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FL S0872
Bill
AI Summary
- Reduces the maximum aggregate fine a Florida homeowners' association (HOA) may levy for continuing violations from $1,000 to $500, unless the governing documents provide otherwise
- Individual fines remain capped at $100 per violation per day for failure to comply with the declaration, bylaws, or reasonable association rules
- Lowers the lien threshold so that fines under $500 (previously $1,000) may not become a lien against a parcel
- Sponsored by Senator Torres and amends Section 720.305, Florida Statutes
- Effective date of July 1, 2023
Legislative Description
Fines Levied by Homeowners' Associations
Last Action
Died in Regulated Industries
5/5/2023
Full Bill Text
No bill text available