Community Associations; Provides requirements for terminating dissolved HOA governing documents; provides requirements relating to easements of dissolved HOA; provides retroactive applicability; requires condominium & homeowners' associations to include specified statement in their governing documents or to hold meeting by date certain to vote to amend governing documents to include such statement; provides disclosure requirements for conflicts of interest; removes presuit mediation requirements; requires that specified arbitrators conduct arbitration proceedings; authorizes HOA's to be terminated; provides requirements for termination of HOA; provides duties & responsibilities of HOA board, & termination trustee; provides for distribution of HOA assets & paying lawful debts after termination; authorizes circuit court to create & administer community association court program; provides duties of chief judge; provides jurisdiction of community association court program; authorizes community association court program to take certain actions; requires each judicial circuit to submit to Legislature specified report annually by specified date; provides duties of OSCA; provides for funding & additional judges.

 

Effective Date: July 1, 2026     
 

History: