Bill > S0638

This bill enhances transparency and record-keeping requirements for condominium associations in Florida by mandating several key changes. Associations will now be required to maintain turnover certificates and annual reports as part of their official records, which must be preserved and accessible. Within 30 days after unit owners elect a majority of board members, the board must file a turnover certificate with the Division of Condominiums, Timeshares, and Mobile Homes, which must include the election date and names and addresses of elected board members. The division will create and maintain a publicly accessible online database of these turnover certificates, allowing anyone to search and view information about condominium associations. The bill also clarifies the statute of limitations for association actions, specifying that certain legal time limits do not begin to run until unit owners have elected a majority of board members, with specific exceptions for actions subject to certain statute of limitations. Additionally, the legislation requires the division to adopt rules prescribing the form and content of turnover certificates and establishes procedures for electronic filing. These changes aim to increase accountability, provide greater transparency, and improve record-keeping practices for condominium associations across the state, with the provisions set to take effect on July 1, 2026.

https://www.flsenate.gov/Session/Bill/2026/638