting, the agenda, and any other 470 
document required for the meeting as required by s. 471 
718.112(2)(c), which must be posted no later than the date 472 
required for notice under s. 718.112(2)(c). 473 
 m.  The association's most recent structural integrity 474 
reserve study, if applicable. 475          
 
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 n.  The association's most recent written recertification 476 
report and written phase 2 inspection report as described in s. 477 
718.132, if applicable. 478 
 3.  The association shall ensure that the information and 479 
records described in paragraph (c), which are not allowed to be 480 
accessible to unit owners, are not posted on the association's 481 
website or application. If protected information or in formation 482 
restricted from being accessible to unit owners is included in 483 
documents that are required to be posted on the association's 484 
website or application, the association must shall ensure the 485 
information is redacted before posting the documents. 486 
Notwithstanding the foregoing, the association or its agent is 487 
not liable for disclosing information that is protected or 488 
restricted under this paragraph unless such disclosure was made 489 
with a knowing or intentional disregard of the protected or 490 
restricted nature of such information. 491 
 4.  The failure of the association to post information 492 
required under subparagraph 2. is not in and of itself 493 
sufficient to invalidate any action or decision of the 494 
association's board or its committees. 495 
 Section 6.  Paragraphs ( g) through (o) of subsection (2) of 496 
section 718.112, Florida Statutes, are redesignated as 497 
paragraphs (h) through (p), respectively, paragraphs (d) and (f) 498 
of that subsection are amended, and a new paragraph (g) is added 499 
to that subsection, to read: 500          
 
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 718.112  Bylaws.— 501 
 (2)  REQUIRED PROVISIONS. —The bylaws shall provide for the 502 
following and, if they do not do so, shall be deemed to include 503 
the following: 504 
 (d)  Unit owner meetings. — 505 
 1.  An annual meeting of the unit owners must be held at 506 
the location provided in the association bylaws and, if the 507 
bylaws are silent as to the location, the meeting must be held 508 
within 45 miles of the condominium property. However, such 509 
distance requirement does not apply to an association governing 510 
a timeshare condominium. 511 
 2. Unless the bylaws provide otherwise, a vacancy on the 512 
board caused by the expiration of a director's term must be 513 
filled by electing a new board member, and the election must be 514 
by secret ballot. An election is not required if the number of 515 
vacancies equals or exceeds the number of candidates. For 516 
purposes of this paragraph, the term "candidate" means an 517 
eligible person who has timely submitted the written notice, as 518 
described in sub-subparagraph 4.a., of his or her intention to 519 
become a candidate. Except in a timeshare or nonresidential 520 
condominium, or if the staggered term of a board member does not 521 
expire until a later annual meeting, or if all members' terms 522 
would otherwise expire but there are no candidates, the terms of 523 
all board members expire at th e annual meeting, and such members 524 
may stand for reelection unless prohibited by the bylaws. Board 525          
 
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members may serve terms longer than 1 year if permitted by the 526 
bylaws or articles of incorporation. A board member may not 527 
serve more than 8 consecutive year s unless approved by an 528 
affirmative vote of unit owners representing two -thirds of all 529 
votes cast in the election or unless there are not enough 530 
eligible candidates to fill the vacancies on the board at the 531 
time of the vacancy. Only board service that occu rs on or after 532 
July 1, 2018, may be used when calculating a board member's term 533 
limit. If the number of board members whose terms expire at the 534 
annual meeting equals or exceeds the number of candidates, the 535 
candidates become members of the board effective upon the 536 
adjournment of the annual meeting. Unless the bylaws provide 537 
otherwise, any remaining vacancies shall be filled by the 538 
affirmative vote of the majority of the directors making up the 539 
newly constituted board even if the directors constitute less 540 
than a quorum or there is only one director. In a residential 541 
condominium association of more than 10 units or in a 542 
residential condominium association that does not include 543 
timeshare units or timeshare interests, co -owners of a unit may 544 
not serve as members of the board of directors at the same time 545 
unless they own more than one unit or unless there are not 546 
enough eligible candidates to fill the vacancies on the board at 547 
the time of the vacancy. A unit owner in a residential 548 
condominium desiring to be a cand idate for board membership must 549 
comply with sub-subparagraph 4.a. and must be eligible to be a 550          
 
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candidate to serve on the board of directors at the time of the 551 
deadline for submitting a notice of intent to run in order to 552 
have his or her name listed as a pr oper candidate on the ballot 553 
or to serve on the board. A person who has been suspended or 554 
removed by the division under this chapter, or who is delinquent 555 
in the payment of any assessment due to the association, is not 556 
eligible to be a candidate for board membership and may not be 557 
listed on the ballot. For purposes of this paragraph, a person 558 
is delinquent if a payment is not made by the due date as 559 
specifically identified in the declaration of condominium, 560 
bylaws, or articles of incorporation. If a due dat e is not 561 
specifically identified in the declaration of condominium, 562 
bylaws, or articles of incorporation, the due date is the first 563 
day of the assessment period. A person who has been convicted of 564 
any felony in this state or in a United States District or 565 
Territorial Court, or who has been convicted of any offense in 566 
another jurisdiction which would be considered a felony if 567 
committed in this state, is not eligible for board membership 568 
unless such felon's civil rights have been restored for at least 569 
5 years as of the date such person seeks election to the board. 570 
The validity of an action by the board is not affected if it is 571 
later determined that a board member is ineligible for board 572 
membership due to having been convicted of a felony. This 573 
subparagraph does not limit the term of a member of the board of 574 
a nonresidential or timeshare condominium. 575          
 
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 3.  The bylaws must provide the method of calling meetings 576 
of unit owners, including annual meetings. Written notice of an 577 
annual meeting must include an agenda; b e mailed, hand 578 
delivered, or electronically transmitted to each unit owner at 579 
least 14 days before the annual meeting; and be posted in a 580 
conspicuous place on the condominium property or association 581 
property at least 14 continuous days before the annual me eting. 582 
Written notice of a meeting other than an annual meeting must 583 
include an agenda; be mailed, hand delivered, or electronically 584 
transmitted to each unit owner; and be posted in a conspicuous 585 
place on the condominium property or association property wi thin 586 
the timeframe specified in the bylaws. If the bylaws do not 587 
specify a timeframe for written notice of a meeting other than 588 
an annual meeting, notice must be provided at least 14 589 
continuous days before the meeting. Upon notice to the unit 590 
owners, the board shall, by duly adopted rule, designate a 591 
specific location on the condominium property or association 592 
property where all notices of unit owner meetings must be 593 
posted. This requirement does not apply if there is no 594 
condominium property for posting not ices. In lieu of, or in 595 
addition to, the physical posting of meeting notices, the 596 
association may, by reasonable rule, adopt a procedure for 597 
conspicuously posting and repeatedly broadcasting the notice and 598 
the agenda on a closed -circuit cable television sy stem serving 599 
the condominium association. However, if broadcast notice is 600          
 
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used in lieu of a notice posted physically on the condominium 601 
property, the notice and agenda must be broadcast at least four 602 
times every broadcast hour of each day that a posted not ice is 603 
otherwise required under this section. If broadcast notice is 604 
provided, the notice and agenda must be broadcast in a manner 605 
and for a sufficient continuous length of time so as to allow an 606 
average reader to observe the notice and read and comprehend the 607 
entire content of the notice and the agenda. In addition to any 608 
of the authorized means of providing notice of a meeting of the 609 
board, the association may, by rule, adopt a procedure for 610 
conspicuously posting the meeting notice and the agenda on a 611 
website serving the condominium association for at least the 612 
minimum period of time for which a notice of a meeting is also 613 
required to be physically posted on the condominium property. 614 
Any rule adopted shall, in addition to other matters, include a 615 
requirement that the association send an electronic notice in 616 
the same manner as a notice for a meeting of the members, which 617 
must include a hyperlink to the website where the notice is 618 
posted, to unit owners whose e -mail addresses are included in 619 
the association's official records. Unless a unit owner waives 620 
in writing the right to receive notice of the annual meeting, 621 
such notice must be hand delivered, mailed, or electronically 622 
transmitted to each unit owner. Notice for meetings and notice 623 
for all other purposes must be mailed to each unit owner at the 624 
address last furnished to the association by the unit owner, or 625          
 
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hand delivered to each unit owner. However, if a unit is owned 626 
by more than one person, the association must provide notice to 627 
the address that the dev eloper identifies for that purpose and 628 
thereafter as one or more of the owners of the unit advise the 629 
association in writing, or if no address is given or the owners 630 
of the unit do not agree, to the address provided on the deed of 631 
record. An officer of the association, or the manager or other 632 
person providing notice of the association meeting, must provide 633 
an affidavit or United States Postal Service certificate of 634 
mailing, to be included in the official records of the 635 
association affirming that the notice was mailed or hand 636 
delivered in accordance with this provision. 637 
 4.  The members of the board of a residential condominium 638 
shall be elected by written ballot or voting machine. Proxies 639 
may not be used in electing the board in general elections or 640 
elections to fill vacancies caused by recall, resignation, or 641 
otherwise, unless otherwise provided in this chapter. This 642 
subparagraph does not apply to an association governing a 643 
timeshare condominium. 644 
 a.  At least 60 days before a scheduled election, the 645 
association shall mail, deliver, or electronically transmit, by 646 
separate association mailing or included in another association 647 
mailing, delivery, or transmission, including regularly 648 
published newsletters, to each unit owner entitled to a vote, a 649 
first notice of the date of the election. A unit owner or other 650          
 
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eligible person desiring to be a candidate for the board must 651 
give written notice of his or her intent to be a candidate to 652 
the association at least 40 days before a scheduled election. 653 
Together with the writ ten notice and agenda as set forth in 654 
subparagraph 3., the association shall mail, deliver, or 655 
electronically transmit a second notice of the election to all 656 
unit owners entitled to vote, together with a ballot that lists 657 
all candidates not less than 14 da ys or more than 34 days before 658 
the date of the election. Upon request of a candidate, an 659 
information sheet, no larger than 8 1/2 inches by 11 inches, 660 
which must be furnished by the candidate at least 35 days before 661 
the election, must be included with the m ailing, delivery, or 662 
transmission of the ballot, with the costs of mailing, delivery, 663 
or electronic transmission and copying to be borne by the 664 
association. The association is not liable for the contents of 665 
the information sheets prepared by the candidates . In order to 666 
reduce costs, the association may print or duplicate the 667 
information sheets on both sides of the paper. The division 668 
shall by rule establish voting procedures consistent with this 669 
sub-subparagraph, including rules establishing procedures for 670 
giving notice by electronic transmission and rules providing for 671 
the secrecy of ballots. Elections shall be decided by a 672 
plurality of ballots cast. There is no quorum requirement; 673 
however, at least 20 percent of the eligible voters must cast a 674 
ballot in order to have a valid election. A unit owner may not 675          
 
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authorize any other person to vote his or her ballot, and any 676 
ballots improperly cast are invalid. A unit owner who violates 677 
this provision may be fined by the association in accordance 678 
with s. 718.303. A unit owner who needs assistance in casting 679 
the ballot for the reasons stated in s. 101.051 may obtain such 680 
assistance. The regular election must occur on the date of the 681 
annual meeting. Notwithstanding this sub -subparagraph, an 682 
election is not required unl ess more candidates file notices of 683 
intent to run or are nominated than board vacancies exist. 684 
 b.  Within 90 days after being elected or appointed to the 685 
board of an association of a residential condominium, each newly 686 
elected or appointed director shall certify in writing to the 687 
secretary of the association that he or she has read the 688 
association's declaration of condominium, articles of 689 
incorporation, bylaws, and current written policies; that he or 690 
she will work to uphold such documents and policies to the best 691 
of his or her ability; and that he or she will faithfully 692 
discharge his or her fiduciary responsibility to the 693 
association's members. In lieu of this written certification, 694 
within 90 days after being elected or appointed to the board, 695 
the newly elected or appointed director may submit a certificate 696 
of having satisfactorily completed the educational curriculum 697 
administered by a division -approved condominium education 698 
provider within 1 year before or 90 days after the date of 699 
election or appointment. The written certification or 700          
 
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educational certificate is valid and does not have to be 701 
resubmitted as long as the director serves on the board without 702 
interruption. A director of an association of a residential 703 
condominium who fails to timely file the writ ten certification 704 
or educational certificate is suspended from service on the 705 
board until he or she complies with this sub -subparagraph. The 706 
board may temporarily fill the vacancy during the period of 707 
suspension. The secretary shall cause the association t o retain 708 
a director's written certification or educational certificate 709 
for inspection by the members for 5 years after a director's 710 
election or the duration of the director's uninterrupted tenure, 711 
whichever is longer. Failure to have such written certifica tion 712 
or educational certificate on file does not affect the validity 713 
of any board action. 714 
 c.  Any challenge to the election process must be commenced 715 
within 60 days after the election results are announced. 716 
 5.  Any approval by unit owners called for by t his chapter 717 
or the applicable declaration or bylaws, including, but not 718 
limited to, the approval requirement in s. 718.111(8), must be 719 
made at a duly noticed meeting of unit owners and is subject to 720 
all requirements of this chapter or the applicable condom inium 721 
documents relating to unit owner decisionmaking, except that 722 
unit owners may take action by written agreement, without 723 
meetings, on matters for which action by written agreement 724 
without meetings is expressly allowed by the applicable bylaws 725          
 
