FL H0973

Declares compelling state interest in enabling property owners to voluntarily finance improvements to real property damaged by ground subsidence, including sinkhole activity, with local government assistance.

Expands definition of "qualifying improvement" to include stabilization or other repairs to real property damaged by subsidence, with such repairs deemed affixed to buildings or facilities.

Revises property sale disclosure statement to include assessment for qualifying improvements relating to stabilization or repair of subsidence-damaged real property.

Expands definition of "blighted area" to include substantial number or percentage of properties damaged by subsidence that are not adequately repaired or stabilized.

Prohibits community redevelopment agencies established based on subsidence damage from paying attorney fees or public adjuster fees in connection with subsidence loss to homeowners, claimants, or insureds.