Legislative Update: 2016 Session Ends Without Major Changes to Law Governing Condominium, Cooperative and Homeowner Associations

March 16th, 2016

Posted in Business & Corporate Law

This Blog previously made readers aware of pending legislation which would affect condominium, cooperative and homeowner associations in Florida. Such bills included regulation of estoppel certificates provided by management and legal counsel, mandatory websites for condos and HOAs of a certain size, bringing HOAs under the umbrella of the Division of Condominiums, Timeshares, and Mobile Homes, and exempting HOAs from the Marketable Record Title Act (“MRTA”), among other items.

However, on March 11, 2016 the legislative session ended without the passage of any bills substantially related to community associations. Accordingly, no new laws will be going into effect regarding the above issues. As always, associations are urged to contact an experienced community association attorney to discuss how their communities are impacted by existing laws and regulations. In particular, community associations are urged to review their governing documents with experienced counsel to determine what steps may be required to be taken to avoid the extinguishment of their covenants as a result of MRTA.

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