reglab/housing_qa huggingface dataset:
FL Stat § 718.614 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VI - Conversions to Condominium (Ss. 718.604-718.622)|718.614 - Economic information to be provided.

718.614 Economic information to be provided.—The developer shall distribute to tenants having a right of first refusal, if any:(1) Information in summary form regarding mortgage financing; estimated down payment; alternative financing and down payments; monthly payments of principal, interest, and real estate taxes; and federal income tax benefits.(2) Any other information which the division publishes and by rule determines will assist tenants in making a decision and which the division makes available to the developer.History.—s. 1, ch. 80-3; s. 10, ch. 85-60; s. 13, ch. 94-350.
FL Stat § 718.62 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VI - Conversions to Condominium (Ss. 718.604-718.622)|718.62 - Prohibition of discrimination against nonpurchasing tenants.

718.62 Prohibition of discrimination against nonpurchasing tenants.—When existing improvements are converted to condominium, tenants who have not purchased a unit in the condominium being created shall, during the remaining term of the rental agreement and any extension thereof, be entitled to the same rights, privileges, and services that were enjoyed by all tenants prior to the date of the written notice of conversion and that are granted, offered, or provided to purchasers.History.—s. 1, ch. 80-3.
FL Stat § 718.621 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VI - Conversions to Condominium (Ss. 718.604-718.622)|718.621 - Rulemaking authority.

718.621 Rulemaking authority.—The division is authorized to adopt rules pursuant to the Administrative Procedure Act to administer and ensure compliance with developers’ obligations with respect to condominium conversions concerning the filing and noticing of intended conversion, rental agreement extensions, rights of first refusal, and disclosure and postpurchase protections.History.—s. 8, ch. 98-195.
FL Stat § 718.622 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VI - Conversions to Condominium (Ss. 718.604-718.622)|718.622 - Saving clause.

718.622 Saving clause.—(1) All notices of intended conversion given subsequent to the effective date of this part shall be subject to the requirements of ss. 718.606, 718.608, and 718.61. Tenants given such notices shall have a right of first refusal as provided by s. 718.612.(2) The disclosure provided by s. 718.616 and required by ss. 718.503 and 718.504 to be furnished to each prospective buyer or lessee for a period of more than 5 years shall be provided to any such person who has not, prior to May 1, 1980, been furnished the documents, prospectus, or offering circular required by ss. 718.503 and 718.504.(3) The provisions of s. 718.618 do not affect a conversion of existing improvements when a developer has filed with the division prior to May 1, 1980, provided:(a) The documents are proper for filing purposes; and(b) The developer, not later than 6 months after such filing:1. Records a declaration for such filing in accordance with part I of this chapter, and2. Gives a notice of intended conversion.History.—s. 13, ch. 80-3.
FL Stat § 718.701 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.701 - Short title.

718.701 Short title.—This part may be cited as the “Distressed Condominium Relief Act.”History.—s. 18, ch. 2010-174.
FL Stat § 718.702 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.702 - Legislative intent.

718.702 Legislative intent.—(1) The Legislature acknowledges the massive downturn in the condominium market which has occurred throughout the state and the impact of such downturn on developers, lenders, unit owners, and condominium associations. Numerous condominium projects have failed or are in the process of failing such that the condominium has a small percentage of third-party unit owners as compared to the unsold inventory of units. As a result of the inability to find purchasers for this inventory of units, which results in part from the devaluing of real estate in this state, developers are unable to satisfy the requirements of their lenders, leading to defaults on mortgages. Consequently, lenders are faced with the task of finding a solution to the problem in order to receive payment for their investments.(2) The Legislature recognizes that all of the factors listed in this section lead to condominiums becoming distressed, resulting in detriment to the unit owners and the condominium association due to the resulting shortage of assessment moneys available for proper maintenance of the condominium. Such shortage and the resulting lack of proper maintenance further erodes property values. The Legislature finds that individuals and entities within this state and in other states have expressed interest in purchasing unsold inventory in one or more condominium projects, but are reticent to do so because of accompanying liabilities inherited from the original developer, which are by definition imputed to the successor purchaser, including a foreclosing mortgagee. This results in the potential successor purchaser having unknown and unquantifiable risks that the potential purchaser is unwilling to accept. As a result, condominium projects stagnate, leaving all parties involved at an impasse and without the ability to find a solution.(3) The Legislature declares that it is the public policy of this state to protect the interests of developers, lenders, unit owners, and condominium associations with regard to distressed condominiums, and that there is a need for relief from certain provisions of the Florida Condominium Act geared toward enabling economic opportunities for successor purchasers, including foreclosing mortgagees. Such relief would benefit existing unit owners and condominium associations. The Legislature further finds and declares that this situation cannot be open-ended without potentially prejudicing the rights of unit owners and condominium associations, and thereby declares that the provisions of this part may be used by purchasers of condominium inventory for only a specific and defined period.History.—s. 18, ch. 2010-174.
FL Stat § 718.703 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.703 - Definitions.