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or declaration or any law that provides for such action. 726 
 6.  Unit owners may waive notice of specific meetings if 727 
allowed by the applicable bylaws or declaration or any law. 728 
Notice of meetings of the board of administration, unit owner 729 
meetings, except unit owner meetings called to recall board 730 
members under paragraph (k) (j), and committee meetings may be 731 
given by electronic transmission to unit owners who consent to 732 
receive notice by electronic transmission. A unit owner who 733 
consents to receiving notices by elect ronic transmission is 734 
solely responsible for removing or bypassing filters that block 735 
receipt of mass e-mails sent to members on behalf of the 736 
association in the course of giving electronic notices. 737 
 7.  Unit owners have the right to participate in meetings 738 
of unit owners with reference to all designated agenda items. 739 
However, the association may adopt reasonable rules governing 740 
the frequency, duration, and manner of unit owner participation. 741 
 8.  A unit owner may tape record or videotape a meeting o f 742 
the unit owners subject to reasonable rules adopted by the 743 
division. 744 
 9.  Unless otherwise provided in the bylaws, any vacancy 745 
occurring on the board before the expiration of a term may be 746 
filled by the affirmative vote of the majority of the remaining 747 
directors, even if the remaining directors constitute less than 748 
a quorum, or by the sole remaining director. In the alternative, 749 
a board may hold an election to fill the vacancy, in which case 750          
 
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the election procedures must conform to sub -subparagraph 4.a. 751 
unless the association governs 10 units or fewer and has opted 752 
out of the statutory election process, in which case the bylaws 753 
of the association control. Unless otherwise provided in the 754 
bylaws, a board member appointed or elected under this section 755 
shall fill the vacancy for the unexpired term of the seat being 756 
filled. Filling vacancies created by recall is governed by 757 
paragraph (k) (j) and rules adopted by the division. 758 
 10.  This chapter does not limit the use of general or 759 
limited proxies, require the use of general or limited proxies, 760 
or require the use of a written ballot or voting machine for any 761 
agenda item or election at any meeting of a timeshare 762 
condominium association or nonresidential condominium 763 
association. 764 
 765 
Notwithstanding subparagraph (b)2. and sub-subparagraph 4.a., an 766 
association of 10 or fewer units may, by affirmative vote of a 767 
majority of the total voting interests, provide for different 768 
voting and election procedures in its bylaws, which may be by a 769 
proxy specifically delineating the d ifferent voting and election 770 
procedures. The different voting and election procedures may 771 
provide for elections to be conducted by limited or general 772 
proxy. 773 
 (f)  Annual budget.— 774 
 1.  The proposed annual budget of estimated revenues and 775          
 
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expenses must be detailed and must show the amounts budgeted by 776 
accounts and expense classifications, including, at a minimum, 777 
any applicable expenses listed in s. 718.504(21). The board 778 
shall adopt the annual budget at least 14 days before prior to 779 
the start of the associat ion's fiscal year. In the event that 780 
the board fails to timely adopt the annual budget a second time, 781 
it is shall be deemed a minor violation and the prior year's 782 
budget shall continue in effect until a new budget is adopted. A 783 
multicondominium association must shall adopt a separate budget 784 
of common expenses for each condominium the association operates 785 
and must shall adopt a separate budget of common expenses for 786 
the association. In addition, if the association maintains 787 
limited common elements with the c ost to be shared only by those 788 
entitled to use the limited common elements as provided for in 789 
s. 718.113(1), the budget or a schedule attached to it must show 790 
the amount budgeted for this maintenance. If, after turnover of 791 
control of the association to the unit owners, any of the 792 
expenses listed in s. 718.504(21) are not applicable, they do 793 
need not need to be listed. 794 
 2.a.  In addition to annual operating expenses, the budget 795 
must include reserve accounts for capital expenditures and 796 
deferred maintenance. These accounts must include, but are not 797 
limited to, roof replacement, building painting, and pavement 798 
resurfacing, regardless of the amount of deferred maintenance 799 
expense or replacement cost, and any other item that has a 800          
 
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deferred maintenance expense or replacement cost that exceeds 801 
$10,000. The amount to be reserved for an item is determined by 802 
the association's most recent structural integrity reserve 803 
study. If the amount to be reserved for an item is not in the 804 
association's most recent structural inte grity reserve study or 805 
the association has not completed a structural integrity reserve 806 
study, the amount must be computed using a formula based upon 807 
estimated remaining useful life and estimated replacement cost 808 
or deferred maintenance expense of the each reserve item. The 809 
association may adjust replacement reserve assessments annually 810 
to take into account any changes in estimates or extension of 811 
the useful life of a reserve item caused by deferred 812 
maintenance. This subsection does not apply to an adopted budget 813 
in which The members of a unit-owner controlled an association 814 
may determine have determined, by a majority vote at a duly 815 
called meeting of the association, to provide no reserves or 816 
less reserves than required by this subsection. Effective July 817 
1, 2024, the members of a unit -owner controlled association may 818 
not determine to provide no reserves or less reserves than 819 
required by this subsection for items listed in paragraph (g). 820 
 b.  Before turnover of control of an association by a 821 
developer to unit owners other than a developer under pursuant 822 
to s. 718.301, the developer-controlled association developer 823 
may not vote the voting interests allocated to its units to 824 
waive the reserves or reduce the funding of the reserves through 825          
 
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the period expiring at the end of the second fiscal year after 826 
the fiscal year in which the certificate of a surveyor and 827 
mapper is recorded pursuant to s. 718.104(4)(e) or an instrument 828 
that transfers title to a unit in the condominium which is not 829 
accompanied by a recorded ass ignment of developer rights in 830 
favor of the grantee of such unit is recorded, whichever occurs 831 
first, after which time reserves may be waived or reduced only 832 
upon the vote of a majority of all nondeveloper voting interests 833 
voting in person or by limited pr oxy at a duly called meeting of 834 
the association. If a meeting of the unit owners has been called 835 
to determine whether to waive or reduce the funding of reserves 836 
and no such result is achieved or a quorum is not attained, the 837 
reserves included in the budget shall go into effect. After the 838 
turnover, the developer may vote its voting interest to waive or 839 
reduce the funding of reserves. 840 
 3.  Reserve funds and any interest accruing thereon shall 841 
remain in the reserve account or accounts, and may be used only 842 
for authorized reserve expenditures unless their use for other 843 
purposes is approved in advance by a majority vote at a duly 844 
called meeting of the association. Before turnover of control of 845 
an association by a developer to unit owners other than the 846 
developer pursuant to s. 718.301, the developer -controlled 847 
association may not vote to use reserves for purposes other than 848 
those for which they were intended . Effective July 1, 2024, 849 
members of a unit-owner controlled association may not vote to 850          
 
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use reserve funds, or any interest accruing thereon, that are 851 
reserved for items listed in paragraph (g) for any other purpose 852 
other than their intended purpose without the approval of a 853 
majority of all nondeveloper voting interests, voting in person 854 
or by limited proxy at a duly called meeting of the association . 855 
 4.  The only voting interests that are eligible to vote on 856 
questions that involve waiving or reducing the funding of 857 
reserves, or using existing reserve funds for purposes other 858 
than purposes for which the reserves were intended, are the 859 
voting interests of the units subject to assessment to fund the 860 
reserves in question. Proxy questions relating to waiving or 861 
reducing the funding of reserves or using existing reserve funds 862 
for purposes other than purposes for which the reserves were 863 
intended must contain the following statement in capitalized, 864 
bold letters in a font size larger than any other used on the 865 
face of the proxy ballot: WAIVING OF RESERVES, IN WHOLE OR IN 866 
PART, OR ALLOWING ALTERNATIVE USES OF EXISTING RESE RVES MAY 867 
RESULT IN UNIT OWNER LIABILITY FOR PAYMENT OF UNANTICIPATED 868 
SPECIAL ASSESSMENTS REGARDING THOSE ITEMS. 869 
 (g)  Structural integrity reserve study. — 870 
 1.  An association must have a structural integrity reserve 871 
study completed at least every 10 years after the condominium's 872 
creation for each building on the condominium property that is 873 
three stories or higher in height which includes, at a minimum, 874 
a study of the following items as related to the structural 875          
 
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integrity and safety of the building: 876 
 a.  Roof. 877 
 b.  Load-bearing walls or other primary structural members. 878 
 c.  Floor. 879 
 d.  Foundation. 880 
 e.  Fireproofing and fire protection systems. 881 
 f.  Plumbing. 882 
 g.  Electrical systems. 883 
 h.  Waterproofing and exterior painting. 884 
 i.  Windows. 885 
 j.  Any other item that has a deferred maintenance expense 886 
or replacement cost that exceeds $10,000 and the failure to 887 
replace or maintain such item negatively affects the items 888 
listed in subparagraphs a. -i., as determined by the licensed 889 
engineer or architect performing th e visual inspection portion 890 
of the structural integrity reserve study. 891 
 2.  Before a developer turns over control of an association 892 
to unit owners other than the developer, the developer must have 893 
a structural integrity reserve study completed for each bui lding 894 
on the condominium property that is three stories or higher in 895 
height. 896 
 3.  Associations existing on or before July 1, 2022, which 897 
are controlled by unit owners other than the developer, must 898 
have a structural integrity reserve study completed by Jul y 1, 899 
2024, for each building on the condominium property that is 900          
 
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three stories or higher in height. 901 
 4.  If an association fails to complete a structural 902 
integrity reserve study pursuant to this paragraph, such failure 903 
is a breach of an officer's and direc tor's fiduciary 904 
relationship to the unit owners under s. 718.111(1). 905 
 Section 7.  Paragraph (f) of subsection (8) of section 906 
718.116, Florida Statutes, is amended to read: 907 
 718.116  Assessments; liability; lien and priority; 908 
interest; collection. — 909 
 (8)  Within 10 business days after receiving a written or 910 
electronic request therefor from a unit owner or the unit 911 
owner's designee, or a unit mortgagee or the unit mortgagee's 912 
designee, the association shall issue the estoppel certificate. 913 
Each association shall designate on its website a person or 914 
entity with a street or e -mail address for receipt of a request 915 
for an estoppel certificate issued pursuant to this section. The 916 
estoppel certificate must be provided by hand delivery, regular 917 
mail, or e-mail to the requestor on the date of issuance of the 918 
estoppel certificate. 919 
 (f)  Notwithstanding any limitation on transfer fees 920 
contained in s. 718.112(2)(j) s. 718.112(2)(i), an association 921 
or its authorized agent may charge a reasonable fee for the 922 
preparation and delivery of an estoppel certificate, which may 923 
not exceed $250, if, on the date the certificate is issued, no 924 
delinquent amounts are owed to the association for the 925          
 
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applicable unit. If an estoppel certificate is requested on an 926 
expedited basis and deliver ed within 3 business days after the 927 
request, the association may charge an additional fee of $100. 928 
If a delinquent amount is owed to the association for the 929 
applicable unit, an additional fee for the estoppel certificate 930 
may not exceed $150. 931 
 Section 8.  Paragraph (c) of subsection (2) of section 932 
718.117, Florida Statutes, is redesignated as paragraph (d), 933 
paragraph (b) of subsection (8) is amended, and a new paragraph 934 
(c) is added to subsection (2) of that section, to read: 935 
 718.117  Termination of condo minium.— 936 
 (2)  TERMINATION BECAUSE OF ECONOMIC WASTE OR 937 
IMPOSSIBILITY.— 938 
 (c)1.  Notwithstanding paragraph (a), a condominium that 939 
has a building that has received a phase 2 inspection under s. 940 
718.132 with recommended repairs for substantial structural 941 
deterioration, as defined in s. 718.132(1), that exceed 65 942 
percent of the combined fair market value of the units in the 943 
condominium after completion of the construction or repairs may 944 
be terminated pursuant to a plan of termination approved by a 945 
majority of the total voting interests of the condominium. Such 946 
termination must be approved at a properly called meeting of the 947 
association with the voting interests voting in person or by 948 
limited proxy. A bulk owner has the same number of voting 949 
interests as a singl e unit owner under this paragraph. For 950          
 
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purposes of this paragraph, the term "bulk owner" has the same 951 
meaning as in paragraph (3)(c). 952 
 2.  Written notice of the meeting must include an agenda 953 
that conspicuously states that a plan of termination of the 954 
condominium will be considered. The written notice must be 955 
mailed, hand delivered, or electronically transmitted to each 956 
unit owner at least 14 days before the meeting and must be 957 
posted in a conspicuous place on the condominium property or the 958 
association property at least 14 continuous days before the 959 
meeting. 960 
 3.  The fair market value of the units in the condominium 961 
must be determined by an independent appraiser selected by the 962 
termination trustee no earlier than 90 days before the date on 963 
which the plan of termination is recorded. 964 
 (8)  REPORTS AND REPLACEMENT OF RECEIVER. — 965 
 (b)  The unit owners of an association in termination may 966 
recall or remove members of the board of administration with or 967 
without cause at any time as provided in s. 718.112(2)(k) s. 968 
718.112(2)(j). 969 
 Section 9.  Section 718.132, Florida Statutes, is created 970 
to read: 971 
 718.132  Building recertification. — 972 
 (1)  As used in this section, the term: 973 
 (a)  "Coastline" has the same meaning as in the Submerged 974 
Lands Act, 43 U.S.C. s. 1301(c). 975          
 
