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FL S0756

Bill

Status

Introduced

12/6/2023

Primary Sponsor

Rules

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Grants timeshare condominium and cooperative boards the power to make material alterations, substantial additions, and facility deletions without owner association member approval, provided facility deletions are approved by a two-thirds vote of the board and are consistent with fiduciary duties

  • Gives timeshare managing entities or managers all rights and remedies of public lodging or food service establishment operators, including the authority to have law enforcement arrest or remove purchasers, deeded owners, guests, or invitees who engage in prohibited conduct or violate the timeshare instrument

  • Requires managing entities of timeshare condominiums or cooperatives to provide a specific assessment certificate under s. 721.15 in lieu of the estoppel certificate otherwise required under condominium (s. 718.116(8)) or cooperative (s. 719.108(6)) law

  • Transfers the authority to appoint commissioners of deeds from the Governor to the Secretary of State for acknowledgments or proofs taken outside Florida but within the United States, within foreign countries, or in connection with timeshare-related instruments

  • Effective date of July 1, 2024

Legislative Description

Timeshare Properties

Last Action

Laid on Table, refer to CS/HB 429

2/21/2024

Committee Referrals

Rules1/30/2024
Judiciary1/16/2024

Full Bill Text

No bill text available