718.703 Definitions.—As used in this part, the term:(1) “Bulk assignee” means a person who is not a bulk buyer and who:(a) Acquires more than seven condominium parcels in a single condominium as set forth in s. 718.707; and(b) Receives an assignment of any of the developer rights, other than or in addition to those rights described in subsection (2), as set forth in the declaration of condominium or this chapter:1. By a written instrument recorded as part of or as an exhibit to the deed;2. By a separate instrument recorded in the public records of the county in which the condominium is located; or3. Pursuant to a final judgment or certificate of title issued in favor of a purchaser at a foreclosure sale.A mortgagee or its assignee may not be deemed a bulk assignee or a developer by reason of the acquisition of condominium units and receipt of an assignment of some or all of a developer’s rights unless the mortgagee or its assignee exercises any of the developer rights other than those described in subsection (2).(2) “Bulk buyer” means a person who acquires more than seven condominium parcels in a single condominium as set forth in s. 718.707, but who does not receive an assignment of any developer rights, or receives only some or all of the following rights:(a) The right to conduct sales, leasing, and marketing activities within the condominium;(b) The right to be exempt from the payment of working capital contributions to the condominium association arising out of, or in connection with, the bulk buyer’s acquisition of the units; and(c) The right to be exempt from any rights of first refusal which may be held by the condominium association and would otherwise be applicable to subsequent transfers of title from the bulk buyer to a third party purchaser concerning one or more units.History.—s. 18, ch. 2010-174; s. 9, ch. 2011-196.
FL Stat § 718.705 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.705 - Board of administration; transfer of control.

718.705 Board of administration; transfer of control.—(1) If, at the time the bulk assignee acquires title to the units and receives an assignment of developer rights, the developer has not relinquished control of the board of administration, for purposes of determining the timing for transfer of control of the board of administration of the association, a condominium parcel acquired by the bulk assignee is not deemed to be conveyed to a purchaser, or owned by an owner other than the developer, until the condominium parcel is conveyed to an owner who is not a bulk assignee.(2) Unless control of the board of administration of the association has already been relinquished pursuant to s. 718.301(1), the bulk assignee must relinquish control of the association pursuant to s. 718.301 and this part, as if the bulk assignee were the developer.(3) If a bulk assignee relinquishes control of the board of administration as set forth in s. 718.301, the bulk assignee must deliver all of those items required by s. 718.301(4). However, the bulk assignee is not required to deliver items and documents not in the possession of the bulk assignee if some items were or should have been in existence before the bulk assignee’s acquisition of the units. In conjunction with the acquisition of units, a bulk assignee shall undertake a good faith effort to obtain the documents and materials that must be provided to the association pursuant to s. 718.301(4). If the bulk assignee is not able to obtain such documents and materials, the bulk assignee must certify in writing to the association the names or descriptions of the documents and materials that were not obtainable by the bulk assignee. Delivery of the certificate relieves the bulk assignee of responsibility for delivering the documents and materials referenced in the certificate as otherwise required under ss. 718.112 and 718.301 and this part. The responsibility of the bulk assignee for the audit required by s. 718.301(4) commences as of the date on which the bulk assignee elected or appointed a majority of the members of the board of administration.(4) If a conflict arises between the provisions or application of this section and s. 718.301, this section prevails.(5) Failure of a bulk assignee or bulk buyer to substantially comply with all the requirements in this part results in the loss of any and all protections or exemptions provided under this part.History.—s. 18, ch. 2010-174; s. 11, ch. 2011-196.
FL Stat § 718.707 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.707 - Time limitation for classification as bulk assignee or bulk buyer.

