The bill amends the Condominium Act of 1978, specifically section 67, to clarify the requirements for changes in condominium projects. It stipulates that any change must be reflected in an amendment to the condominium documents, which is subject to existing regulations. The language has been updated to replace "shall" with "must" in several instances, emphasizing the mandatory nature of these requirements. Additionally, if changes involve altering unit boundaries or modifying the number of units, a replat of the condominium subdivision plan must be prepared and recorded, ensuring that each unit is assigned a number in the amended project.

Furthermore, the bill outlines the rights of developers regarding undeveloped land within a condominium project. Developers can withdraw undeveloped land or convert undeveloped units to "must be built" status without prior consent for a period of ten years after the master deed is recorded. If the developer does not act within this timeframe, the association of co-owners can declare that the undeveloped land must remain part of the project and revert to general common elements. The bill also clarifies the process for filing notices of declaration and the conditions under which these declarations take effect, ensuring that all parties involved are properly notified and that the necessary legal procedures are followed.

Statutes affected:
Senate Introduced Bill: 559.167