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 (b)  "Phase 2 inspection" means an inspection that includes 976 
destructive and nondestructive testing at the discretion of the 977 
person performing the inspection and a written report of such 978 
inspection. A phase 2 inspection must be performed by an 979 
engineer licensed under chapter 471 or an architect licensed 980 
under chapter 481. 981 
 (c)  "Recertification" or "recertify" means a visual 982 
inspection of a building's general structural condition and the 983 
general condition of its electrical system, including a written 984 
report of such inspection, performed by an engineer licensed 985 
under chapter 471 or an architect licensed under chapter 481. 986 
 (d)  "Substantial structural deterioration" means 987 
substantial structural distress that negatively affects a 988 
building's general structural con dition and integrity. Surface 989 
imperfections such as cracks, distortion, sagging, deflections, 990 
misalignment, signs of leakage, or peeling of finishes are not 991 
considered substantial structural deterioration unless the 992 
licensed engineer or architect performin g the recertification or 993 
phase 2 inspection determines that such surface imperfections 994 
are a sign of substantial structural distress. 995 
 (e)  "Visual inspection" means a visual examination of the 996 
items listed in s. 718.112(2)(g). 997 
 (2)(a)  An association must have any building on 998 
condominium property that is three stories or higher in height 999 
and that has been occupied for at least 30 years, or 25 years if 1000          
 
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the building is within 3 miles of the coastline of the state, 1001 
recertified as determined by the local build ing official. 1002 
 (b)  An association must have any building on condominium 1003 
property that is required to be recertified under paragraph (a) 1004 
recertified at least every 10 years after its first 1005 
recertification. 1006 
 (3)  Upon determining that a building on condomin ium 1007 
property must be recertified, the local building official must 1008 
provide written notice of such required recertification to the 1009 
association by certified mail, return receipt requested. 1010 
 (4)(a)  Within 90 days after receiving the written notice 1011 
under subsection (3), or within 180 days if the association 1012 
receives the written notice before July 1, 2023, the association 1013 
or the association's manager must provide the written 1014 
recertification report by e -mail, United States Postal Service, 1015 
or commercial delivery service to the local building official 1016 
and state the date on which the association received such report 1017 
from the licensed engineer or architect who performed the 1018 
recertification. 1019 
 (b)  Within 14 days after receiving the written 1020 
recertification report from the licensed engineer or architect 1021 
who performed the recertification, the association must provide 1022 
the written recertification report by e -mail, United States 1023 
Postal Service, or commercial delivery service to each unit 1024 
owner. 1025          
 
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 (5)  Upon completing a recert ification, the licensed 1026 
engineer or architect who performed the recertification must 1027 
provide a written recertification report by e -mail, United 1028 
States Postal Service, or commercial delivery service to the 1029 
association. The written recertification report mus t, at a 1030 
minimum: 1031 
 (a)  Bear the seal and signature, or the electronic 1032 
signature, of the licensed engineer or architect who performed 1033 
the inspection. 1034 
 (b)  Indicate the manner and type of inspection forming the 1035 
basis for the written recertification report a nd a description 1036 
of any items identified as requiring further inspection or 1037 
remedial action. 1038 
 (c)  Indicate whether there is damage to the items listed 1039 
in s. 718.112(2)(g), within a reasonable professional 1040 
probability based on the scope of the inspection, and list any 1041 
recommended repairs for such damage. 1042 
 (d)  Indicate whether there is substantial structural 1043 
deterioration within a reasonable professional probability based 1044 
on the scope of the inspection. 1045 
 (e)  State whether unsafe or dangerous conditions, as those 1046 
terms are defined in the Florida Building Code, were observed. 1047 
 (6)(a)  If a written recertification report indicates that 1048 
there is substantial structural deterioration within a 1049 
reasonable professional probability based on the scope of the 1050          
 
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inspection, the local building official must provide written 1051 
notice to the association by certified mail, return receipt 1052 
requested, that the association must have a phase 2 inspection 1053 
performed. 1054 
 (b)  Within 60 days after receiving the written notice 1055 
under paragraph (a), the association must provide written notice 1056 
to the local building official by e -mail, United States Postal 1057 
Service, or commercial delivery service that includes the start 1058 
date of the phase 2 inspection and the name and contact 1059 
information of the licensed engineer or architect who will 1060 
perform the phase 2 inspection. 1061 
 (c)  The written phase 2 inspection report must, at a 1062 
minimum: 1063 
 1.  Bear the seal and signature, or the electronic 1064 
signature, of the licensed engineer or architect who performed 1065 
the inspection. 1066 
 2.  Indicate the manner and type of inspection forming the 1067 
basis for the written report. 1068 
 3.  State whether there is substantial structural 1069 
deterioration, within a reasonable professional probability 1070 
based on the scope of the inspection, and the extent of such 1071 
deterioration and list any recommended repairs for such 1072 
deterioration. 1073 
 4.  State whether unsafe or dangerous conditions, as those 1074 
terms are defined in the Florida Building Code, were observed. 1075          
 
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 (d)  The licensed engineer or architec t performing the 1076 
phase 2 inspection must provide the written phase 2 inspection 1077 
report by e-mail, United States Postal Service, or commercial 1078 
delivery service to the local building official and the 1079 
association upon completion. 1080 
 (e)  Within 14 days after re ceiving the written phase 2 1081 
inspection report from the licensed engineer or architect who 1082 
performed the phase 2 inspection, the association must provide 1083 
the written phase 2 inspection report by e -mail, United States 1084 
Postal Service, or commercial delivery s ervice to each unit 1085 
owner. 1086 
 (7)(a)  A local building official may prescribe penalties, 1087 
which must be posted on the building department's website, for 1088 
failure to comply with this section. 1089 
 (b)  If an association fails to schedule or begin repairs 1090 
that are identified in the written phase 2 inspection report 1091 
within a time period to be determined by the county 1092 
commissioners of the county where the building is located, which 1093 
time period may not exceed 365 days after the local building 1094 
official receives the writ ten phase 2 inspection report, the 1095 
local building official must determine that the building is 1096 
unsafe for human occupancy until such repairs are scheduled or 1097 
begin. 1098 
 (8)  If an association fails to complete a recertification 1099 
or phase 2 inspection pursuant to this section, such failure is 1100          
 
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a breach of an officer's and director's fiduciary relationship 1101 
to the unit owners under s. 718.111(1). 1102 
 Section 10.  Paragraphs (r), (s), and (t) are added to 1103 
subsection (4) of section 718.301, Florida Statutes, to read: 1104 
 718.301  Transfer of association control; claims of defect 1105 
by association.— 1106 
 (4)  At the time that unit owners other than the developer 1107 
elect a majority of the members of the board of administration 1108 
of an association, the developer shall relinquish contro l of the 1109 
association, and the unit owners shall accept control. 1110 
Simultaneously, or for the purposes of paragraph (c) not more 1111 
than 90 days thereafter, the developer shall deliver to the 1112 
association, at the developer's expense, all property of the 1113 
unit owners and of the association which is held or controlled 1114 
by the developer, including, but not limited to, the following 1115 
items, if applicable, as to each condominium operated by the 1116 
association: 1117 
 (r)  A copy of the association's most recent structural 1118 
integrity reserve study. 1119 
 (s)  If a building on the condominium property must be 1120 
recertified under s. 718.132, a copy of the association's most 1121 
recent written recertification report. 1122 
 (t)  If a building on the condominium property must have a 1123 
phase 2 inspection pe rformed under s. 718.132, a copy of the 1124 
association's most recent written phase 2 inspection report. 1125          
 
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 Section 11.  Subsection (1) of section 718.501, Florida 1126 
Statutes, is amended, and subsection (3) is added to that 1127 
section, to read: 1128 
 718.501  Authority, responsibility, and duties of Division 1129 
of Florida Condominiums, Timeshares, and Mobile Homes. — 1130 
 (1)  The division may enforce and ensure compliance with 1131 
this chapter and rules relating to the development, 1132 
construction, sale, lease, ownership, operation, a nd management 1133 
of residential condominium units. In performing its duties, the 1134 
division has complete jurisdiction to investigate complaints and 1135 
enforce compliance with respect to associations that are still 1136 
under developer control or the control of a bulk a ssignee or 1137 
bulk buyer pursuant to part VII of this chapter and complaints 1138 
against developers, bulk assignees, or bulk buyers involving 1139 
improper turnover or failure to turnover, pursuant to s. 1140 
718.301. However, after turnover has occurred, the division has 1141 
jurisdiction to investigate complaints related only to financial 1142 
issues, elections, and the maintenance of and unit owner access 1143 
to association records under s. 718.111(12) , and the procedural 1144 
completion of structural integrity reserve studies under s. 1145 
718.112(2)(g) and recertifications and phase 2 inspections under 1146 
s. 718.132. 1147 
 (a)1.  The division may make necessary public or private 1148 
investigations within or outside this state to determine whether 1149 
any person has violated this chapter or any rule or order 1150          
 
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hereunder, to aid in the enforcement of this chapter, or to aid 1151 
in the adoption of rules or forms. 1152 
 2.  The division may submit any official written report, 1153 
worksheet, or other related paper, or a duly certified copy 1154 
thereof, compiled, prepared, drafted, or otherwise made by and 1155 
duly authenticated by a financial examiner or analyst to be 1156 
admitted as competent evidence in any hearing in which the 1157 
financial examiner or analyst is available for cross -examination 1158 
and attests under oath that such documents were p repared as a 1159 
result of an examination or inspection conducted pursuant to 1160 
this chapter. 1161 
 (b)  The division may require or permit any person to file 1162 
a statement in writing, under oath or otherwise, as the division 1163 
determines, as to the facts and circumstanc es concerning a 1164 
matter to be investigated. 1165 
 (c)  For the purpose of any investigation under this 1166 
chapter, the division director or any officer or employee 1167 
designated by the division director may administer oaths or 1168 
affirmations, subpoena witnesses and comp el their attendance, 1169 
take evidence, and require the production of any matter which is 1170 
relevant to the investigation, including the existence, 1171 
description, nature, custody, condition, and location of any 1172 
books, documents, or other tangible things and the id entity and 1173 
location of persons having knowledge of relevant facts or any 1174 
other matter reasonably calculated to lead to the discovery of 1175          
 
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material evidence. Upon the failure by a person to obey a 1176 
subpoena or to answer questions propounded by the investigatin g 1177 
officer and upon reasonable notice to all affected persons, the 1178 
division may apply to the circuit court for an order compelling 1179 
compliance. 1180 
 (d)  Notwithstanding any remedies available to unit owners 1181 
and associations, if the division has reasonable cause to 1182 
believe that a violation of any provision of this chapter or 1183 
related rule has occurred, the division may institute 1184 
enforcement proceedings in its own name against any developer, 1185 
bulk assignee, bulk buyer, association, officer, or member of 1186 
the board of administration, or its assignees or agents, as 1187 
follows: 1188 
 1.  The division may permit a person whose conduct or 1189 
actions may be under investigation to waive formal proceedings 1190 
and enter into a consent proceeding whereby orders, rules, or 1191 
letters of censure or warning, whether formal or informal, may 1192 
be entered against the person. 1193 
 2.  The division may issue an order requiring the 1194 
developer, bulk assignee, bulk buyer, association, developer -1195 
designated officer, or developer -designated member of the board 1196 
of administration, developer -designated assignees or agents, 1197 
bulk assignee-designated assignees or agents, bulk buyer -1198 
designated assignees or agents, community association manager, 1199 
or community association management firm to cease and desist 1200          
 
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from the unlawful practice and take such affirmative action as 1201 
in the judgment of the division carry out the purposes of this 1202 
chapter. If the division finds that a developer, bulk assignee, 1203 
bulk buyer, association, officer, or member of the board of 1204 
administration, or its as signees or agents, is violating or is 1205 
about to violate any provision of this chapter, any rule adopted 1206 
or order issued by the division, or any written agreement 1207 
entered into with the division, and presents an immediate danger 1208 
to the public requiring an imm ediate final order, it may issue 1209 
an emergency cease and desist order reciting with particularity 1210 
the facts underlying such findings. The emergency cease and 1211 
desist order is effective for 90 days. If the division begins 1212 
nonemergency cease and desist proceed ings, the emergency cease 1213 
and desist order remains effective until the conclusion of the 1214 
proceedings under ss. 120.569 and 120.57. 1215 
 3.  If a developer, bulk assignee, or bulk buyer fails to 1216 
pay any restitution determined by the division to be owed, plus 1217 
any accrued interest at the highest rate permitted by law, 1218 
within 30 days after expiration of any appellate time period of 1219 
a final order requiring payment of restitution or the conclusion 1220 
of any appeal thereof, whichever is later, the division must 1221 
bring an action in circuit or county court on behalf of any 1222 
association, class of unit owners, lessees, or purchasers for 1223 
restitution, declaratory relief, injunctive relief, or any other 1224 
available remedy. The division may also temporarily revoke its 1225          
 
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acceptance of the filing for the developer to which the 1226 
restitution relates until payment of restitution is made. 1227 
 4.  The division may petition the court for appointment of 1228 
a receiver or conservator. If appointed, the receiver or 1229 
conservator may take action to implement the court order to 1230 
ensure the performance of the order and to remedy any breach 1231 
thereof. In addition to all other means provided by law for the 1232 
enforcement of an injunction or temporary restraining order, the 1233 
circuit court may impound or sequester the pro perty of a party 1234 
defendant, including books, papers, documents, and related 1235 
records, and allow the examination and use of the property by 1236 
the division and a court -appointed receiver or conservator. 1237 
 5.  The division may apply to the circuit court for an 1238 
order of restitution whereby the defendant in an action brought 1239 
under subparagraph 4. is ordered to make restitution of those 1240 
sums shown by the division to have been obtained by the 1241 
defendant in violation of this chapter. At the option of the 1242 
court, such restitution is payable to the conservator or 1243 
receiver appointed under subparagraph 4. or directly to the 1244 
persons whose funds or assets were obtained in violation of this 1245 
chapter. 1246 
 6.  The division may impose a civil penalty against a 1247 
developer, bulk assignee, or bulk buyer, or association, or its 1248 
assignee or agent, for any violation of this chapter or related 1249 
rule. The division may impose a civil penalty individually 1250          
 
