FL H1573

Establishes definitions for "designated resident representative" (elected by residents' council to represent residents on fee and service changes) and "residents' council" (organized body representing resident population)

Modifies expansion application review timeline from 30 to 45 days and revises conditions for releasing escrowed funds, requiring 75% reservation deposits or 50% full payments for unit sales

Requires providers to notify residents' councils of examination reports and management changes within specified timeframes and establishes designated resident representatives to attend governing body meetings on budget and fee matters

Revises debt service reserve withdrawal procedures to require 10 days advance notice to the Office of Insurance Regulation with detailed affidavits and replenishment plans

Allows forfeiture penalties to be deducted from resident refunds only if no extenuating circumstances exist (death, illness, chronic/terminal diagnosis, or financial hardship)