FL S1458

Extends the lookback period for unpaid condominium assessments owed by mortgagees who acquire title through foreclosure from 12 months to 24 months immediately preceding acquisition of title.

Increases the cap on liability for unpaid assessments from one percent to three percent of the original mortgage debt for first mortgagees and successors acquiring title through foreclosure or deed in lieu of foreclosure.

Clarifies that associations acquiring title through foreclosure of their own assessment liens are not liable for unpaid assessments or fees owed to other superior lien holders.

Effective July 1, 2014.