Senate Bill 630 is anticipated to become law and would take effect July 1, 2021.
How will this affect Associations? Please see some of the highlights below!
718.111 Official Records
- Bids for work only need to be maintained for one year after receipt of the bid.
- Association members do not have to state any reason for the inspection of official records.
- Condominiums with 150+ units are permitted to post required documents/applications on its website or via mobile application.
- Board of Directors may extinguish a discriminatory restriction by a majority vote.
- Transfer fees increased from a $100 max to $150 per applicant. May be readjusted every 5 years.
- Contracts with a service provider that is owned or operated by a board member or with any person who has a financial relationship with a board member are no longer prohibited.
- Association may not prohibit the installation of legally compliant natural gas fuel station.
- Condominium disputes now have the option to choose either presuit mediation (except for election or recall disputes) or arbitration.
718.1265 Association emergency powers
- Emergency powers extended to include any occurrence or threat of occurrence that may result in substantial injury or harm to the population or property. (i.e. global pandemic)
- Associations may contract on behalf of Owners the services which are necessary to prevent further injury, including sanitization. Cost of such services are to be reimbursed by Owner.
- An association may NOT prohibit Owners, tenants, etc. from accessing unit/common elements if such access is needed to facilitate sale, lease or other transfer of title to the unit.
720.303 Association powers and duties; meetings of board; official records; etc.
- All papers and electronic records relating to voting by parcel owners, must be maintained for at least 1 year after the date of the election, vote or meeting.
- Changes regarding reserve accounts. Please see 720.313(6)(d).
- Petitioners for a recall dispute may choose to go to court or pursue arbitration with the Division. Previously only arbitration was allowed.
- Fines are now due 5 days after notice of the approved fine is given.
720.306 Meeting of members; voting and election procedures; amendments.
- Mailing address for notice is determined by the official records of the association, not from property appraiser’s website.
- Any covenant enacted after July 1, 2021 that prohibits or regulates rental agreements only applies to a parcel owner who acquires title after the effective date of the covenant. Includes exclusions such as rental agreements with a term of less than 6 months.