This bill amends several sections of Florida Statutes related to community association management, specifically targeting the requirements for community associations with total annual revenues of $500,000 or more. It mandates that such associations must contract with a licensed community association management firm. The bill emphasizes the responsibility of board members, officers, and directors to ensure that the contracted management firm possesses all necessary licenses as required by state law. This requirement is included in amendments to sections 718.111, 718.405, 719.106, and 720.303 of the Florida Statutes.

Additionally, the bill introduces new provisions that reinforce the licensing obligations for community association managers and management firms, ensuring compliance with part VIII of chapter 468. The effective date for these changes is set for January 1, 2027. Overall, the bill aims to enhance the governance and management of community associations by ensuring that they engage qualified management professionals, thereby protecting the interests of the community members.

Statutes affected:
H 465 Filed: 718.111, 719.106, 720.303