718.707 Time limitation for classification as bulk assignee or bulk buyer.—A person acquiring condominium parcels may not be classified as a bulk assignee or bulk buyer unless the condominium parcels were acquired on or after July 1, 2010. The date of such acquisition shall be determined by the date of recording a deed or other instrument of conveyance for such parcels in the public records of the county in which the condominium is located, or by the date of issuing a certificate of title in a foreclosure proceeding with respect to such condominium parcels.History.—s. 18, ch. 2010-174; s. 13, ch. 2011-196; s. 36, ch. 2012-61; s. 5, ch. 2014-74; s. 13, ch. 2014-133; s. 11, ch. 2015-97; s. 8, ch. 2018-96.
FL Stat § 718.708 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.708 - Liability of developers and others.

718.708 Liability of developers and others.—An assignment of developer rights to a bulk assignee or bulk buyer does not release the original developer from liabilities under the declaration or this chapter. This part does not limit the liability of the original developer for claims brought by unit owners, bulk assignees, or bulk buyers for violations of this chapter by the original developer, unless specifically excluded in this part. This part does not waive, release, compromise, or limit liability established under this chapter except as specifically excluded under this part.History.—s. 18, ch. 2010-174.
FL Stat § 718.71 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 718 - Condominiums|Part VII - Distressed Condominium Relief (Ss. 718.701-718.71)|718.71 - Financial reporting.

718.71 Financial reporting.—An association shall provide an annual report to the department containing the names of all of the financial institutions with which it maintains accounts, and a copy of such report may be obtained from the department upon written request of any association member.History.—s. 9, ch. 2017-188.
FL Stat § 719.101 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.101 - Short title.

719.101 Short title.—This chapter shall be known and may be cited as the “Cooperative Act.”History.—s. 2, ch. 76-222.
FL Stat § 719.102 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.102 - Purpose.

719.102 Purpose.—The purpose of this chapter is to give statutory recognition to the cooperative form of ownership of real property. It shall not be construed as repealing or amending any law now in effect, except those in conflict herewith, and any such conflicting laws shall be affected only insofar as they apply to cooperatives.History.—s. 2, ch. 76-222.
FL Stat § 719.1035 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.1035 - Creation of cooperatives.

719.1035 Creation of cooperatives.—(1) The date when cooperative existence shall commence is upon commencement of corporate existence of the cooperative association as provided in s. 607.0203. The cooperative documents must be recorded in the county in which the cooperative is located before property may be conveyed or transferred to the cooperative. All persons who have any record interest in any mortgage encumbering the interest in the land being submitted to cooperative ownership must either join in the execution of the cooperative documents or execute, with the requirements for deed, and record, a consent to the cooperative documents or an agreement subordinating their mortgage interest to the cooperative documents. Upon creation of a cooperative, the developer or association shall file the recording information with the division within 30 working days on a form prescribed by the division.(2) All provisions of the cooperative documents are enforceable equitable servitudes, run with the land, and are effective until the cooperative is terminated.History.—s. 11, ch. 86-175; s. 188, ch. 90-179; s. 41, ch. 95-274; s. 9, ch. 98-322; s. 6, ch. 99-382.
FL Stat § 719.105 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.105 - Cooperative parcels; appurtenances; possession and enjoyment.

