Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. CS for CS for SB 398
       
       
       
       
       
       
                                Ì724766JÎ724766                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/29/2017           .                                
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       The Committee on Rules (Passidomo) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Subsection (8) of section 718.116, Florida
    6  Statutes, is amended to read:
    7         718.116 Assessments; liability; lien and priority;
    8  interest; collection.—
    9         (8) Within 10 business 15 days after receiving a written or
   10  electronic request therefor from a unit owner or the unit
   11  owner’s his or her designee, or a unit mortgagee or the unit
   12  mortgagee’s his or her designee, the association shall issue the
   13  estoppel provide a certificate. Each association shall designate
   14  on its website a person or entity with a street or e-mail
   15  address for receipt of a request for an estoppel certificate
   16  issued pursuant to this section. The estoppel certificate must
   17  be provided by hand delivery, regular mail, or e-mail to the
   18  requestor on the date of issuance of the estoppel certificate
   19  signed by an officer or agent of the association stating all
   20  assessments and other moneys owed to the association by the unit
   21  owner with respect to the condominium parcel.
   22         (a) An estoppel certificate may be completed by any board
   23  member, authorized agent, or authorized representative of the
   24  association, including any authorized agent, authorized
   25  representative, or employee of a management company authorized
   26  to complete this form on behalf of the board or association. The
   27  estoppel certificate must contain all of the following
   28  information and must be substantially in the following form:
   29         1.Date of issuance:....
   30         2.Name(s) of the unit owner(s) as reflected in the books
   31  and records of the association:....
   32         3.Unit designation and address:....
   33         4. Parking or garage space number, as reflected in the
   34  books and records of the association:....
   35         5.Attorney’s name and contact information if the account
   36  is delinquent and has been turned over to an attorney for
   37  collection. No fee may be charged for this information.
   38         6.Fee for the preparation and delivery of the estoppel
   39  certificate:....
   40         7.Name of the requestor:....
   41         8.Assessment information and other information:
   42  
   43                       ASSESSMENT INFORMATION:                     
   44         a.The regular periodic assessment levied against the unit
   45  is $.... per ...(insert frequency of payment)....
   46         b.The regular periodic assessment is paid through
   47  ...(insert date paid through)....
   48         c.The next installment of the regular periodic assessment
   49  is due ...(insert due date)... in the amount of $.....
   50         d.An itemized list of all assessments, special
   51  assessments, and other moneys owed on the date of issuance to
   52  the association by the unit owner for a specific unit is
   53  provided.
   54         e.An itemized list of any additional assessments, special
   55  assessments, and other moneys that are scheduled to become due
   56  for each day after the date of issuance for the effective period
   57  of the estoppel certificate is provided. In calculating the
   58  amounts that are scheduled to become due, the association may
   59  assume that any delinquent amounts will remain delinquent during
   60  the effective period of the estoppel certificate.
   61  
   62                         OTHER INFORMATION:                        
   63         f.Is there a capital contribution fee, resale fee,
   64  transfer fee, or other fee due? ...(Yes)... ...(No).... If yes,
   65  specify the type and the amount of the fee.
   66         g.Is there any open violation of rule or regulation
   67  noticed to the unit owner in the association official records?
   68  ...(Yes)... ...(No)....
   69         h.Do the rules and regulations of the association
   70  applicable to the unit require approval by the board of
   71  directors of the association for the transfer of the unit?
   72  ...(Yes)... ...(No).... If yes, has the board approved the
   73  transfer of the unit? ...(Yes)... ...(No)....
   74         i.Do rules or regulations applicable to the unit provide
   75  for a right of first refusal in favor of the members or
   76  association? ...(Yes)... ...(No).... If yes, include applicable
   77  rules or regulations.
   78         j.Provide a list of, and contact information for, all
   79  other associations of which the unit is a member.
   80         k.Provide contact information for all insurance maintained
   81  by the association.
   82         l. Provide the signature of an officer or authorized agent
   83  of the association.
   84  
   85  The association, at its option, may include additional
   86  information in the estoppel Any person other than the owner who
   87  relies upon such certificate shall be protected thereby.
   88         (b)An estoppel certificate that is hand delivered or sent
   89  by electronic means has a 30-day effective period. An estoppel
   90  certificate that is sent by regular mail has a 35-day effective
   91  period. If additional information or a mistake related to the
   92  estoppel certificate becomes known to the association within the
   93  effective period, an amended estoppel certificate may be
   94  delivered and becomes effective if a sale or refinancing of the
   95  unit has not been completed during the effective period. A fee
   96  may not be charged for an amended estoppel certificate. An
   97  amended estoppel certificate must be delivered on the date of
   98  issuance, and a new 30-day or 35-day effective period begins on
   99  such date.
  100         (c)An association waives the right to collect any moneys
  101  owed in excess of the amounts specified in the estoppel
  102  certificate from any person who in good faith relies upon the
  103  estoppel certificate and from the person’s successors and
  104  assigns.
  105         (d)If an association receives a request for an estoppel
  106  certificate from a unit owner or the unit owner’s designee, or a
  107  unit mortgagee or the unit mortgagee’s designee, and fails to
  108  deliver the estoppel certificate within 10 business days, a fee
  109  may not be charged for the preparation and delivery of that
  110  estoppel certificate.
  111         (e)(b) A summary proceeding pursuant to s. 51.011 may be
  112  brought to compel compliance with this subsection, and in any
  113  such action the prevailing party is entitled to recover
  114  reasonable attorney attorney’s fees.
  115         (f)(c) Notwithstanding any limitation on transfer fees
  116  contained in s. 718.112(2)(i), an the association or its
  117  authorized agent may charge a reasonable fee for the preparation
  118  and delivery of an estoppel certificate, which may not exceed
  119  $250, if, on the date the certificate is issued, no delinquent
  120  amounts are owed to the association for the applicable unit. If
  121  an estoppel certificate is requested on an expedited basis and
  122  delivered within 3 business days after the request, the
  123  association may charge an additional fee of $100. If a
  124  delinquent amount is owed to the association for the applicable
  125  unit, an additional fee for the estoppel certificate may not
  126  exceed $150 for the preparation of the certificate. The amount
  127  of the fee must be included on the certificate.
  128         (g)If estoppel certificates for multiple units owned by
  129  the same owner are simultaneously requested from the same
  130  association and there are no past due monetary obligations owed
  131  to the association, the statement of moneys due for those units
  132  may be delivered in one or more estoppel certificates, and, even
  133  though the fee for each unit shall be computed as set forth in
  134  paragraph (f), the total fee that the association may charge for
  135  the preparation and delivery of the estoppel certificates may
  136  not exceed, in the aggregate:
  137         1.For 25 or fewer units, $750.
  138         2.For 26 to 50 units, $1,000.
  139         3.For 51 to 100 units, $1,500.
  140         4.For more than 100 units, $2,500.
  141         (h)(d) The authority to charge a fee for the preparation
  142  and delivery of the estoppel certificate must shall be
  143  established by a written resolution adopted by the board or
  144  provided by a written management, bookkeeping, or maintenance
  145  contract and is payable upon the preparation of the certificate.
  146  If the certificate is requested in conjunction with the sale or
  147  mortgage of a unit but the closing does not occur and no later
  148  than 30 days after the closing date for which the certificate
  149  was sought the preparer receives a written request, accompanied
  150  by reasonable documentation, that the sale did not occur from a
  151  payor that is not the unit owner, the fee shall be refunded to
  152  that payor within 30 days after receipt of the request. The
  153  refund is the obligation of the unit owner, and the association
  154  may collect it from that owner in the same manner as an
  155  assessment as provided in this section. The right to
  156  reimbursement may not be waived or modified by any contract or
  157  agreement. The prevailing party in any action brought to enforce
  158  a right of reimbursement shall be awarded damages and all
  159  applicable attorney fees and costs.
