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HB 841: Community Associations

GENERAL BILL by Moraitis

Community Associations; Revises condominium association recordkeeping & financial reporting requirements; revising provisions related to required association bylaws; authorizes associations to adopt rules for posting certain notices on website; provides responsibilities for owners who receive electronic notices; revises and provides board member recall & challenge requirements; authorizes attorney fees & costs in action to challenge validity of board member recall; removes provision relating to certain contracts or transactions regarding conflicts of interest; provides requirements for proposed activity that is identified as conflict of interest; revises fine & suspension requirements; revises time period for classification as bulk assignee or buyer; revises requirements to serve as board member; prohibits board members from voting via e-mail; provides directors or officers delinquent in payments are deemed to have abandoned office; specifies certain services obtained through bulk contract are common expenses; revises requirements, funding formulas, & exceptions for reserve accounts; provides requirements for special meetings to consider substitute annual budgets; revises election requirements in ch. 720.

Effective Date: 7/1/2018
Last Action: 12/8/2017 House - Referred to Careers and Competition Subcommittee; Civil Justice and Claims Subcommittee; Commerce Committee
Bill Text: PDF



Bill History

Date Chamber Action
11/30/2017 House • Filed
12/8/2017 House • Referred to Careers and Competition Subcommittee; Civil Justice and Claims Subcommittee; Commerce Committee