FL HOA Exemption Signed by Governor Scott

2013-06-20

Issue Brief

Working with the Real Property, Probate and Trust Section of Florida Bar, CS/CS/CS/HB 73 provides an important statutory exemption for timeshare condominiums. The bill addresses condominium legislation passed in 2010 that inadvertently removed an exemption for timeshare condominiums to certain association board election procedures. 

Impact

The bill provides for a specific exemption for timeshare condominiums relating to the board election process, specifically including voting and ballot requirements, which were intended to apply to whole ownership condominiums only. This change will help save timeshare condominium associations significant time and financial resources that were being spent complying with those election provisions.

Position/Call to Action

Both ARDA and ARDA-ROC supported CS/CS/CS/HB 73 and believe that correcting the problem that was created by the 2010 legislation will save associations time and money in administering the elections process.

Issue Updates

The billed passed the Legislature and has been signed into law by the governor.

Resolution

CS/CS/CSHB 73 took effect July 1, 2013.

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