  160         (i) The fees specified in this subsection shall be adjusted
  161  every 5 years in an amount equal to the total of the annual
  162  increases for that 5-year period in the Consumer Price Index for
  163  All Urban Consumers, U.S. City Average, All Items. The
  164  Department of Business and Professional Regulation shall
  165  periodically calculate the fees, rounded to the nearest dollar,
  166  and publish the amounts, as adjusted, on its website.
  167         Section 2. Subsection (6) of section 719.108, Florida
  168  Statutes, is amended to read:
  169         719.108 Rents and assessments; liability; lien and
  170  priority; interest; collection; cooperative ownership.—
  171         (6) Within 10 business 15 days after receiving a written or
  172  electronic request for an estoppel certificate from a unit owner
  173  or the unit owner’s designee, or a unit mortgagee or the unit
  174  mortgagee’s designee, the association shall issue the estoppel
  175  certificate. Each association shall designate on its website a
  176  person or entity with a street or e-mail address for receipt of
  177  a request for an estoppel certificate issued pursuant to this
  178  section. The estoppel certificate must be provided by hand
  179  delivery, regular mail, or e-mail to the requestor on the date
  180  of issuance of the estoppel certificate.
  181         (a) An estoppel certificate may be completed by any board
  182  member, authorized agent, or authorized representative of the
  183  association, including any authorized agent, authorized
  184  representative, or employee of a management company authorized
  185  to complete this form on behalf of the board or association. The
  186  estoppel certificate must contain all of the following
  187  information and must be substantially in the following form:
  188         1.Date of issuance:....
  189         2.Name(s) of the unit owner(s) as reflected in the books
  190  and records of the association:....
  191         3.Unit designation and address:....
  192         4.Parking or garage space number, as reflected in the
  193  books and records of the association:....
  194         5.Attorney’s name and contact information if the account
  195  is delinquent and has been turned over to an attorney for
  196  collection. No fee may be charged for this information.
  197         6.Fee for the preparation and delivery of the estoppel
  198  certificate:....
  199         7. Name of the requestor:....
  200         8. Assessment information and other information:
  201  
  202                       ASSESSMENT INFORMATION:                     
  203         a.The regular periodic assessment levied against the unit
  204  is $.... per ...(insert frequency of payment)....
  205         b.The regular periodic assessment is paid through
  206  ...(insert date paid through)....
  207         c.The next installment of the regular periodic assessment
  208  is due ...(insert due date)... in the amount of $.....
  209         d.An itemized list of all assessments, special
  210  assessments, and other moneys owed by the unit owner on the date
  211  of issuance to the association for a specific unit is provided.
  212         e.An itemized list of any additional assessments, special
  213  assessments, and other moneys that are scheduled to become due
  214  for each day after the date of issuance for the effective period
  215  of the estoppel certificate is provided. In calculating the
  216  amounts that are scheduled to become due, the association may
  217  assume that any delinquent amounts will remain delinquent during
  218  the effective period of the estoppel certificate.
  219  
  220                         OTHER INFORMATION:                        
  221         f.Is there a capital contribution fee, resale fee,
  222  transfer fee, or other fee due? ...(Yes)... ...(No).... If yes,
  223  specify the type and amount of the fee.
  224         g.Is there any open violation of rule or regulation
  225  noticed to the unit owner in the association official records?
  226  ...(Yes)... ...(No)....
  227         h.Do the rules and regulations of the association
  228  applicable to the unit require approval by the board of
  229  directors of the association for the transfer of the unit?
  230  ...Yes... ...(No).... If yes, has the board approved the
  231  transfer of the unit? ...(Yes)... .. .(No)....
