Bill Summary By
CCFJ Director for Legislative Affairs 
Milena Macias, Esq.

 

ANALYSIS OF BILL SB 1178

LEGISLATIVE SESSION 2024

SB 1178 (SUMMARY): Condominium and Cooperative Associations

We need to support this bill. The bill contains several provisions to help members and owners in mandatory associations bill and mimics HB 1021 filed by Representative Lopez on January 2, 2024.

The bill mandates that association managers and management firms must return official records of an association within a specified period following termination of a contract. The bill also requires that community association managers and management firms disclose conflicts of interest to the associationís board. The bill specifies the responsibility delegation relating to financials and financial reports and for the reporting of investing in such s and In addition, the bill provides for criminal penalties for any officer, director, or manager of an association who unlawfully solicits, offers to accept, including kickbacks.

The bill also amends 718.104, F.S, relating to certain hurricane protection specifications and that the declarations specify the entity responsible for the installation, maintenance, repair, or replacement of such hurricane specifications.

EFFECTIVE JULY 1, 2024


ORIGINALLY  FILED VERSION OF SB 1178

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