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Florida House Bill 1203
What is Florida House Bill 1203?
Florida House Bill 1203 was signed into law by Governor Ron DeSantis and became effective on July 1, 2024. The bill changed the professional standards by which homeowners associations (HOAs) throughout the state must operate. Many of the bill’s provisions limit an HOA’s ability to enforce rules and issue fines for small infractions such as putting up exterior decorations or violating parking restrictions. The bill also limits the amount of interest that can accrue on a resident’s overdue assessment payment. HOAs must also provide more notice for upcoming assessments.
Why is Florida House Bill 1203 important for HOAs?
The new bill works to protect homeowners’ rights and create more transparency between HOAs and residents of managed communities. This has a major impact on the way an HOA manages day-to-day operations and engages with the community.
HOA must now do the following:
- Provide online access to crucial community policies and documents
- Make electronic voting available to residents
- Allow residents to park personal or work vehicles in their driveways without violations
- Give residents a two-week notice before issuing assessments
- Avoid issuing excessive fines and set clear standards for financial penalties
Adhering to these laws ensures an HOA stays compliant. The bill also promotes transparency and trust throughout the community.
How can you use “Florida House Bill 1203” in a sentence?
The new community standards created by Florida House Bill 1203 made life much easier for Florida HOA residents.