  232         i.Do rules or regulations applicable to the unit provide
  233  for a right of first refusal in favor of the members or
  234  association? ...(Yes)... ...(No).... If yes, include applicable
  235  rules or regulations.
  236         j.Provide a list of, and contact information for, all
  237  other associations of which the unit is a member.
  238         k.Provide contact information for all insurance maintained
  239  by the association.
  240         l. Provide the signature of an officer or authorized agent
  241  of the association.
  242  
  243  The association, at its option, may include additional
  244  information in the estoppel certificate.
  245         (b)An estoppel certificate that is hand delivered or sent
  246  by electronic means has a 30-day effective period. An estoppel
  247  certificate that is sent by regular mail has a 35-day effective
  248  period. If additional information or a mistake related to the
  249  estoppel certificate becomes known to the association within the
  250  effective period, an amended estoppel certificate may be
  251  delivered and becomes effective if a sale or refinancing of the
  252  unit has not been completed during the effective period. A fee
  253  may not be charged for an amended estoppel certificate. An
  254  amended estoppel certificate must be delivered on the date of
  255  issuance, and a new 30-day or 35-day effective period begins on
  256  such date.
  257         (c)An association waives the right to collect any moneys
  258  owed in excess of the amounts specified in the estoppel
  259  certificate from any person who in good faith relies upon the
  260  estoppel certificate and from the person’s successors and
  261  assigns.
  262         (d)If an association receives a request for an estoppel
  263  certificate from a unit owner or the unit owner’s designee, or a
  264  unit mortgagee or the unit mortgagee’s designee, and fails to
  265  deliver the estoppel certificate within 10 business days, a fee
  266  may not be charged for the preparation and delivery of that
  267  estoppel certificate.
  268         (e) A summary proceeding pursuant to s. 51.011 may be
  269  brought to compel compliance with this subsection, and in any
  270  such action the prevailing party is entitled to recover
  271  reasonable attorney fees.
  272         (f)Notwithstanding any limitation on transfer fees
  273  contained in s. 719.106(1)(i), an association or its authorized
  274  agent may charge a reasonable fee for the preparation and
  275  delivery of an estoppel certificate, which may not exceed $250
  276  if, on the date the certificate is issued, no delinquent amounts
  277  are owed to the association for the applicable unit. If an
  278  estoppel certificate is requested on an expedited basis and
  279  delivered within 3 business days after the request, the
  280  association may charge an additional fee of $100. If a
  281  delinquent amount is owed to the association for the applicable
  282  unit, an additional fee for the estoppel certificate may not
  283  exceed $150.
  284         (g) If estoppel certificates for multiple units owned by
  285  the same owner are simultaneously requested from the same
  286  association and there are no past due monetary obligations owed
  287  to the association, the statement of moneys due for those units
  288  may be delivered in one or more estoppel certificates, and, even
  289  though the fee for each unit shall be computed as set forth in
  290  paragraph (f), the total fee that the association may charge for
  291  the preparation and delivery of the estoppel certificates may
  292  not exceed, in the aggregate:
  293         1.For 25 or fewer units, $750.
  294         2.For 26 to 50 units, $1,000.
  295         3.For 51 to 100 units, $1,500.
  296         4.For more than 100 units, $2,500.
  297         (h)The authority to charge a fee for the preparation and
  298  delivery of the estoppel certificate must be established by a
  299  written resolution adopted by the board or provided by a written
  300  management, bookkeeping, or maintenance contract and is payable
  301  upon the preparation of the certificate. If the certificate is
  302  requested in conjunction with the sale or mortgage of a parcel
  303  but the closing does not occur and no later than 30 days after
  304  the closing date for which the certificate was sought the
  305  preparer receives a written request, accompanied by reasonable
  306  documentation, that the sale did not occur from a payor that is
  307  not the parcel owner, the fee shall be refunded to that payor
  308  within 30 days after receipt of the request. The refund is the
  309  obligation of the parcel owner, and the association may collect
  310  it from that owner in the same manner as an assessment as
  311  provided in this section. The right to reimbursement may not be
  312  waived or modified by any contract or agreement. The prevailing
  313  party in any action brought to enforce a right of reimbursement
  314  shall be awarded damages and all applicable attorney fees and
  315  costs.
