Florida Home Associations to Face More Scrutiny

Residents across the state have been complaining about their homeowner associations (aka gestapo run associations), and Senator Alan Hays has been paying attention! According to an article by Kimberly Miller in the Palm Beach Post, Sen. Alan Hays, R-Umatilla, said “he is sponsoring the bill (SB 1348), because his office receives numerous calls from homeowners with complaints about their association but with few places to turn for help. Hays also sponsored last year’s legislation that required the census.” Hays’ bill says it will ensure associations comply with federal and state laws and local ordinances as well as “conform to a system of checks and balances in order to prevent abuses by (governing boards).”

What this means to you, if you live in a community run by homeowner associations (more than 2.5 million Florida homes are in HOA managed communities), is that you will pay an annual fee of $4 should this bill pass. 

Currently the Department of Business and Professional Regulation handles the Division of Florida Condominiums, Timeshares and Mobile Homes; thus the proposal seeks to rename the division. It’s purpose is to give the division the authority to investigate complaints and to push for compliance with respect to HOAs.

Needless to say, HOAs are up in arms, and are having their attorneys shoot off letters to Florida lawmakers opposing the fee and proposal. For more on this topic, be sure to read the original article in its entirety.

Personally, I think more regulation and transparency is absolutely warranted, and for those in the real estate industry, I urge you to pay close attention to this bill. I know I will!

 

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