Title: Homeowners' Associations Database

Summary: Requiring the Department of Business and Professional Regulation to establish a searchable database by a specified date which contains specified information regarding each homeowners' association in the state; requiring a homeowners' association to notify the department of any changes to the information listed in the database, etc.

Full Text:
An act relating to a homeowners  associations database; creating s. 720.319, F.S.; requiring the Department of Business and Professional Regulation to establish a searchable database by a specified date which contains specified information regarding each homeowners  association in the state; requiring a homeowners  association to notify the department of any changes to the information listed in the database; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1. Section 720.319, Florida Statutes, is created to read: 720.319   Database for homeowners  association information.  (1)   By July 1, 2025, the department shall establish a searchable database that contains information regarding each association operating within the state. The database must be accessible on the association s webpage. The database must allow a user to search the name by which a community is identified to find the association that governs such community. At a minimum, the database must include all of the following information for each association: (a)   The names, e-mail addresses, and other contact information of the officers and directors of the association. (b)   An indication that the association is self-managed, or, if not, the contact information for the person licensed under part VIII of chapter who is responsible for the management of the association. (c)   A copy of the association s governing documents, including, but not limited to, declarations, bylaws, rules, and any amendments thereto. (d)   A copy of the association s most recently adopted annual budget, in a uniform format, which includes the amount and purpose of any monthly assessments and any current or pending special assessments levied by the association. (e)   A copy of any studies regarding funds in reserve accounts held by the association or any reports regarding the physical inspection, including any engineering studies, of properties maintained by the association. (2)   An association must notify the department of any changes to the information listed in the database within days after such changes take effect. Section 2. This act shall take effect July 1, 2024.