This bill amends several sections of Florida Statutes related to community association management, specifically targeting 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 management firm or community association manager is properly licensed before entering into a contract. 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 requirements for community association management firms and the duty of association leaders to verify these licenses. The effective date for the implementation of this act 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.
Statutes affected: S 822 Filed: 718.111, 719.106, 720.303