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Bill > H0979


FL H0979

FL H0979
Estoppel Certificates


summary

Introduced
12/20/2023
In Committee
02/22/2024
Crossed Over
Passed
Dead
03/08/2024

Introduced Session

2024 Regular Session

Bill Summary

An act relating to estoppel certificates; amending s. 468.436, F.S.; making a technical change; amending ss. 718.116, 719.108, and 720.30851, F.S.; requiring a community association to annually establish the authority to charge a fee for the preparation and delivery of an estoppel certificate; prohibiting an association from directly or indirectly charging fees that are not authorized by law for an estoppel certificate; specifying methods for paying the fee for the preparation and delivery of an estoppel certificate under certain circumstances; providing an effective date.

AI Summary

This bill amends Florida statutes related to estoppel certificates issued by community associations. It requires associations to annually establish the authority to charge a fee for preparing and delivering an estoppel certificate, and prohibits associations from charging any unauthorized fees for the certificate. The bill also specifies that the fee for an estoppel certificate requested for a property sale or refinancing must be paid from the closing or settlement proceeds, and if the closing does not occur, the fee is payable by the unit owner. The bill takes effect on July 1, 2024.

Committee Categories

Justice

Sponsors (4)

Other Sponsors (2)

Civil Justice Subcommittee (House), Judiciary Committee (House)

Last Action

Laid on Table (on 03/05/2024)

bill text


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