SB 1942: Condominium and Cooperative Associations
GENERAL BILL by Senator Jason Pizzo
Companion Bill (Similar) : HB 1393
Condominium and Cooperative Associations; Requiring that the Florida Building Code require enhanced waterproofing measures for certain elements of community associations; prohibiting a developer or condominium or cooperative association, respectively, from waiving or reducing the amount of its reserve funds; requiring elected or appointed board members to complete an educational curriculum within a specified time and submit a certificate of completion to the secretary of the association; requiring the board to hire a licensed structural engineer to conduct an annual inspection of association property; revising the documents that must be delivered to a prospective buyer or lessee of a residential unit, etc.
Effective Date: 07/01/2022
Last Action: 01/12/22 -- Referred to Regulated Industries; Community Affairs; Rules