Gov. Scott signs HOA, real property and trust fund bills

TALLAHASSEE, Fla. – March 26, 2018 – On March 23, Gov. Rick Scott signed 74 bills into law, including ones that have an impact on certain aspects of the real estate business:

  • CS/CS/CS/HB 841 – Community Associations
    This bill revises a number of laws related to condominium associations. It touches on recordkeeping and financial reporting; provisions relating to required association bylaws; board term limits; and voting requirements relating to alterations and additions to certain common elements or association property. It also says that a condo association cannot prohibit a unit owner from installing an electronic vehicle charging station; revises requirements to serve as a board member; and focuses on certain procedures for amending a governing document, etc. A synopsis of changes is posted online. Effective Date: July 1, 2018
  • CS/CS/HB 875 – Limitations of Actions Other Than for the Recovery of Real Property
    This bill addresses two issues regarding the timeframe for bringing a lawsuit based on a defect in the design, planning or construction of a building or other improvement to real property. First, the bill specifies that a person who is served with a pleading may file a related counterclaim, cross-claim, or third-party claim within 1 year, regardless of whether the filing of the claim would otherwise be time barred. Second, it causes the timeframes for filing a construction-defect lawsuit to begin and end sooner in some circumstances than under current law. Effective date: July 1, 2018
  • HB 7033 Trust Funds
    Continues the Land Acquisition Trust Fund within the Florida Department of State.
  • HB 7051 Trust Funds
    Continues the Land Acquisition Trust Fund within the Florida Department of Agriculture and Consumer Services.

Reprinted with permission. © 2018 Florida Realtors florida realtors

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