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against an officer or board member who willfully and knowingly 1251 
violates this chapter, an adopt ed rule, or a final order of the 1252 
division; may order the removal of such individual as an officer 1253 
or from the board of administration or as an officer of the 1254 
association; and may prohibit such individual from serving as an 1255 
officer or on the board of a comm unity association for a period 1256 
of time. The term "willfully and knowingly" means that the 1257 
division informed the officer or board member that his or her 1258 
action or intended action violates this chapter, a rule adopted 1259 
under this chapter, or a final order of the division and that 1260 
the officer or board member refused to comply with the 1261 
requirements of this chapter, a rule adopted under this chapter, 1262 
or a final order of the division. The division, before 1263 
initiating formal agency action under chapter 120, must aff ord 1264 
the officer or board member an opportunity to voluntarily 1265 
comply, and an officer or board member who complies within 10 1266 
days is not subject to a civil penalty. A penalty may be imposed 1267 
on the basis of each day of continuing violation, but the 1268 
penalty for any offense may not exceed $5,000. The division 1269 
shall adopt, by rule, penalty guidelines applicable to possible 1270 
violations or to categories of violations of this chapter or 1271 
rules adopted by the division. The guidelines must specify a 1272 
meaningful range of civil penalties for each such violation of 1273 
the statute and rules and must be based upon the harm caused by 1274 
the violation, the repetition of the violation, and upon such 1275          
 
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other factors deemed relevant by the division. For example, the 1276 
division may consider whether the violations were committed by a 1277 
developer, bulk assignee, or bulk buyer, or owner -controlled 1278 
association, the size of the association, and other factors. The 1279 
guidelines must designate the possible mitigating or aggravating 1280 
circumstances that jus tify a departure from the range of 1281 
penalties provided by the rules. It is the legislative intent 1282 
that minor violations be distinguished from those which endanger 1283 
the health, safety, or welfare of the condominium residents or 1284 
other persons and that such gui delines provide reasonable and 1285 
meaningful notice to the public of likely penalties that may be 1286 
imposed for proscribed conduct. This subsection does not limit 1287 
the ability of the division to informally dispose of 1288 
administrative actions or complaints by stipu lation, agreed 1289 
settlement, or consent order. All amounts collected shall be 1290 
deposited with the Chief Financial Officer to the credit of the 1291 
Division of Florida Condominiums, Timeshares, and Mobile Homes 1292 
Trust Fund. If a developer, bulk assignee, or bulk bu yer fails 1293 
to pay the civil penalty and the amount deemed to be owed to the 1294 
association, the division shall issue an order directing that 1295 
such developer, bulk assignee, or bulk buyer cease and desist 1296 
from further operation until such time as the civil penal ty is 1297 
paid or may pursue enforcement of the penalty in a court of 1298 
competent jurisdiction. If an association fails to pay the civil 1299 
penalty, the division shall pursue enforcement in a court of 1300          
 
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competent jurisdiction, and the order imposing the civil penalty 1301 
or the cease and desist order is not effective until 20 days 1302 
after the date of such order. Any action commenced by the 1303 
division shall be brought in the county in which the division 1304 
has its executive offices or in the county where the violation 1305 
occurred. 1306 
 7.  If a unit owner presents the division with proof that 1307 
the unit owner has requested access to official records in 1308 
writing by certified mail, and that after 10 days the unit owner 1309 
again made the same request for access to official records in 1310 
writing by certified mail, and that more than 10 days has 1311 
elapsed since the second request and the association has still 1312 
failed or refused to provide access to official records as 1313 
required by this chapter, the division shall issue a subpoena 1314 
requiring production of th e requested records where the records 1315 
are kept pursuant to s. 718.112. 1316 
 8.  In addition to subparagraph 6., the division may seek 1317 
the imposition of a civil penalty through the circuit court for 1318 
any violation for which the division may issue a notice to sho w 1319 
cause under paragraph (r). The civil penalty shall be at least 1320 
$500 but no more than $5,000 for each violation. The court may 1321 
also award to the prevailing party court costs and reasonable 1322 
attorney fees and, if the division prevails, may also award 1323 
reasonable costs of investigation. 1324 
 (e)  The division may prepare and disseminate a prospectus 1325          
 
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and other information to assist prospective owners, purchasers, 1326 
lessees, and developers of residential condominiums in assessing 1327 
the rights, privileges, and duties per taining thereto. 1328 
 (f)  The division may adopt rules to administer and enforce 1329 
this chapter. 1330 
 (g)  The division shall establish procedures for providing 1331 
notice to an association and the developer, bulk assignee, or 1332 
bulk buyer during the period in which the developer, bulk 1333 
assignee, or bulk buyer controls the association if the division 1334 
is considering the issuance of a declaratory statement with 1335 
respect to the declaration of condominium or any related 1336 
document governing such condominium community. 1337 
 (h)  The division shall furnish each association that pays 1338 
the fees required by paragraph (2)(a) a copy of this chapter, as 1339 
amended, and the rules adopted thereto on an annual basis. 1340 
 (i)  The division shall annually provide each association 1341 
with a summary of declar atory statements and formal legal 1342 
opinions relating to the operations of condominiums which were 1343 
rendered by the division during the previous year. 1344 
 (j)  The division shall provide training and educational 1345 
programs for condominium association board members and unit 1346 
owners. The training may, in the division's discretion, include 1347 
web-based electronic media, and live training and seminars in 1348 
various locations throughout the state. The division may review 1349 
and approve education and training programs for board me mbers 1350          
 
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and unit owners offered by providers and shall maintain a 1351 
current list of approved programs and providers and make such 1352 
list available to board members and unit owners in a reasonable 1353 
and cost-effective manner. 1354 
 (k)  The division shall maintain a tol l-free telephone 1355 
number accessible to condominium unit owners. 1356 
 (l)  The division shall develop a program to certify both 1357 
volunteer and paid mediators to provide mediation of condominium 1358 
disputes. The division shall provide, upon request, a list of 1359 
such mediators to any association, unit owner, or other 1360 
participant in alternative dispute resolution proceedings under 1361 
s. 718.1255 requesting a copy of the list. The division shall 1362 
include on the list of volunteer mediators only the names of 1363 
persons who have rec eived at least 20 hours of training in 1364 
mediation techniques or who have mediated at least 20 disputes. 1365 
In order to become initially certified by the division, paid 1366 
mediators must be certified by the Supreme Court to mediate 1367 
court cases in county or circuit courts. However, the division 1368 
may adopt, by rule, additional factors for the certification of 1369 
paid mediators, which must be related to experience, education, 1370 
or background. Any person initially certified as a paid mediator 1371 
by the division must, in order t o continue to be certified, 1372 
comply with the factors or requirements adopted by rule. 1373 
 (m)  If a complaint is made, the division must conduct its 1374 
inquiry with due regard for the interests of the affected 1375          
 
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parties. Within 30 days after receipt of a complaint, the 1376 
division shall acknowledge the complaint in writing and notify 1377 
the complainant whether the complaint is within the jurisdiction 1378 
of the division and whether additional information is needed by 1379 
the division from the complainant. The division shall condu ct 1380 
its investigation and, within 90 days after receipt of the 1381 
original complaint or of timely requested additional 1382 
information, take action upon the complaint. However, the 1383 
failure to complete the investigation within 90 days does not 1384 
prevent the division from continuing the investigation, 1385 
accepting or considering evidence obtained or received after 90 1386 
days, or taking administrative action if reasonable cause exists 1387 
to believe that a violation of this chapter or a rule has 1388 
occurred. If an investigation is n ot completed within the time 1389 
limits established in this paragraph, the division shall, on a 1390 
monthly basis, notify the complainant in writing of the status 1391 
of the investigation. When reporting its action to the 1392 
complainant, the division shall inform the com plainant of any 1393 
right to a hearing under ss. 120.569 and 120.57. The division 1394 
may adopt rules regarding the submission of a complaint against 1395 
an association. 1396 
 (n)  Condominium association directors, officers, and 1397 
employees; condominium developers; bulk ass ignees, bulk buyers, 1398 
and community association managers; and community association 1399 
management firms have an ongoing duty to reasonably cooperate 1400          
 
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with the division in any investigation under this section. The 1401 
division shall refer to local law enforcement au thorities any 1402 
person whom the division believes has altered, destroyed, 1403 
concealed, or removed any record, document, or thing required to 1404 
be kept or maintained by this chapter with the purpose to impair 1405 
its verity or availability in the department's investi gation. 1406 
 (o)  The division may: 1407 
 1.  Contract with agencies in this state or other 1408 
jurisdictions to perform investigative functions; or 1409 
 2.  Accept grants-in-aid from any source. 1410 
 (p)  The division shall cooperate with similar agencies in 1411 
other jurisdictions to establish uniform filing procedures and 1412 
forms, public offering statements, advertising standards, and 1413 
rules and common administrative practices. 1414 
 (q)  The division shall consider notice to a developer, 1415 
bulk assignee, or bulk buyer to be complete when it is delivered 1416 
to the address of the developer, bulk assignee, or bulk buyer 1417 
currently on file with the division. 1418 
 (r)  In addition to its enforcement authority, the division 1419 
may issue a notice to show cause, which must provide for a 1420 
hearing, upon writte n request, in accordance with chapter 120. 1421 
 (s)  The division shall submit to the Governor, the 1422 
President of the Senate, the Speaker of the House of 1423 
Representatives, and the chairs of the legislative 1424 
appropriations committees an annual report that includes , but 1425          
 
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need not be limited to, the number of training programs provided 1426 
for condominium association board members and unit owners, the 1427 
number of complaints received by type, the number and percent of 1428 
complaints acknowledged in writing within 30 days and the number 1429 
and percent of investigations acted upon within 90 days in 1430 
accordance with paragraph (m), and the number of investigations 1431 
exceeding the 90-day requirement. The annual report must also 1432 
include an evaluation of the division's core business processes 1433 
and make recommendations for improvements, including statutory 1434 
changes. The report shall be submitted by September 30 following 1435 
the end of the fiscal year. 1436 
 (3)(a)  On or before January 1, 2023, condominium 1437 
associations existing on or before July 1, 2022, must provide 1438 
the following information to the division in writing, by e -mail, 1439 
United States Postal Service, commercial delivery service, or 1440 
hand delivery, at a physical address or e -mail address provided 1441 
by the division and on a form posted on the divisio n's website: 1442 
 1.  The number of buildings on the condominium property 1443 
that are three stories or higher in height. 1444 
 2.  The total number of units in all such buildings. 1445 
 3.  The addresses of all such buildings. 1446 
 4.  The counties in which all such buildings are located. 1447 
 (b)  The division must compile a list of the number of 1448 
buildings on condominium property that are three stories or 1449 
higher in height, which is searchable by county, and must post 1450          
 
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the list on the division's website. This list must include all 1451 
of the following information: 1452 
 1.  The name of each association with buildings on the 1453 
condominium property that are three stories or higher in height. 1454 
 2.  The number of such buildings on each association's 1455 
property. 1456 
 3.  The addresses of all such buildings. 1457 
 4.  The counties in which all such buildings are located. 1458 
 (c)  An association must provide an update in writing to 1459 
the division if there are any changes to the information in the 1460 
list under paragraph (b) within 6 months after the change. 1461 
 Section 12.  Paragraphs (b) and (c) of subsection (2) of 1462 
section 718.503, Florida Statutes, are redesignated as 1463 
paragraphs (c) and (d), respectively, and paragraph (b) of 1464 
subsection (1) and paragraph (a) of subsection (2) are amended 1465 
to read: 1466 
 718.503  Developer disclosure before prior to sale; 1467 
nondeveloper unit owner disclosure before prior to sale; 1468 
voidability.— 1469 
 (1)  DEVELOPER DISCLOSURE. — 1470 
 (b)  Copies of documents to be furnished to prospective 1471 
buyer or lessee.—Until such time as the developer has furnish ed 1472 
the documents listed below to a person who has entered into a 1473 
contract to purchase a residential unit or lease it for more 1474 
than 5 years, the contract may be voided by that person, 1475          
 
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entitling the person to a refund of any deposit together with 1476 
interest thereon as provided in s. 718.202. The contract may be 1477 
terminated by written notice from the proposed buyer or lessee 1478 
delivered to the developer within 15 days after the buyer or 1479 
lessee receives all of the documents required by this section. 1480 
The developer may not close for 15 days after following the 1481 
execution of the agreement and delivery of the documents to the 1482 
buyer as evidenced by a signed receipt for documents unless the 1483 
buyer is informed in the 15 -day voidability period and agrees to 1484 
close before prior to the expiration of the 15 days. The 1485 
developer shall retain in his or her records a separate 1486 
agreement signed by the buyer as proof of the buyer's agreement 1487 
to close before prior to the expiration of the said voidability 1488 
period. Such Said proof must shall be retained for a period of 5 1489 
years after the date of the closing of the transaction. The 1490 
documents to be delivered to the prospective buyer are the 1491 
prospectus or disclosure statement with all exhibits, if the 1492 
development is subject to the provisions of s. 718.504, or, if 1493 
not, then copies of the following which are applicable: 1494 
 1.  The question and answer sheet described in s. 718.504, 1495 
and declaration of condominium, or the proposed declaration if 1496 
the declaration has not been recorded, which shall include the 1497 
certificate of a surveyor approximately representing the 1498 
locations required by s. 718.104. 1499 
 2.  The documents creating the association. 1500          
 
