Requires certain community associations to contract with a licensed community association management firm.

This bill amends Florida Statutes to require community associations with total annual revenues of $500,000 or more to contract with a community association management firm. The management firm must hold all applicable licenses. Board members, officers, and directors have a duty to ensure the firm is properly licensed before entering into a contract. The bill also mandates that associations operating a multicondominium must contract with a community association management firm, which must also hold all applicable licenses. The bill takes effect January 1, 2027.

Requires certain community associations to contract with a licensed community association management firm.

This bill amends Florida Statutes to require community associations with total annual revenues of $500,000 or more to contract with a community association management firm. The management firm must hold all applicable licenses. Board members, officers, and directors have a duty to ensure the firm is properly licensed before entering into a contract. The bill also mandates that associations operating a multicondominium must contract with a community association management firm, which must also hold all applicable licenses. The bill takes effect January 1, 2027.