FL S1274

Removes prohibition on associations hiring attorneys who represent the management company, and revises recordkeeping requirements to eliminate specific retention periods for most records while permanently maintaining foundational documents (declaration, bylaws, articles of incorporation).

Allows associations to adopt rules for posting meeting notices on websites and expands online document posting requirements; limits association liability for inadvertent disclosure of protected information and provides that failure to post information does not invalidate board actions.

Increases board term limits from 4 consecutive 2-year terms to 8 consecutive years; establishes requirements for board recall procedures with provisions for attorney fees recovery if a recall challenge is successful.

Revises reserve account requirements for homeowners associations to mandate reserves for items exceeding $25,000-$100,000 in deferred maintenance expenses using pooled analysis or straight-line accounting methods, and requires special meetings if annual budget assessments exceed 115 percent of prior year.

Prohibits board members from voting via email, eliminates write-in nominations in uncontested elections, clarifies conflict of interest disclosure procedures, and increases fine payment deadlines and committee requirements for disciplinary actions.