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 3.  The bylaws. 1501 
 4.  The ground lease or other underlying lease of the 1502 
condominium. 1503 
 5.  The management contract, m aintenance contract, and 1504 
other contracts for management of the association and operation 1505 
of the condominium and facilities used by the unit owners having 1506 
a service term in excess of 1 year, and any management contracts 1507 
that are renewable. 1508 
 6.  The estimated operating budget for the condominium and 1509 
a schedule of expenses for each type of unit, including fees 1510 
assessed under pursuant to s. 718.113(1) for the maintenance of 1511 
limited common elements where such costs are shared only by 1512 
those entitled to use the limited common elements. 1513 
 7.  The lease of recreational and other facilities that 1514 
will be used only by unit owners of the subject co ndominium. 1515 
 8.  The lease of recreational and other common facilities 1516 
that will be used by unit owners in common with unit owners of 1517 
other condominiums. 1518 
 9.  The form of unit lease if the offer is of a leasehold. 1519 
 10.  Any declaration of servitude of prope rties serving the 1520 
condominium but not owned by unit owners or leased to them or 1521 
the association. 1522 
 11.  If the development is to be built in phases or if the 1523 
association is to manage more than one condominium, a 1524 
description of the plan of phase development or the arrangements 1525          
 
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for the association to manage two or more condominiums. 1526 
 12.  If the condominium is a conversion of existing 1527 
improvements, the statements and disclosure required by s. 1528 
718.616. 1529 
 13.  The form of agreement for sale or lease of units. 1530 
 14.  A copy of the floor plan of the unit and the plot plan 1531 
showing the location of the residential buildings and the 1532 
recreation and other common areas. 1533 
 15.  A copy of all covenants and restrictions that which 1534 
will affect the use of the property and which are not contained 1535 
in the foregoing. 1536 
 16.  If the developer is required by state or local 1537 
authorities to obtain acceptance or approval of any dock or 1538 
marina facilities intended to serve the condominium, a copy of 1539 
any such acceptance or approval acquired by t he time of filing 1540 
with the division under s. 718.502(1), or a statement that such 1541 
acceptance or approval has not been acquired or received. 1542 
 17.  Evidence demonstrating that the developer has an 1543 
ownership, leasehold, or contractual interest in the land upo n 1544 
which the condominium is to be developed. 1545 
 18.  A copy of the association's most recent structural 1546 
integrity reserve study or a statement that the association has 1547 
not completed a structural integrity reserve study. 1548 
 19.  If the unit is located in a build ing on the 1549 
condominium property that must be recertified under s. 718.132, 1550          
 
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a copy of the association's most recent written recertification 1551 
report or a statement that the association has not completed the 1552 
required recertification. 1553 
 20.  If the unit is locat ed in a building on the 1554 
condominium property that must have a phase 2 inspection 1555 
performed under s. 718.132, a copy of the association's most 1556 
recent written phase 2 inspection report or a statement that the 1557 
association has not completed the required phase 2 inspection. 1558 
 (2)  NONDEVELOPER DISCLOSURE. — 1559 
 (a)  Each unit owner who is not a developer as defined by 1560 
this chapter must shall comply with the provisions of this 1561 
subsection before prior to the sale of his or her unit. Each 1562 
prospective purchaser who has entered into a contract for the 1563 
purchase of a condominium unit is entitled, at the seller's 1564 
expense, to a current copy of all of the following: 1565 
1. The declaration of condominium ., 1566 
 2. Articles of incorporation of the association ., 1567 
 3. Bylaws and rules of the association ., 1568 
 4. Financial information required by s. 718.111 ., 1569 
 5.  The association's most recent structural integrity 1570 
reserve study or a statement that the association has not 1571 
completed a structural integrity reserve study. 1572 
 6.  If the unit is located in a building on the condominium 1573 
property that must be recertified under s. 718.132, the 1574 
association's most recent written recertification report or a 1575          
 
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statement that the association has not completed the required 1576 
recertification. 1577 
 7.  If the unit is located in a building on the condominium 1578 
property that must have a phase 2 inspection performed under s. 1579 
718.132, the association's most recent written phase 2 1580 
inspection report or a statemen t that the association has not 1581 
completed the required phase 2 inspection. and 1582 
 8. The document entitled "Frequently Asked Questions and 1583 
Answers" required by s. 718.504. 1584 
 (b) On and after January 1, 2009, The prospective 1585 
purchaser is shall also be entitled to receive from the seller a 1586 
copy of a governance form. Such form shall be provided by the 1587 
division summarizing governance of condominium associations. In 1588 
addition to such other information as the division considers 1589 
helpful to a prospective purchaser in understanding association 1590 
governance, the governance form shall address the following 1591 
subjects: 1592 
 1.  The role of the board in conducting the day -to-day 1593 
affairs of the association on behalf of, and in the best 1594 
interests of, the owners. 1595 
 2.  The board's resp onsibility to provide advance notice of 1596 
board and membership meetings. 1597 
 3.  The rights of owners to attend and speak at board and 1598 
membership meetings. 1599 
 4.  The responsibility of the board and of owners with 1600          
 
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respect to maintenance of the condominium propert y. 1601 
 5.  The responsibility of the board and owners to abide by 1602 
the condominium documents, this chapter, rules adopted by the 1603 
division, and reasonable rules adopted by the board. 1604 
 6.  Owners' rights to inspect and copy association records 1605 
and the limitations on such rights. 1606 
 7.  Remedies available to owners with respect to actions by 1607 
the board which may be abusive or beyond the board's power and 1608 
authority. 1609 
 8.  The right of the board to hire a property management 1610 
firm, subject to its own primary responsibili ty for such 1611 
management. 1612 
 9.  The responsibility of owners with regard to payment of 1613 
regular or special assessments necessary for the operation of 1614 
the property and the potential consequences of failure to pay 1615 
such assessments. 1616 
 10.  The voting rights of own ers. 1617 
 11.  Rights and obligations of the board in enforcement of 1618 
rules in the condominium documents and rules adopted by the 1619 
board. 1620 
 1621 
The governance form must shall also include the following 1622 
statement in conspicuous type: "This publication is intended as 1623 
an informal educational overview of condominium governance. In 1624 
the event of a conflict, the provisions of chapter 718, Florida 1625          
 
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Statutes, rules adopted by the Division of Florida Condominiums, 1626 
Timeshares, and Mobile Homes of the Department of Business and 1627 
Professional Regulation, the provisions of the condominium 1628 
documents, and reasonable rules adopted by the condominium 1629 
association's board of administration prevail over the contents 1630 
of this publication." 1631 
 Section 13.  Paragraph (f) of subsection (24) of se ction 1632 
718.504, Florida Statutes, is amended, and paragraphs (q) and 1633 
(r) are added to that subsection, to read: 1634 
 718.504  Prospectus or offering circular. —Every developer 1635 
of a residential condominium which contains more than 20 1636 
residential units, or which i s part of a group of residential 1637 
condominiums which will be served by property to be used in 1638 
common by unit owners of more than 20 residential units, shall 1639 
prepare a prospectus or offering circular and file it with the 1640 
Division of Florida Condominiums, Tim eshares, and Mobile Homes 1641 
prior to entering into an enforceable contract of purchase and 1642 
sale of any unit or lease of a unit for more than 5 years and 1643 
shall furnish a copy of the prospectus or offering circular to 1644 
each buyer. In addition to the prospectus or offering circular, 1645 
each buyer shall be furnished a separate page entitled 1646 
"Frequently Asked Questions and Answers," which shall be in 1647 
accordance with a format approved by the division and a copy of 1648 
the financial information required by s. 718.111. This page 1649 
shall, in readable language, inform prospective purchasers 1650          
 
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regarding their voting rights and unit use restrictions, 1651 
including restrictions on the leasing of a unit; shall indicate 1652 
whether and in what amount the unit owners or the association is 1653 
obligated to pay rent or land use fees for recreational or other 1654 
commonly used facilities; shall contain a statement identifying 1655 
that amount of assessment which, pursuant to the budget, would 1656 
be levied upon each unit type, exclusive of any special 1657 
assessments, and which shall further identify the basis upon 1658 
which assessments are levied, whether monthly, quarterly, or 1659 
otherwise; shall state and identify any court cases in which the 1660 
association is currently a party of record in which the 1661 
association may face liabil ity in excess of $100,000; and which 1662 
shall further state whether membership in a recreational 1663 
facilities association is mandatory, and if so, shall identify 1664 
the fees currently charged per unit type. The division shall by 1665 
rule require such other disclosure as in its judgment will 1666 
assist prospective purchasers. The prospectus or offering 1667 
circular may include more than one condominium, although not all 1668 
such units are being offered for sale as of the date of the 1669 
prospectus or offering circular. The prospectus o r offering 1670 
circular must contain the following information: 1671 
 (24)  Copies of the following, to the extent they are 1672 
applicable, shall be included as exhibits: 1673 
 (f)  The estimated operating budget for the condominium , 1674 
and the required schedule of unit owners ' expenses, and the 1675          
 
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association's most recent structural integrity reserve study or 1676 
a statement that the association has not completed a structural 1677 
integrity reserve study . 1678 
 (q)  If the unit is located in a building on the 1679 
condominium property that must be recertified under s. 718.132, 1680 
the association's most recent written recertification report or 1681 
a statement that the association has not completed the required 1682 
recertification. 1683 
 (r)  If the unit is located in a building on the 1684 
condominium property that must have a phase 2 inspection 1685 
performed under s. 718.132, the association's most recent 1686 
written phase 2 inspection report or a statement that the 1687 
association has not completed the required phase 2 inspection. 1688 
 Section 14.  Subsections (21), (22), and (23) and (24) 1689 
through (28) of section 719.103, Florida Statutes, are 1690 
renumbered as subsections (22), (23), and (24) and (26) through 1691 
(30), respectively, and new subsections (21) and (25) are added 1692 
to that section to read: 1693 
 719.103  Definitions. —As used in this chapter: 1694 
 (21)  "Primary structural member" has the same meaning as 1695 
in s. 627.706(2). 1696 
 (25)  "Structural integrity reserve study" means a study of 1697 
the reserve funds required for future major repairs and 1698 
replacement of the common areas based on a visual ins pection of 1699 
the common areas. A structural integrity reserve study may be 1700          
 
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performed by any person qualified to perform such study. 1701 
However, the visual inspection portion of the structural 1702 
integrity reserve study must be performed by an engineer 1703 
licensed under chapter 471 or an architect licensed under 1704 
chapter 481. At a minimum, a structural integrity reserve study 1705 
must identify the common areas being visually inspected, state 1706 
the estimated remaining useful life and the estimated 1707 
replacement cost or deferred maintenance expense of the common 1708 
areas being visually inspected, and provide a recommended annual 1709 
reserve amount that achieves the estimated replacement cost or 1710 
deferred maintenance expense of each common area being visually 1711 
inspected by the end of the es timated remaining useful life of 1712 
each common area. 1713 
 Section 15.  Subsection (1) of section 719.1035, Florida 1714 
Statutes, is amended to read: 1715 
 719.1035  Creation of cooperatives. — 1716 
 (1)  The date when cooperative existence shall commence is 1717 
upon commencement of corporate existence of the cooperative 1718 
association as provided in s. 607.0203. The cooperative 1719 
documents must be recorded in the county in which the 1720 
cooperative is located before property may be conveyed or 1721 
transferred to the cooperative. All persons w ho have any record 1722 
interest in any mortgage encumbering the interest in the land 1723 
being submitted to cooperative ownership must either join in the 1724 
execution of the cooperative documents or execute, with the 1725          
 
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requirements for deed, and record, a consent to th e cooperative 1726 
documents or an agreement subordinating their mortgage interest 1727 
to the cooperative documents. Upon creation of a cooperative, 1728 
the developer or association shall file the recording 1729 
information with the division within 30 working days on a form 1730 
prescribed by the division. If the cooperative is subject to s. 1731 
719.132 and has at least one building on the cooperative 1732 
property that is three stories or higher in height, the 1733 
developer or association must also provide information to the 1734 
division indicating the number of buildings described in the 1735 
recording information located on the cooperative property that 1736 
are three stories or higher in height, the total number of units 1737 
in all such buildings, and the addresses of all such buildings 1738 
within 30 working da ys after creation of the cooperative on a 1739 
form prescribed by the division. 1740 
 Section 16.  Paragraph (a) of subsection (2) of section 1741 
719.104, Florida Statutes, is amended to read: 1742 
 719.104  Cooperatives; access to units; records; financial 1743 
reports; assessments; purchase of leases. — 1744 
 (2)  OFFICIAL RECORDS. — 1745 
 (a)  From the inception of the association, the association 1746 
shall maintain a copy of each of the following, if where 1747 
applicable, which shall constitute the official records of the 1748 
association: 1749 
 1.  The plans, permits, warranties, and other items 1750          
 
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provided by the developer pursuant to s. 719.301(4). 1751 
 2.  A photocopy of the cooperative documents. 1752 
 3.  A copy of the current rules of the association. 1753 
 4.  A book or books containing the minutes of all meetings 1754 
of the association, of the board of directors, and of the unit 1755 
owners. 1756 
 5.  A current roster of all unit owners and their mailing 1757 
addresses, unit identifications, voting certifications, and, if 1758 
known, telephone numbers. The association shall also maintain 1759 
the e-mail addresses and the numbers designated by unit owners 1760 
for receiving notice sent by electronic transmission of those 1761 
unit owners consenting to receive notice by electronic 1762 
transmission. The e-mail addresses and numbers provided by unit 1763 
owners to receive notice by electronic transmission shall be 1764 
removed from association records when consent to receive notice 1765 
by electronic transmission is revoked. However, the association 1766 
is not liable for an erroneous disclosure of the e -mail address 1767 
or the number for receiving electronic transmission of notices. 1768 
 6.  All current insurance policies of the association. 1769 
 7.  A current copy of any management agreement, lease, or 1770 
other contract to which the association is a party or under 1771 
which the association or the un it owners have an obligation or 1772 
responsibility. 1773 
 8.  Bills of sale or transfer for all property owned by the 1774 
association. 1775          
 