  316         (i) The fees specified in this subsection shall be adjusted
  317  every 5 years in an amount equal to the total of the annual
  318  increases for that 5-year period in the Consumer Price Index for
  319  All Urban Consumers, U.S. City Average, All Items. The
  320  Department of Business and Professional Regulation shall
  321  periodically calculate the fees, rounded to the nearest dollar,
  322  and publish the amounts, as adjusted, on its website by a unit
  323  owner or mortgagee, the association shall provide a certificate
  324  stating all assessments and other moneys owed to the association
  325  by the unit owner with respect to the cooperative parcel. Any
  326  person other than the unit owner who relies upon such
  327  certificate shall be protected thereby. Notwithstanding any
  328  limitation on transfer fees contained in s. 719.106(1)(i), the
  329  association or its authorized agent may charge a reasonable fee
  330  for the preparation of the certificate.
  331         Section 3. Section 720.30851, Florida Statutes, is amended
  332  to read:
  333         720.30851 Estoppel certificates.—Within 10 business 15 days
  334  after receiving a written or electronic the date on which a
  335  request for an estoppel certificate from a parcel owner or the
  336  parcel owner’s designee, or a parcel mortgagee or the parcel
  337  mortgagee’s designee, the association shall issue the estoppel
  338  certificate. Each association shall designate on its website a
  339  person or entity with a street or e-mail address for receipt of
  340  a request for an estoppel certificate issued pursuant to this
  341  section. The estoppel certificate must be provided by hand
  342  delivery, regular mail, or e-mail to the requestor on the date
  343  of issuance of the estoppel certificate.
  344         (1) An estoppel certificate may be completed by any board
  345  member, authorized agent, or authorized representative of the
  346  association, including any authorized agent, authorized
  347  representative, or employee of a management company authorized
  348  to complete this form on behalf of the board or association. The
  349  estoppel certificate must contain all of the following
  350  information and must be substantially in the following form:
  351         (a)Date of issuance:....
  352         (b)Name(s) of the parcel owner(s) as reflected in the
  353  books and records of the association:....
  354         (c)Parcel designation and address:....
  355         (d) Parking or garage space number, as reflected in the
  356  books and records of the association:....
  357         (e)Attorney’s name and contact information if the account
  358  is delinquent and has been turned over to an attorney for
  359  collection. No fee may be charged for this information.
  360         (f)Fee for the preparation and delivery of the estoppel
  361  certificate:....
  362         (g) Name of the requestor:....
  363         (h) Assessment information and other information:
  364  
  365                       ASSESSMENT INFORMATION:                     
  366         1.The regular periodic assessment levied against the
  367  parcel is $.... per ...(insert frequency of payment)....
  368         2.The regular periodic assessment is paid through
  369  ...(insert date paid through)....
  370         3.The next installment of the regular periodic assessment
  371  is due ...(insert due date)... in the amount of $.....
  372         4.An itemized list of all assessments, special
  373  assessments, and other moneys owed on the date of issuance to
  374  the association by the parcel owner for a specific parcel is
  375  provided.
  376         5.An itemized list of any additional assessments, special
  377  assessments, and other moneys that are scheduled to become due
  378  for each day after the date of issuance for the effective period
  379  of the estoppel certificate is provided. In calculating the
  380  amounts that are scheduled to become due, the association may
  381  assume that any delinquent amounts will remain delinquent during
  382  the effective period of the estoppel certificate.
  383  
  384                         OTHER INFORMATION:                        
  385         6.Is there a capital contribution fee, resale fee,
  386  transfer fee, or other fee due? ...(Yes)... ...(No).... If yes,
  387  specify the type and amount of the fee.
