Two Fla. Laws Affecting RE Go into Effect Oct. 1
HB 919 contains new rules that impact homeowners associations to boost transparency. SB 170 gives businesses new rights if a local ordinance impacts them.
TALLAHASSEE, Fla. – New Florida laws often go into effect on July 1, Oct. 1 and Jan. 1 of the following year. This October, a number of new laws go into effect, with two specifically impacting the real estate industry:
HOA transparency and accountability: House Bill 919 contains measures that help improve the transparency and accountability of homeowners associations (HOAs). The bill creates an HOA Bill of Rights, provisions to reign in kickbacks, fraudulent voting activities and conflicts of interest.
HB 919 also allows for the removal of officers and directors under certain circumstances, and it prevents fines from becoming a lien against homeowners.
Tools to fight harmful regulations: Local governments routinely pass ordinances that directly and indirectly impact local businesses. Many of these local ordinances often have unintended consequences felt throughout the business community.
Senate Bill 170 requires local governments to show the impact of a new ordinance on businesses and suspend enforcement of an ordinance being challenged in court.
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