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 9.  Accounting records for the association and separate 1776 
accounting records for each unit it operates, according to good 1777 
accounting practices. The accounting records shall include, but 1778 
not be limited to: 1779 
 a.  Accurate, itemized, and detailed records of all 1780 
receipts and expenditures. 1781 
 b.  A current account and a monthly, bimonthly, or 1782 
quarterly statement of the account for each unit desig nating the 1783 
name of the unit owner, the due date and amount of each 1784 
assessment, the amount paid upon the account, and the balance 1785 
due. 1786 
 c.  All audits, reviews, accounting statements, structural 1787 
integrity reserve studies, and financial reports of the 1788 
association. Structural integrity reserve studies must be 1789 
maintained for at least 15 years after the study is completed. 1790 
 d.  All contracts for work to be performed. Bids for work 1791 
to be performed shall also be considered official records and 1792 
shall be maintained for a period of 1 year. 1793 
 10.  Ballots, sign-in sheets, voting proxies, and all other 1794 
papers and electronic records relating to voting by unit owners, 1795 
which shall be maintained for a period of 1 year after the date 1796 
of the election, vote, or meeting to which the document relates. 1797 
 11.  All rental records where the association is acting as 1798 
agent for the rental of units. 1799 
 12.  A copy of the current question and answer sheet as 1800          
 
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described in s. 719.504. 1801 
 13.  All affirmative acknowledgments made pursuant to s. 1802 
719.108(3)(b)3. 1803 
 14.  All written recertification reports and written phase 1804 
2 inspection reports as described in s. 719.132, if applicable, 1805 
which must be permanently maintained. 1806 
 15.14. All other written records of the association not 1807 
specifically include d in the foregoing which are related to the 1808 
operation of the association. 1809 
 Section 17.  Paragraphs (k) through (m) of subsection (1) 1810 
of section 719.106, Florida Statutes, are redesignated as 1811 
paragraphs (l) through (n), respectively, paragraph (j) of 1812 
subsection (1) is amended, and a new paragraph (k) is added to 1813 
subsection (1) of that section, to read: 1814 
 719.106  Bylaws; cooperative ownership. — 1815 
 (1)  MANDATORY PROVISIONS. —The bylaws or other cooperative 1816 
documents shall provide for the following, and if they do not, 1817 
they shall be deemed to include the following: 1818 
 (j)  Annual budget.— 1819 
 1.  The proposed annual budget of common expenses must 1820 
shall be detailed and must shall show the amounts budgeted by 1821 
accounts and expense classifications, including, if applicab le, 1822 
but not limited to, those expenses listed in s. 719.504(20). The 1823 
board of administration shall adopt the annual budget at least 1824 
14 days before prior to the start of the association's fiscal 1825          
 
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year. In the event that the board fails to timely adopt the 1826 
annual budget a second time, it is shall be deemed a minor 1827 
violation and the prior year's budget shall continue in effect 1828 
until a new budget is adopted. 1829 
 2.  In addition to annual operating expenses, the budget 1830 
must shall include reserve accounts for capital expenditures and 1831 
deferred maintenance. These accounts must shall include, but not 1832 
be limited to, roof replacement, building painting, and pavement 1833 
resurfacing, regardless of the amount of deferred maintenance 1834 
expense or replacement cost, and for any other items for which 1835 
the deferred maintenance expense or replacement cost exceeds 1836 
$10,000. The amount to be reserved for an item is determined by 1837 
the association's most recent structural integrity reserve 1838 
study. If the amount to be reserved for an item is not in the 1839 
association's most recent structural integrity reserve study or 1840 
the association has not completed a structural integrity reserve 1841 
study, the amount must shall be computed by means of a formula 1842 
which is based upon estimated remaining useful life and 1843 
estimated replacement cost or deferred maintenance expense of 1844 
the each reserve item. The association may adjust replacement 1845 
reserve assessments annually to take into account any changes in 1846 
estimates or extension of the useful life of a reserve item 1847 
caused by deferred maintenance. This paragraph shall not apply 1848 
to any budget in which The members of a unit-owner controlled an 1849 
association may determine have, at a duly called meeting of the 1850          
 
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association, determined for a fiscal year to provide no reserves 1851 
or reserves less adequate than required by this subsection. 1852 
Before turnover of control of an association by a developer to 1853 
unit owners other than a developer under s. 719.301, the 1854 
developer-controlled association may not vote to waive the 1855 
reserves or reduce fundi ng of the reserves. Effective July 1, 1856 
2024, a unit-owner controlled association may not determine to 1857 
provide no reserves or reserves less adequate than required by 1858 
this paragraph for items listed in paragraph (k) However, prior 1859 
to turnover of control of an association by a developer to unit 1860 
owners other than a developer pursuant to s. 719.301, the 1861 
developer may vote to waive the reserves or reduce the funding 1862 
of reserves for the first 2 years of the operation of the 1863 
association after which time reserves may only be waived or 1864 
reduced upon the vote of a majority of all nondeveloper voting 1865 
interests voting in person or by limited proxy at a duly called 1866 
meeting of the association . If a meeting of the unit owners has 1867 
been called to determine to provide no reserve s, or reserves 1868 
less adequate than required, and such result is not attained or 1869 
a quorum is not attained, the reserves as included in the budget 1870 
shall go into effect. 1871 
 3.  Reserve funds and any interest accruing thereon shall 1872 
remain in the reserve account o r accounts, and shall be used 1873 
only for authorized reserve expenditures unless their use for 1874 
other purposes is approved in advance by a vote of the majority 1875          
 
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of the voting interests, voting in person or by limited proxy at 1876 
a duly called meeting of the associ ation. Before Prior to 1877 
turnover of control of an association by a developer to unit 1878 
owners other than the developer under s. 719.301, the developer 1879 
may not vote to use reserves for purposes other than that for 1880 
which they were intended without the approval of a majority of 1881 
all nondeveloper voting interests, voting in person or by 1882 
limited proxy at a duly called meeting of the association . 1883 
Effective July 1, 2024, members of a unit -owner controlled 1884 
association may not vote to use reserve funds, or any interest 1885 
accruing thereon, that are reserved for items listed in 1886 
paragraph (k) for purposes other than their intended purpose. 1887 
 (k)  Structural integrity reserve study. — 1888 
 1.  An association must have a structural integrity reserve 1889 
study completed at least every 10 years for each building on the 1890 
cooperative property that is three stories or higher in height 1891 
that includes, at a minimum, a study of the following items as 1892 
related to the structural integrity and safety of the building: 1893 
 a.  Roof. 1894 
 b.  Load-bearing walls or other primary structural members. 1895 
 c.  Floor. 1896 
 d.  Foundation. 1897 
 e.  Fireproofing and fire protection systems. 1898 
 f.  Plumbing. 1899 
 g.  Electrical systems. 1900          
 
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 h.  Waterproofing and exterior painting. 1901 
 i.  Windows. 1902 
 j.  Any other item that has a deferred mainten ance expense 1903 
or replacement cost that exceeds $10,000 and the failure to 1904 
replace or maintain such item negatively affects the items 1905 
listed in subparagraphs a. -i., as determined by the licensed 1906 
engineer or architect performing the visual inspection portion 1907 
of the structural integrity reserve study. 1908 
 2.  Before a developer turns over control of an association 1909 
to unit owners other than the developer, the developer must have 1910 
a structural integrity reserve study completed for each building 1911 
on the cooperative pro perty that is three stories or higher in 1912 
height. 1913 
 3.  Associations existing on or before July 1, 2022, which 1914 
are controlled by unit owners other than the developer, must 1915 
have a structural integrity reserve study completed by July 1, 1916 
2024, for each building on the cooperative property that is 1917 
three stories or higher in height. 1918 
 4.  If an association fails to complete a structural 1919 
integrity reserve study pursuant to this paragraph, such failure 1920 
is a breach of an officer's and director's fiduciary 1921 
relationship to the unit owners under s. 719.104(8). 1922 
 Section 18.  Section 719.132, Florida Statutes, is created 1923 
to read: 1924 
 719.132  Building recertification. — 1925          
 
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 (1)  As used in this section, the term: 1926 
 (a)  "Coastline" has the same meaning as in the Submerged 1927 
Lands Act, 43 U.S.C. s. 1301(c). 1928 
 (b)  "Phase 2 inspection" means an inspection that includes 1929 
destructive and nondestructive testing at the discretion of the 1930 
person performing the inspection and a written report of such 1931 
inspection. A phase 2 inspection must be performed by an 1932 
engineer licensed under chapter 471 or an architect licensed 1933 
under chapter 481. 1934 
 (c)  "Recertification" or "recertify" means a visual 1935 
inspection of a building's general structural condition and 1936 
general condition of its electrical system, in cluding a written 1937 
report of such inspection, performed by an engineer licensed 1938 
under chapter 471 or an architect licensed under chapter 481. 1939 
 (d)  "Substantial structural deterioration" means 1940 
substantial structural distress that negatively affects a 1941 
building's general structural condition and integrity. Surface 1942 
imperfections such as cracks, distortion, sagging, deflections, 1943 
misalignment, signs of leakage, or peeling of finishes are not 1944 
considered substantial structural deterioration unless the 1945 
licensed engineer or architect performing the recertification or 1946 
phase 2 inspection determines that such surface imperfections 1947 
are a sign of substantial structural distress. 1948 
 (e)  "Visual inspection" means a visual examination of the 1949 
items listed s. 719.106(1)(k). 1950          
 
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 (2)(a)  An association must have any building on the 1951 
cooperative property that is three stories or higher in height 1952 
and that has been occupied for at least 30 years, or 25 years if 1953 
the building is within 3 miles of the coastline of the state, 1954 
recertified as determined by the local building official. 1955 
 (b)  An association must have any building on the 1956 
cooperative property that is required to be recertified under 1957 
paragraph (a) recertified at least every 10 years after its 1958 
first recertification. 1959 
 (3)  Upon determining that a building on the cooperative 1960 
property must be recertified, the local building official must 1961 
provide written notice of such required recertification to the 1962 
association by certified mail, return receipt requested. 1963 
 (4)(a)  Within 90 days after rec eiving the written notice 1964 
under subsection (3), or within 180 days if the association 1965 
receives the written notice before July 1, 2023, the association 1966 
or the association's manager must provide the written 1967 
recertification report by e -mail, United States Pos tal Service, 1968 
or commercial delivery service to the local building official 1969 
and state the date on which the association received such report 1970 
from the licensed engineer or architect who performed the 1971 
recertification. 1972 
 (b)  Within 14 days after receiving the written 1973 
recertification report from the licensed engineer or architect 1974 
who performed the recertification, the association must provide 1975          
 
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the written recertification report by e -mail, United States 1976 
Postal Service, or commercial delivery service to each unit 1977 
owner. 1978 
 (5)  Upon completing a recertification, the licensed 1979 
engineer or architect who performed the recertification must 1980 
provide a written recertification report by e -mail, United 1981 
States Postal Service, or commercial delivery service to the 1982 
association. The written recertification report must, at a 1983 
minimum: 1984 
 (a)  Bear the seal and signature, or the electronic 1985 
signature, of the licensed engineer or architect who performed 1986 
the inspection. 1987 
 (b)  Indicate the manner and type of inspection forming the 1988 
basis for the written recertification report and a description 1989 
of any items identified as requiring further inspection or 1990 
remedial action. 1991 
 (c)  Indicate whether there is damage to the items listed 1992 
in s. 719.106(1)(k), within a reasonable professional 1993 
probability based on the scope of the inspection, and list any 1994 
recommended repairs for such damage. 1995 
 (d)  Indicate whether there is substantial structural 1996 
deterioration within a reasonable professional probability based 1997 
on the scope of the inspection. 1998 
 (e)  State whether unsafe or dangerous conditions, as those 1999 
terms are defined in the Florida Building Code, were observed. 2000          
 
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 (6)(a)  If a written recertification report indicates that 2001 
there is substantial structural deterioration, within a 2002 
reasonable professional probabilit y based on the scope of the 2003 
inspection, the local building official must provide written 2004 
notice to the association by certified mail, return receipt 2005 
requested, that the association must have a phase 2 inspection 2006 
performed. 2007 
 (b)  Within 60 days after receiv ing the written notice 2008 
under paragraph (a), the association must provide written notice 2009 
to the local building official by e -mail, United States Postal 2010 
Service, or commercial delivery service that includes the start 2011 
date of the phase 2 inspection and the na me and contact 2012 
information of the licensed engineer or architect who will 2013 
perform the phase 2 inspection. 2014 
 (c)  The written phase 2 inspection report must, at a 2015 
minimum: 2016 
 1.  Bear the seal and signature, or the electronic 2017 
signature, of the licensed enginee r or architect who performed 2018 
the inspection. 2019 
 2.  Indicate the manner and type of inspection forming the 2020 
basis for the written report. 2021 
 3.  State whether there is substantial structural 2022 
deterioration, within a reasonable professional probability 2023 
based on the scope of the inspection, and the extent of such 2024 
deterioration and list any recommended repairs for such 2025          
 