  388         7.Is there any open violation of rule or regulation
  389  noticed to the parcel owner in the association official records?
  390  ...(Yes)... ...(No)....
  391         8.Do the rules and regulations of the association
  392  applicable to the parcel require approval by the board of
  393  directors of the association for the transfer of the parcel?
  394  ...(Yes)... ...(No).... If yes, has the board approved the
  395  transfer of the parcel? ...(Yes)... ...(No)....
  396         9.Do rules or regulations applicable to the parcel provide
  397  for a right of first refusal in favor of the members or
  398  association? ...(Yes)... ...(No).... If yes, include applicable
  399  rules or regulations.
  400         10.Provide a list of, and contact information for, all
  401  other associations of which the parcel is a member.
  402         11.Provide contact information for all insurance
  403  maintained by the association.
  404         12. Provide the signature of an officer or authorized agent
  405  of the association.
  406  
  407  The association, at its option, may include additional
  408  information in the estoppel certificate.
  409         (2)An estoppel certificate that is hand delivered or sent
  410  by electronic means has a 30-day effective period. An estoppel
  411  certificate that is sent by regular mail has a 35-day effective
  412  period. If additional information or a mistake related to the
  413  estoppel certificate becomes known to the association within the
  414  effective period, an amended estoppel certificate may be
  415  delivered and becomes effective if a sale or refinancing of the
  416  parcel has not been completed during the effective period. A fee
  417  may not be charged for an amended estoppel certificate. An
  418  amended estoppel certificate must be delivered on the date of
  419  issuance, and a new 30-day or 35-day effective period begins on
  420  such date.
  421         (3)An association waives the right to collect any moneys
  422  owed in excess of the amounts specified in the estoppel
  423  certificate from any person who in good faith relies upon the
  424  estoppel certificate and from the person’s successors and
  425  assigns.
  426         (4)If an association receives a request for an estoppel
  427  certificate from a parcel owner or the parcel owner’s designee,
  428  or a parcel mortgagee or the parcel mortgagee’s designee, and
  429  fails to deliver the estoppel certificate within 10 business
  430  days, a fee may not be charged for the preparation and delivery
  431  of that estoppel certificate for an estoppel certificate is
  432  received from a parcel owner or mortgagee, or his or her
  433  designee, the association shall provide a certificate signed by
  434  an officer or authorized agent of the association stating all
  435  assessments and other moneys owed to the association by the
  436  parcel owner or mortgagee with respect to the parcel. An
  437  association may charge a fee for the preparation of such
  438  certificate, and the amount of such fee must be stated on the
  439  certificate.
  440         (1) Any person other than a parcel owner who relies upon a
  441  certificate receives the benefits and protection thereof.
  442         (5)(2) A summary proceeding pursuant to s. 51.011 may be
  443  brought to compel compliance with this section, and the
  444  prevailing party is entitled to recover reasonable attorney
  445  attorney’s fees.
  446         (6)An association or its authorized agent may charge a
  447  reasonable fee for the preparation and delivery of an estoppel
  448  certificate, which may not exceed $250, if, on the date the
  449  certificate is issued, no delinquent amounts are owed to the
  450  association for the applicable parcel. If an estoppel
  451  certificate is requested on an expedited basis and delivered
  452  within 3 business days after the request, the association may
  453  charge an additional fee of $100. If a delinquent amount is owed
  454  to the association for the applicable parcel, an additional fee
  455  for the estoppel certificate may not exceed $150.
  456         (7)If estoppel certificates for multiple parcels owned by
  457  the same owner are simultaneously requested from the same
  458  association and there are no past due monetary obligations owed
  459  to the association, the statement of moneys due for those
  460  parcels may be delivered in one or more estoppel certificates,
  461  and, even though the fee for each parcel shall be computed as
  462  set forth in subsection (6), the total fee that the association
  463  may charge for the preparation and delivery of the estoppel
  464  certificates may not exceed, in the aggregate:
  465         (a)For 25 or fewer parcels, $750.
