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FL S0832

Bill

Status

Introduced

2/7/2011

Primary Sponsor

Mike Fasano

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Requires the Division of Florida Condominiums, Timeshares, and Mobile Homes to provide notice to homeowners' associations before approving proposed amendments to a prospectus or offering circular.

  • Mandates park owners furnish prospective lessees with a mobile home expense disclosure document containing past, present, and estimated future lease year amounts along with factors affecting rent variations such as lot location or size.

  • Defines the market area or competitive area for comparable mobile home parks as the county where the subject park is located plus any contiguous counties.

  • Designates the prospectus, offering circular, and mobile home expense disclosure document as disclosure documents intended to protect homeowners and prospective homeowners.

  • Takes effect July 1, 2011.

Legislative Description

Mobile Home Park Lot Tenancies

Last Action

Indefinitely postponed and withdrawn from consideration

5/7/2011

Committee Referrals

Regulated Industries2/17/2011

Full Bill Text

No bill text available