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deterioration. 2026 
 4.  State whether unsafe or dangerous conditions, as those 2027 
terms are defined in the Florida Building Code, were observed. 2028 
 (d)  The licensed engineer or architect performing the 2029 
phase 2 inspection must provide the written phase 2 inspection 2030 
report by e-mail, United States Postal Service, or commercial 2031 
delivery service to the local building official and the 2032 
association upon completion. 2033 
 (e)  Within 14 days after receiving the written phase 2 2034 
inspection report from the licensed engineer or architect who 2035 
performed the phase 2 inspection, the association must provide 2036 
the written phase 2 inspection report by e -mail, United States 2037 
Postal Service, or commercial delivery service to each unit 2038 
owner. 2039 
 (7)(a)  A local building official may prescribe penalties, 2040 
which must be posted on the building department's website, for 2041 
failure to comply with this section. 2042 
 (b)  If an association fails to schedul e or begin repairs 2043 
that are identified in the written phase 2 inspection report 2044 
within a time period to be determined by the county 2045 
commissioners of the county where the building is located, which 2046 
time period may not exceed 365 days after the local buildin g 2047 
official receives the written phase 2 inspection report, the 2048 
local building official must determine that the building is 2049 
unsafe for human occupancy until such repairs are scheduled or 2050          
 
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begin. 2051 
 (8)  If an association fails to complete a recertification 2052 
or phase 2 inspection pursuant to this section, such failure is 2053 
a breach of an officer's and director's fiduciary relationship 2054 
to the unit owners under s. 719.104(8). 2055 
 Section 19.  Paragraphs (p), (q), and (r) are added to 2056 
subsection (4) of section 719.301, Florida Statutes, to read: 2057 
 719.301  Transfer of association control. — 2058 
 (4)  When unit owners other than the developer elect a 2059 
majority of the members of the board of administration of an 2060 
association, the developer shall relinquish control of the 2061 
association, and the unit owners shall accept control. 2062 
Simultaneously, or for the purpose of paragraph (c) not more 2063 
than 90 days thereafter, the developer shall deliver to the 2064 
association, at the developer's expense, all property of the 2065 
unit owners and of the association held or controlled by the 2066 
developer, including, but not limited to, the following items, 2067 
if applicable, as to each cooperative operated by the 2068 
association: 2069 
 (p)  A copy of the association's most recent structural 2070 
integrity reserve study. 2071 
 (q)  If a building on the cooperative property must be 2072 
recertified under s. 719.132, a copy of the association's most 2073 
recent written recertification report or a statement that the 2074 
association has not completed the required recertification. 2075          
 
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 (r)  If a building on the cooperative property must have a 2076 
phase 2 inspection performed under s. 719.132, a copy of the 2077 
association's most recent written phase 2 inspection report or a 2078 
statement that the association has not completed the required 2079 
phase 2 inspection. 2080 
 Section 20.  Subsection (1) of section 719.501, Florida 2081 
Statutes, is amended, and subsection (3) is added to that 2082 
section, to read: 2083 
 719.501  Powers and duties of Division of Florida 2084 
Condominiums, Timeshares, and Mobile Homes. — 2085 
 (1)  The Division of Florida Condominiums, Timeshares, and 2086 
Mobile Homes of the Department of Business and Professional 2087 
Regulation, referred to as the "division" in this part, in 2088 
addition to other powers and duties prescribed by chapter 718, 2089 
has the power to enforce and ensure complian ce with this chapter 2090 
and adopted rules relating to the development, construction, 2091 
sale, lease, ownership, operation, and management of residential 2092 
cooperative units, and complaints related to the procedural 2093 
completion of the structural integrity reserve st udies under s. 2094 
719.106(1)(k) and recertifications and phase 2 inspections under 2095 
s. 719.132. In performing its duties, the division shall have 2096 
the following powers and duties: 2097 
 (a)  The division may make necessary public or private 2098 
investigations within or outside this state to determine whether 2099 
any person has violated this chapter or any rule or order 2100          
 
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hereunder, to aid in the enforcement of this chapter, or to aid 2101 
in the adoption of rules or forms hereunder. 2102 
 (b)  The division may require or permit any pers on to file 2103 
a statement in writing, under oath or otherwise, as the division 2104 
determines, as to the facts and circumstances concerning a 2105 
matter to be investigated. 2106 
 (c)  For the purpose of any investigation under this 2107 
chapter, the division director or any of ficer or employee 2108 
designated by the division director may administer oaths or 2109 
affirmations, subpoena witnesses and compel their attendance, 2110 
take evidence, and require the production of any matter which is 2111 
relevant to the investigation, including the existe nce, 2112 
description, nature, custody, condition, and location of any 2113 
books, documents, or other tangible things and the identity and 2114 
location of persons having knowledge of relevant facts or any 2115 
other matter reasonably calculated to lead to the discovery of 2116 
material evidence. Upon failure by a person to obey a subpoena 2117 
or to answer questions propounded by the investigating officer 2118 
and upon reasonable notice to all persons affected thereby, the 2119 
division may apply to the circuit court for an order compelling 2120 
compliance. 2121 
 (d)  Notwithstanding any remedies available to unit owners 2122 
and associations, if the division has reasonable cause to 2123 
believe that a violation of any provision of this chapter or 2124 
related rule has occurred, the division may institute 2125          
 
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enforcement proceedings in its own name against a developer, 2126 
association, officer, or member of the board, or its assignees 2127 
or agents, as follows: 2128 
 1.  The division may permit a person whose conduct or 2129 
actions may be under investigation to waive formal proceedings 2130 
and enter into a consent proceeding whereby orders, rules, or 2131 
letters of censure or warning, whether formal or informal, may 2132 
be entered against the person. 2133 
 2.  The division may issue an order requiring the 2134 
developer, association, officer, or member of the boar d, or its 2135 
assignees or agents, to cease and desist from the unlawful 2136 
practice and take such affirmative action as in the judgment of 2137 
the division will carry out the purposes of this chapter. Such 2138 
affirmative action may include, but is not limited to, an or der 2139 
requiring a developer to pay moneys determined to be owed to a 2140 
condominium association. 2141 
 3.  The division may bring an action in circuit court on 2142 
behalf of a class of unit owners, lessees, or purchasers for 2143 
declaratory relief, injunctive relief, or res titution. 2144 
 4.  The division may impose a civil penalty against a 2145 
developer or association, or its assignees or agents, for any 2146 
violation of this chapter or related rule. The division may 2147 
impose a civil penalty individually against any officer or board 2148 
member who willfully and knowingly violates a provision of this 2149 
chapter, a rule adopted pursuant to this chapter, or a final 2150          
 
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order of the division. The term "willfully and knowingly" means 2151 
that the division informed the officer or board member that his 2152 
or her action or intended action violates this chapter, a rule 2153 
adopted under this chapter, or a final order of the division, 2154 
and that the officer or board member refused to comply with the 2155 
requirements of this chapter, a rule adopted under this chapter, 2156 
or a final order of the division. The division, before prior to 2157 
initiating formal agency action under chapter 120, shall afford 2158 
the officer or board member an opportunity to voluntarily comply 2159 
with this chapter, a rule adopted under this chapter, or a final 2160 
order of the division. An officer or board member who complies 2161 
within 10 days is not subject to a civil penalty. A penalty may 2162 
be imposed on the basis of each day of continuing violation, but 2163 
in no event shall the penalty for any offense exceed $5,000. By 2164 
January 1, 1998, the division shall adopt, by rule, penalty 2165 
guidelines applicable to possible violations or to categories of 2166 
violations of this chapter or rules adopted by the division. The 2167 
guidelines must specify a meaningful range of civil penalties 2168 
for each such violation of the statute and rules and must be 2169 
based upon the harm caused by the violation, the repetition of 2170 
the violation, and upon such other factors deemed relevant by 2171 
the division. For example, the division may consider whether the 2172 
violations were committed by a developer or owner -controlled 2173 
association, the size of the association, and other factors. The 2174 
guidelines must designate the possible mitigating or aggravating 2175          
 
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circumstances that justify a departure from the range of 2176 
penalties provided by th e rules. It is the legislative intent 2177 
that minor violations be distinguished from those which endanger 2178 
the health, safety, or welfare of the cooperative residents or 2179 
other persons and that such guidelines provide reasonable and 2180 
meaningful notice to the pub lic of likely penalties that may be 2181 
imposed for proscribed conduct. This subsection does not limit 2182 
the ability of the division to informally dispose of 2183 
administrative actions or complaints by stipulation, agreed 2184 
settlement, or consent order. All amounts co llected shall be 2185 
deposited with the Chief Financial Officer to the credit of the 2186 
Division of Florida Condominiums, Timeshares, and Mobile Homes 2187 
Trust Fund. If a developer fails to pay the civil penalty, the 2188 
division shall thereupon issue an order directing that such 2189 
developer cease and desist from further operation until such 2190 
time as the civil penalty is paid or may pursue enforcement of 2191 
the penalty in a court of competent jurisdiction. If an 2192 
association fails to pay the civil penalty, the division shall 2193 
thereupon pursue enforcement in a court of competent 2194 
jurisdiction, and the order imposing the civil penalty or the 2195 
cease and desist order shall not become effective until 20 days 2196 
after the date of such order. Any action commenced by the 2197 
division shall be bro ught in the county in which the division 2198 
has its executive offices or in the county where the violation 2199 
occurred. 2200          
 
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 (e)  The division may prepare and disseminate a prospectus 2201 
and other information to assist prospective owners, purchasers, 2202 
lessees, and developers of residential cooperatives in assessing 2203 
the rights, privileges, and duties pertaining thereto. 2204 
 (f)  The division has authority to adopt rules pursuant to 2205 
ss. 120.536(1) and 120.54 to implement and enforce the 2206 
provisions of this chapter. 2207 
 (g)  The division shall establish procedures for providing 2208 
notice to an association when the division is considering the 2209 
issuance of a declaratory statement with respect to the 2210 
cooperative documents governing such cooperative community. 2211 
 (h)  The division shall furn ish each association which pays 2212 
the fees required by paragraph (2)(a) a copy of this act, 2213 
subsequent changes to this act on an annual basis, an amended 2214 
version of this act as it becomes available from the Secretary 2215 
of State's office on a biennial basis, an d the rules adopted 2216 
thereto on an annual basis. 2217 
 (i)  The division shall annually provide each association 2218 
with a summary of declaratory statements and formal legal 2219 
opinions relating to the operations of cooperatives which were 2220 
rendered by the division dur ing the previous year. 2221 
 (j)  The division shall adopt uniform accounting 2222 
principles, policies, and standards to be used by all 2223 
associations in the preparation and presentation of all 2224 
financial statements required by this chapter. The principles, 2225          
 
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policies, and standards shall take into consideration the size 2226 
of the association and the total revenue collected by the 2227 
association. 2228 
 (k)  The division shall provide training and educational 2229 
programs for cooperative association board members and unit 2230 
owners. The training may, in the division's discretion, include 2231 
web-based electronic media, and live training and seminars in 2232 
various locations throughout the state. The division may review 2233 
and approve education and training programs for board members 2234 
and unit owners offered by providers and shall maintain a 2235 
current list of approved programs and providers and make such 2236 
list available to board members and unit owners in a reasonable 2237 
and cost-effective manner. 2238 
 (l)  The division shall maintain a toll -free telephone 2239 
number accessible to cooperative unit owners. 2240 
 (m)  When a complaint is made to the division, the division 2241 
shall conduct its inquiry with reasonable dispatch and with due 2242 
regard to the interests of the affected parties. Within 30 days 2243 
after receipt of a complaint , the division shall acknowledge the 2244 
complaint in writing and notify the complainant whether the 2245 
complaint is within the jurisdiction of the division and whether 2246 
additional information is needed by the division from the 2247 
complainant. The division shall cond uct its investigation and 2248 
shall, within 90 days after receipt of the original complaint or 2249 
timely requested additional information, take action upon the 2250          
 
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complaint. However, the failure to complete the investigation 2251 
within 90 days does not prevent the divis ion from continuing the 2252 
investigation, accepting or considering evidence obtained or 2253 
received after 90 days, or taking administrative action if 2254 
reasonable cause exists to believe that a violation of this 2255 
chapter or a rule of the division has occurred. If a n 2256 
investigation is not completed within the time limits 2257 
established in this paragraph, the division shall, on a monthly 2258 
basis, notify the complainant in writing of the status of the 2259 
investigation. When reporting its action to the complainant, the 2260 
division shall inform the complainant of any right to a hearing 2261 
pursuant to ss. 120.569 and 120.57. 2262 
 (n)  The division shall develop a program to certify both 2263 
volunteer and paid mediators to provide mediation of cooperative 2264 
disputes. The division shall provide, upo n request, a list of 2265 
such mediators to any association, unit owner, or other 2266 
participant in arbitration proceedings under s. 718.1255 2267 
requesting a copy of the list. The division shall include on the 2268 
list of voluntary mediators only persons who have receive d at 2269 
least 20 hours of training in mediation techniques or have 2270 
mediated at least 20 disputes. In order to become initially 2271 
certified by the division, paid mediators must be certified by 2272 
the Supreme Court to mediate court cases in county or circuit 2273 
courts. However, the division may adopt, by rule, additional 2274 
factors for the certification of paid mediators, which factors 2275          
 
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must be related to experience, education, or background. Any 2276 
person initially certified as a paid mediator by the division 2277 
must, in order to continue to be certified, comply with the 2278 
factors or requirements imposed by rules adopted by the 2279 
division. 2280 
 (3)(a)  On or before January 1, 2023, cooperative 2281 
associations existing on or before July 1, 2022, must provide 2282 
the following information to the division in writing, by e -mail, 2283 
United States Postal Service, commercial delivery service, or 2284 
hand delivery, at a physical address or e -mail address provided 2285 
by the division and on a form posted on the division's website: 2286 
 1.  The number of buildings on th e cooperative property 2287 
that are three stories or higher in height. 2288 
 2.  The total number of units in all such buildings. 2289 
 3.  The addresses of all such buildings. 2290 
 4.  The counties in which all such buildings are located. 2291 
 (b)  The division must compile a list of the number of 2292 
buildings on cooperative property that are three stories or 2293 
higher in height, which is searchable by county, and must post 2294 
the list on the division's website. This list must include all 2295 
of the following information: 2296 
 1.  The name of each association with buildings on the 2297 
cooperative property that are three stories or higher in height. 2298 
 2.  The number of such buildings on each association's 2299 
property. 2300          
 