719.105 Cooperative parcels; appurtenances; possession and enjoyment.—(1) Each cooperative parcel has, as appurtenances thereto:(a) Evidence of membership, ownership of shares, or other interest in the association with the full voting rights appertaining thereto. Such evidence must include a legal description of each dwelling unit and must be recorded in the office of the clerk of the circuit court as required by s. 201.02(3).(b) An undivided share in the assets of the association.(c) The exclusive right to use that portion of the common areas as may be provided by the cooperative documents.(d) An undivided share in the common surplus attributable to the unit.(e) Any other appurtenances provided for in the cooperative documents.(2) Each unit owner is entitled to the exclusive possession of his or her unit. The unit owner is entitled to use the common areas in accordance with the purposes for which they are intended, but no use may hinder or encroach upon the rights of other unit owners.(3) When a unit is leased, the tenant has all use rights in the association property available for use generally by the unit owner and the unit owner does not have such rights except as a guest. This subsection does not interfere with the access rights of the unit owner as a landlord pursuant to chapter 83. The association may adopt rules to prohibit dual usage by a unit owner and a tenant of cooperative property.History.—s. 2, ch. 76-222; s. 13, ch. 86-175; s. 11, ch. 92-32; s. 19, ch. 92-49; s. 876, ch. 97-102.
FL Stat § 719.1064 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.1064 - Failure to fill vacancies on board of administration; appointment of receiver upon petition of unit owner.

719.1064 Failure to fill vacancies on board of administration; appointment of receiver upon petition of unit owner.—If an association fails to fill vacancies on the board of administration sufficient to constitute a quorum in accordance with the bylaws, any unit owner may apply to the circuit court within whose jurisdiction the cooperative lies for the appointment of a receiver to manage the affairs of the association. At least 30 days prior to applying to the circuit court, the unit owner shall mail to the association and post in a conspicuous place on the cooperative property a notice describing the intended action, giving the association the opportunity to fill the vacancies. If during such time the association fails to fill the vacancies, the unit owner may proceed with the petition. If a receiver is appointed, the association shall be responsible for the salary of the receiver, court costs, and attorney’s fees. The receiver shall have all powers and duties of a duly constituted board of administration and shall serve until the association fills vacancies on the board sufficient to constitute a quorum.History.—s. 8, ch. 81-185.
FL Stat § 719.1065 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.1065 - Power of attorney; compliance with chapter.

719.1065 Power of attorney; compliance with chapter.—The use of a power of attorney that affects any aspect of the operation of a cooperative shall be subject to and in compliance with the provisions of this chapter and all cooperative documents, association rules and other rules adopted pursuant to this chapter and all other covenants, conditions, and restrictions in force at the time of the execution of the power of attorney.History.—s. 15, ch. 86-175.
FL Stat § 719.109 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.109 - Right of owners to peaceably assemble.

719.109 Right of owners to peaceably assemble.—(1) All common areas and recreational facilities serving any cooperative shall be available to unit owners in the cooperative or cooperatives served thereby and their invited guests for the use intended for such common areas and recreational facilities. The entity or entities responsible for the operation of the common areas and recreational facilities may adopt reasonable rules and regulations pertaining to the use of such common areas and recreational facilities. No entity or entities shall unreasonably restrict any unit owner’s right to peaceably assemble or right to invite public officers or candidates for public office to appear and speak in common areas and recreational facilities.(2) Any owner prevented from exercising rights guaranteed by subsection (1) may bring an action in the appropriate court of the county in which the alleged infringement occurred, and, upon favorable adjudication, the court shall enjoin the enforcement of any provision contained in any cooperative document or rule which operates to deprive the owner of such rights.History.—s. 2, ch. 77-222; s. 265, ch. 79-400; s. 10, ch. 81-185; s. 18, ch. 86-175.
FL Stat § 719.110 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.110 - Limitation on actions by association.

719.110 Limitation on actions by association.—The statute of limitations for any actions in law or equity which a cooperative association may have shall not begin to run until the unit owners have elected a majority of the members of the board of administration.History.—s. 9, ch. 77-222; s. 266, ch. 79-400; s. 19, ch. 86-175.
FL Stat § 719.111 (2021)
2021 Florida Statutes|Title XL - Real and Personal Property|Chapter 719 - Cooperatives|Part I - General Provisions (Ss. 719.101-719.131)|719.111 - Attorney’s fees.

719.111 Attorney’s fees.—If a contract or lease between a cooperative unit owner or association and a developer contains a provision allowing attorney’s fees to the developer, should any litigation arise under the provisions of the contract or lease, the court shall also allow reasonable attorney’s fees to the unit owner or association when the unit owner or association prevails in any action by or against the unit owner or association with respect to the contract or lease.History.—ss. 10, 11, ch. 78-340; s. 20, ch. 86-175.