CS/HB 203: Residential Properties

GENERAL BILL by Representative Wood; Civil Justice Subcommittee

Companion Bill (Similar) :  S 722 -- Senator Stargel

 

Residential Properties; Revises requirements relating to issuance of estoppel certificate to specified persons; requires that estoppel certificate contain certain information; provides effective period for certificate based upon date of issuance & form of delivery; provides that association waives specified claim against person or such person's successors or assigns who rely on certificate in good faith; authorizes summary proceeding to be brought to compel association to prepare or deliver estoppel certificate; specifies maximum amounts association may charge for estoppel certificate; provides for periodic adjustment of maximum amounts; requires DBPR to calculate & publish maximum allowable fees on its website; provides that authority to charge fee for estoppel certificate must be established by specified written resolution or provided by written management, bookkeeping, or maintenance contract.

 

Effective Date: 7/1/2016

Last Action: 11/17/2015 House - Now in Business and Professions Subcommittee


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