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 3.  The addresses of all such buildings. 2301 
 4.  The counties in which all such buildings are located. 2302 
 (c)  An association must provide an update in writing to 2303 
the division if there are any changes to the information in the 2304 
list under paragraph (b) within 6 months after the change. 2305 
 Section 21.  Paragraph (b) of subsection (1) and paragraph 2306 
(a) of subsection (2) of section 719.503, Florida Statutes, are 2307 
amended to read: 2308 
 719.503  Disclosure before prior to sale.— 2309 
 (1)  DEVELOPER DISCLOSURE. — 2310 
 (b)  Copies of documents to be furnished to prospective 2311 
buyer or lessee.—Until such time as the deve loper has furnished 2312 
the documents listed below to a person who has entered into a 2313 
contract to purchase a unit or lease it for more than 5 years, 2314 
the contract may be voided by that person, entitling the person 2315 
to a refund of any deposit together with intere st thereon as 2316 
provided in s. 719.202. The contract may be terminated by 2317 
written notice from the proposed buyer or lessee delivered to 2318 
the developer within 15 days after the buyer or lessee receives 2319 
all of the documents required by this section. The develop er may 2320 
shall not close for 15 days after following the execution of the 2321 
agreement and delivery of the documents to the buyer as 2322 
evidenced by a receipt for documents signed by the buyer unless 2323 
the buyer is informed in the 15 -day voidability period and 2324 
agrees to close before prior to the expiration of the 15 days. 2325          
 
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The developer must shall retain in his or her records a separate 2326 
signed agreement as proof of the buyer's agreement to close 2327 
before prior to the expiration of the said voidability period. 2328 
Such Said proof must shall be retained for a period of 5 years 2329 
after the date of the closing transaction. The documents to be 2330 
delivered to the prospective buyer are the prospectus or 2331 
disclosure statement with all exhibits, if the development is 2332 
subject to the provisions of s. 719.504, or, if not, then copies 2333 
of the following which are applicable: 2334 
 1.  The question and answer sheet described in s. 719.504, 2335 
and cooperative documents, or the proposed cooperative documents 2336 
if the documents have not been recorded, w hich must shall 2337 
include the certificate of a surveyor approximately representing 2338 
the locations required by s. 719.104. 2339 
 2.  The documents creating the association. 2340 
 3.  The bylaws. 2341 
 4.  The ground lease or other underlying lease of the 2342 
cooperative. 2343 
 5.  The management contract, maintenance contract, and 2344 
other contracts for management of the association and operation 2345 
of the cooperative and facilities used by the unit owners having 2346 
a service term in excess of 1 year, and any management contracts 2347 
that are renewable. 2348 
 6.  The estimated operating budget for the cooperative and 2349 
a schedule of expenses for each type of unit, including fees 2350          
 
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assessed to a shareholder who has exclusive use of limited 2351 
common areas, where such costs are shared only by those entitled 2352 
to use such limited common areas. 2353 
 7.  The lease of recreational and other facilities that 2354 
will be used only by unit owners of the subject cooperative. 2355 
 8.  The lease of recreational and other common areas that 2356 
will be used by unit owners in common with unit o wners of other 2357 
cooperatives. 2358 
 9.  The form of unit lease if the offer is of a leasehold. 2359 
 10.  Any declaration of servitude of properties serving the 2360 
cooperative but not owned by unit owners or leased to them or 2361 
the association. 2362 
 11.  If the development is to be built in phases or if the 2363 
association is to manage more than one cooperative, a 2364 
description of the plan of phase development or the arrangements 2365 
for the association to manage two or more cooperatives. 2366 
 12.  If the cooperative is a conversion of exis ting 2367 
improvements, the statements and disclosure required by s. 2368 
719.616. 2369 
 13.  The form of agreement for sale or lease of units. 2370 
 14.  A copy of the floor plan of the unit and the plot plan 2371 
showing the location of the residential buildings and the 2372 
recreation and other common areas. 2373 
 15.  A copy of all covenants and restrictions that which 2374 
will affect the use of the property and which are not contained 2375          
 
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in the foregoing. 2376 
 16.  If the developer is required by state or local 2377 
authorities to obtain acceptance or approval of any dock or 2378 
marina facilities intended to serve the cooperative, a copy of 2379 
any such acceptance or approval acquired by the time of filing 2380 
with the division under pursuant to s. 719.502(1) or a statement 2381 
that such acceptance or approval has not been acquired or 2382 
received. 2383 
 17.  Evidence demonstrating that the developer has an 2384 
ownership, leasehold, or contractual interest in the land upon 2385 
which the cooperative is to be developed. 2386 
 18.  A copy of the association's most recent structural 2387 
integrity reserve study or a statement that the association has 2388 
not completed a structural integrity reserve study. 2389 
 19.  If the unit is located in a building on the 2390 
cooperative property that must be recertified under s. 719.132, 2391 
a copy of the association's most recent written recertification 2392 
report or a statement that the association has not completed the 2393 
required recertification. 2394 
 20.  If the unit is located in a building on the 2395 
cooperative property that must have a phase 2 inspection 2396 
performed under s. 719.132, a copy of the association's most 2397 
recent written phase 2 inspection report or a statement that the 2398 
association has not completed the required phase 2 inspection. 2399 
 (2)  NONDEVELOPER DISCLOSURE. — 2400          
 
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 (a)  Each unit owner who is not a developer as defined by 2401 
this chapter must comply with the provisions of this subsection 2402 
before prior to the sale of his or her interest in the 2403 
association. Each prospective purchaser who has entered into a 2404 
contract for the purchase of an interest in a cooperative is 2405 
entitled, at the seller's expense, to a current copy of the 2406 
articles of incorporation of the association, the bylaws, and 2407 
rules of the association, as well as a copy of the question and 2408 
answer sheet as provided in s. 719.504 , a copy of the 2409 
association's most recent struct ural integrity reserve study or 2410 
a statement that the association has not completed a structural 2411 
integrity reserve study, and, if applicable, a copy of the 2412 
association's most recent written recertification report or most 2413 
recent written phase 2 inspection re port or a statement that the 2414 
association has not completed the required recertification or 2415 
required phase 2 inspection . 2416 
 Section 22.  Paragraphs (q), (r), and (s) are added to 2417 
subsection (23) of section 719.504, Florida Statutes, to read: 2418 
 719.504  Prospectus or offering circular. —Every developer 2419 
of a residential cooperative which contains more than 20 2420 
residential units, or which is part of a group of residential 2421 
cooperatives which will be served by property to be used in 2422 
common by unit owners of more tha n 20 residential units, shall 2423 
prepare a prospectus or offering circular and file it with the 2424 
Division of Florida Condominiums, Timeshares, and Mobile Homes 2425          
 
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prior to entering into an enforceable contract of purchase and 2426 
sale of any unit or lease of a unit f or more than 5 years and 2427 
shall furnish a copy of the prospectus or offering circular to 2428 
each buyer. In addition to the prospectus or offering circular, 2429 
each buyer shall be furnished a separate page entitled 2430 
"Frequently Asked Questions and Answers," which m ust be in 2431 
accordance with a format approved by the division. This page 2432 
must, in readable language: inform prospective purchasers 2433 
regarding their voting rights and unit use restrictions, 2434 
including restrictions on the leasing of a unit; indicate 2435 
whether and in what amount the unit owners or the association is 2436 
obligated to pay rent or land use fees for recreational or other 2437 
commonly used facilities; contain a statement identifying that 2438 
amount of assessment which, pursuant to the budget, would be 2439 
levied upon each unit type, exclusive of any special 2440 
assessments, and which identifies the basis upon which 2441 
assessments are levied, whether monthly, quarterly, or 2442 
otherwise; state and identify any court cases in which the 2443 
association is currently a party of record in wh ich the 2444 
association may face liability in excess of $100,000; and state 2445 
whether membership in a recreational facilities association is 2446 
mandatory and, if so, identify the fees currently charged per 2447 
unit type. The division shall by rule require such other 2448 
disclosure as in its judgment will assist prospective 2449 
purchasers. The prospectus or offering circular may include more 2450          
 
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than one cooperative, although not all such units are being 2451 
offered for sale as of the date of the prospectus or offering 2452 
circular. The prospectus or offering circular must contain the 2453 
following information: 2454 
 (23)  Copies of the following, to the extent they are 2455 
applicable, shall be included as exhibits: 2456 
 (q)  The association's most recent structural integrity 2457 
reserve study or a statement tha t the association has not 2458 
completed a structural integrity reserve study. 2459 
 (r)  If the unit is located in a building on the 2460 
cooperative property that must be recertified under s. 719.132, 2461 
the association's most recent written recertification report or 2462 
a statement that the association has not completed the required 2463 
recertification. 2464 
 (s)  If the unit is located in a building on the 2465 
cooperative property that must have a phase 2 inspection 2466 
performed under s. 719.132, the association's most recent 2467 
written phase 2 inspection report or a statement that the 2468 
association has not completed the required phase 2 inspection. 2469 
 Section 23.  Paragraphs (d) and (k) of subsection (10) of 2470 
section 720.303, Florida Statutes, are amended to read: 2471 
 720.303  Association powers and duties; meetings of board; 2472 
official records; budgets; financial reporting; association 2473 
funds; recalls.— 2474 
 (10)  RECALL OF DIRECTORS. — 2475          
 
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 (d)  If the board determines not to certify the written 2476 
agreement or written ballots to recall a director or directors 2477 
of the board or does not certify the recall by a vote at a 2478 
meeting, the board shall, within 5 full business days after the 2479 
meeting, file an action with a court of competent jurisdiction 2480 
or file with the department a petition for binding arbitration 2481 
under the applicable procedures in ss. 718.112(2)(k) ss. 2482 
718.112(2)(j) and 718.1255 and the rules adopted thereunder. For 2483 
the purposes of this section, the members who voted at the 2484 
meeting or who executed the agreement in writing shall 2485 
constitute one party under th e petition for arbitration or in a 2486 
court action. If the arbitrator or court certifies the recall as 2487 
to any director or directors of the board, the recall will be 2488 
effective upon the final order of the court or the mailing of 2489 
the final order of arbitration t o the association. The director 2490 
or directors so recalled shall deliver to the board any and all 2491 
records of the association in their possession within 5 full 2492 
business days after the effective date of the recall. 2493 
 (k)  A board member who has been recalled ma y file an 2494 
action with a court of competent jurisdiction or a petition 2495 
under ss. 718.112(2)(k) ss. 718.112(2)(j) and 718.1255 and the 2496 
rules adopted challenging the validity of the recall. The 2497 
petition or action must be filed within 60 days after the recall 2498 
is deemed certified. The association and the parcel owner 2499 
representative shall be named as respondents. 2500          
 
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 Section 24.  Subsection (1) of section 720.311, Florida 2501 
Statutes, is amended to read: 2502 
 720.311  Dispute resolution. — 2503 
 (1)  The Legislature finds that alternative dispute 2504 
resolution has made progress in reducing court dockets and 2505 
trials and in offering a more efficient, cost -effective option 2506 
to litigation. The filing of any petition for arbitration or the 2507 
serving of a demand for presuit mediation as pro vided for in 2508 
this section shall toll the applicable statute of limitations. 2509 
Any recall dispute filed with the department under s. 2510 
720.303(10) shall be conducted by the department in accordance 2511 
with the provisions of ss. 718.112(2)(k) ss. 718.112(2)(j) and 2512 
718.1255 and the rules adopted by the division. In addition, the 2513 
department shall conduct binding arbitration of election 2514 
disputes between a member and an association in accordance with 2515 
s. 718.1255 and rules adopted by the division. Election disputes 2516 
and recall disputes are not eligible for presuit mediation; 2517 
these disputes must be arbitrated by the department or filed in 2518 
a court of competent jurisdiction. At the conclusion of an 2519 
arbitration proceeding, the department shall charge the parties 2520 
a fee in an amount adequate to cover all costs and expenses 2521 
incurred by the department in conducting the proceeding. 2522 
Initially, the petitioner shall remit a filing fee of at least 2523 
$200 to the department. The fees paid to the department shall 2524 
become a recoverable cost in the arbitration proceeding, and the 2525          
 
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prevailing party in an arbitration proceeding shall recover its 2526 
reasonable costs and attorney fees in an amount found reasonable 2527 
by the arbitrator. The department shall adopt rules to 2528 
effectuate the purposes of this sec tion. 2529 
 Section 25.  Subsection (6) of section 721.15, Florida 2530 
Statutes, is amended to read: 2531 
 721.15  Assessments for common expenses. — 2532 
 (6)  Notwithstanding any contrary requirements of s. 2533 
718.112(2)(h) s. 718.112(2)(g) or s. 719.106(1)(g), for 2534 
timeshare plans subject to this chapter, assessments against 2535 
purchasers need not be made more frequently than annually. 2536 
 Section 26.  For the 2022-2023 fiscal year, the sums of 2537 
$333,380 in recurring funds and $167,564 in nonrecurring funds 2538 
are appropriated from t he Division of Florida Condominiums, 2539 
Timeshares, and Mobile Homes Trust Fund to the Department of 2540 
Business and Professional Regulation, and four full -time 2541 
equivalent positions with associated salary rate of 197,500 are 2542 
authorized, for the purpose of implem enting the provisions 2543 
related to this act. 2544 
 Section 27.  This act shall take effect July 1, 2022. 2545