Florida’s dormitory owners will then be a little easier Chief Ron Dest On Wednesday, he signed a wide law of cooperative conditions.
The HB 913 aims to help cooperative owners fight increasing HoA taxes. With the signature of the governor, he now becomes a law and will take effect on July 1.
After 2021 The collapse of the Champlain Towers South Condo at the Surfside, which killed 98 people over the age of 30 (and three -storey) apartments (and three -storey) entered new safety laws requiring “stage” inspections and reinforced inventory for repair and maintenance.
The HB 913 is designed to help owners with costs without losing security.
“This bill comes from a number of listening owners who talk about how they know that their building must be safe, but declare that the process is right and functioning,” the state. ” Old Jennifer Bradley (R-Fleming Island), which led the effort to deal with the concern of apartment owners, said Bill during discussions. “After each stage of the stage, our home becomes safer, but the financial impact revitalizes.”
April Both the Florida Publisher’s Chamber unanimously voted in favor of the House bill 913, noting the endless complaints about the owners of the cooperative of the cooperative, regardless of despite the despite despite despite despite desisting.
In essence, the draft law would help to set credit lines for the Condominium Associations and to invest funds that would contribute to the repair of the necessary buildings rather than immediately looking for owners for money.
“You had people who would be forced to from their apartments, potential for laws that fell into the pipe,” said he said on May 20. The NBC Miami reported this in the Tampo, with the latest security laws.
(Getty images)
What is HB 913?
The draft law will help to use special estimates, credit lines or loans to finance and connect stock accounts in certain situations in certain situations – to cover the pressure of apartment owners, which suddenly encountered high taxes.
In the 191 page account, there were additional provisions:
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Prohibits the person whose license of the head of the Community Association is lifted indirectly or directly with the employee, the employee, partner, official, director, or trustee, and the community association management company for the period specified.
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The license holder is required to create and maintain an online licensing account with the Business and Vocational Regulatory Department.
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It is required that the Community Association manager determines his online licensing account for certain information.
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The license holder is required to provide specific information about his / her online licensing account.
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Requires that such information be updated within the specified time.
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It is required that the Community Association Management Company in its online licensing account prescribed community association executives, which it uses to provide the community association’s management services.
The draft law aims to ensure transparency and accountability to avoid another collapse of the Surfside Condo.
Owners hope to quickly see relief. A sudden increase in apartment fees has affected the sale of older huts. Homeowners find themselves in the rising Hooas, besides being unable to sell their cooperative.
“Prospective buyers are now more cautious, often demanding structural inspections before buying.” Miltiadis chestnutRealtor.com told Compass Development Marketing Group New Development Sales Director. “This caution has led to buyers to move their interest to newer buildings because older buildings are higher. Newer apartment products are sold at higher prices.”