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FL S0586
Bill
AI Summary
- Amends Florida Statute 718.124 to remove the "statute of repose" from the tolling provision that applies to condominium and cooperative associations
- Retains the existing rule that the statute of limitations for association legal actions does not begin to run until unit owners have elected a majority of the board of administration
- The change means only the statute of limitations (not the statute of repose) is delayed by the unit owner election requirement, effectively allowing the statute of repose to run regardless of board turnover status
- Sponsored by Senator Leek with a proposed effective date of July 1, 2025
Legislative Description
Actions by Condominium Associations
Last Action
Died in Judiciary
6/16/2025
Full Bill Text
No bill text available