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ARTICLE · 27 MAY 2008

Amendments To Florida Condominium Act

Duane Morris LLP
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On May 1, 2008, Florida Governor Crist signed House Bill 995. House Bill 995, which takes effect on October 1, 2008, amends various provisions of Chapter 718 of the Florida Statutes, the Florida Condominium Act.

United StatesReal Estate and Construction
Duane Morris
Duane Morris
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On May 1, 2008, Florida Governor Crist signed House Bill 995. House Bill 995, which takes effect on October 1, 2008, amends various provisions of Chapter 718 of the Florida Statutes, the Florida Condominium Act. The following is a brief summary of amendments included in House Bill 995:

  • Section 718.111 (The Association):

    • Subsection (1)(d): New standards of conduct for officers, directors and agents of condominium associations and personal liability for monetary damages in the event of a breach or failure to perform per such standards.

    • Subsection (12) (Official Records): Any person who knowingly or intentionally defaces, destroys, or fails to create or maintain required accounting records is personally subject to a civil penalty. In addition, official records of the association

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