However, many homeowners have experienced issues such as arbitrary fines, excessive restrictions on property appearance, and a lack of transparency.
HB 1203: Homeowners' Bill of Rights
The new legislation, HB 1203, dubbed the Homeowners' Bill of Rights, aims to curb HOA overreach. This law follows recent measures allowing homeowners to reinforce their homes against hurricanes without HOA interference.
New Limitations on HOA Authority
Here are some of the key restrictions now imposed on Florida HOAs:
Fines and Accountability
Significant changes to fines and HOA accountability include:
Training and Conduct for HOA Leaders
HOA directors and managers are now required to undergo training on various aspects of HOA management, including financial literacy and transparency. Soliciting or accepting bribes is classified as a third-degree felony.
Enhanced Management Oversight
HOA managers must attend at least one annual meeting and provide contact information and availability on the HOA’s website. Contracts between HOAs and management firms must be readily accessible to homeowners.
Understanding HOAs
HOAs are organizations within planned communities that enforce rules and collect fees for maintenance. They aim to maintain uniformity in the neighborhood but often face criticism for overreach and lack of transparency.