  466         (b)For 26 to 50 parcels, $1,000.
  467         (c)For 51 to 100 parcels, $1,500.
  468         (d)For more than 100 parcels, $2,500.
  469         (8)(3) The authority to charge a fee for the preparation
  470  and delivery of the estoppel certificate must shall be
  471  established by a written resolution adopted by the board or
  472  provided by a written management, bookkeeping, or maintenance
  473  contract and is payable upon the preparation of the certificate.
  474  If the certificate is requested in conjunction with the sale or
  475  mortgage of a parcel but the closing does not occur and no later
  476  than 30 days after the closing date for which the certificate
  477  was sought the preparer receives a written request, accompanied
  478  by reasonable documentation, that the sale did not occur from a
  479  payor that is not the parcel owner, the fee shall be refunded to
  480  that payor within 30 days after receipt of the request. The
  481  refund is the obligation of the parcel owner, and the
  482  association may collect it from that owner in the same manner as
  483  an assessment as provided in this section. The right to
  484  reimbursement may not be waived or modified by any contract or
  485  agreement. The prevailing party in any action brought to enforce
  486  a right of reimbursement shall be awarded damages and all
  487  applicable attorney fees and costs.
  488         (9) The fees specified in this section shall be adjusted
  489  every 5 years in an amount equal to the total of the annual
  490  increases for that 5-year period in the Consumer Price Index for
  491  All Urban Consumers, U.S. City Average, All Items. The
  492  Department of Business and Professional Regulation shall
  493  periodically calculate the fees, rounded to the nearest dollar,
  494  and publish the amounts, as adjusted, on its website.
  495         Section 4. This act shall take effect July 1, 2017.
  496  
  497  ================= T I T L E  A M E N D M E N T ================
  498  And the title is amended as follows:
  499         Delete everything before the enacting clause
  500  and insert:
  501                        A bill to be entitled                      
  502         An act relating to estoppel certificates; amending ss.
  503         718.116, 719.108, and 720.30851, F.S.; revising
  504         requirements relating to the issuance of an estoppel
  505         certificate to specified persons; requiring a
  506         condominium, cooperative, or homeowners’ association
  507         to designate a street or e-mail address on its website
  508         for estoppel certificate requests; specifying delivery
  509         requirements for an estoppel certificate; authorizing
  510         an estoppel certificate to be completed by specified
  511         persons; requiring that an estoppel certificate
  512         contain certain information; providing an effective
  513         period for an estoppel certificate based upon the date
  514         of issuance and form of delivery; prohibiting an
  515         association from charging a preparation and delivery
  516         fee or making certain claims if it fails to deliver an
  517         estoppel certificate within certain timeframes;
  518         revising fee requirements for preparing and delivering
  519         an estoppel certificate under various circumstances;
  520         authorizing the statement of moneys due to be
  521         delivered in one or more estoppel certificates under
  522         certain circumstances; providing limits on a total fee
  523         charged for the preparation and delivery of estoppel
  524         certificates; requiring that the authority to charge a
  525         fee for the preparation and delivery of estoppel
  526         certificates be established by a specified written
  527         resolution or provided by a certain type of contract;
  528         providing that the right to reimbursement may not be
  529         waived or modified by a contract or agreement;
  530         requiring that the prevailing party in an action to
  531         enforce a right to reimbursement be awarded certain
  532         damages, fees, and costs; requiring that certain fees
  533         be adjusted every certain number of years using a
  534         specified price index; requiring the Department of
  535         Business and Professional Regulation to periodically
  536         calculate the fees and publish the amounts on its
  537         website, subject to certain requirements; conforming
  538         provisions to changes made by the act; providing an
  539         effective date.