Florida S0638 amends condominium association record-keeping requirements and board member turnover procedures.

Florida S0638 amends the requirements for official records maintained by condominium associations, including turnover certificates and annual reports. The bill mandates that associations maintain detailed records such as accounting statements, inspection reports, and board meeting minutes. It also requires the board of administration to file a turnover certificate with the Division of Condominiums within 30 days after the election of a majority of unit owner board members. The Division must maintain a publicly accessible online database of these certificates.

Florida S0638 amends condominium association record-keeping requirements and board member turnover procedures.

Florida S0638 amends the requirements for official records maintained by condominium associations, including turnover certificates and annual reports. The bill mandates that associations maintain detailed records such as accounting statements, inspection reports, and board meeting minutes. It also requires the board of administration to file a turnover certificate with the Division of Condominiums within 30 days after the election of a majority of unit owner board members. The Division must maintain a publicly accessible online database of these certificates.