Bill Text: FL H0713 | 2012 | Regular Session | Introduced
Bill Title: Condominiums
Sponsorship: Partisan Bill (Democrat 1)
Status: (Failed) 2012-03-09 - Died in Civil Justice Subcommittee [H0713 Detail]
Download: Florida-2012-H0713-Introduced.html
| HB 713 |
| 1 | |
| 2 | An act relating to condominiums; amending s. 718.115, |
| 3 | F.S.; prohibiting the share of common expenses of a |
| 4 | unit in a condominium which is in foreclosure from |
| 5 | being assessed against other units in the condominium; |
| 6 | providing an effective date. |
| 7 | |
| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 | |
| 10 | Section 1. Subsection (2) of section 718.115, Florida |
| 11 | Statutes, is amended to read: |
| 12 | 718.115 Common expenses and common surplus.- |
| 13 | (2) Except as otherwise provided by this chapter, funds |
| 14 | for payment of the common expenses of a condominium shall be |
| 15 | collected by assessments against the units in that condominium |
| 16 | in the proportions or percentages provided in that condominium's |
| 17 | declaration. In a residential condominium, or mixed-use |
| 18 | condominium created after January 1, 1996, each unit's share of |
| 19 | the common expenses of the condominium and common surplus of the |
| 20 | condominium shall be the same as the unit's appurtenant |
| 21 | ownership interest in the common elements. The share of the |
| 22 | common expenses of a unit in the condominium which is in |
| 23 | foreclosure may not be assessed against other units in the |
| 24 | condominium. |
| 25 | Section 2. This act shall take effect July 1, 2012. |
| CODING: Words |
