The bill amends several sections of the Florida Statutes related to condominium associations, specifically focusing on the management and documentation of turnover certificates and annual reports. It mandates that condominium associations maintain their turnover certificate and annual report as part of their official records. Additionally, it requires the board of administration to file a turnover certificate with the Division of Condominiums, Timeshares, and Mobile Homes within 30 days after a majority of the board members are elected by unit owners. This turnover certificate must include specific information such as the date of the election and the names and addresses of the elected members.
Furthermore, the bill establishes that the Division will maintain a publicly accessible online database of turnover certificates, which will include essential details about each condominium association and the turnover date. The Division is also tasked with creating a searchable electronic database for these certificates and adopting rules regarding their form and filing procedures. The effective date for this act is set for July 1, 2026.
Statutes affected: H 255 Filed: 718.111, 718.124, 718.301