Reso 2024-3630 - Laserfiche WebLink

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BILL: CS/SB 1178 Meetings of the Board of Administration — Condominiums Present Situation Page 24 Section 718.112(2)(c), F.S., requires that all meetings of the board in which a quorum is present to be open to all unit owners. Chapter 718, F.S., provides notice requirements for meetings of the board,62 but does not mandate the frequency of such meetings. If the board considers any special or regular assessment against unit owners, the notice for the meeting must specifically state that the assessments will be considered and provide the estimated cost and description of the purposes for such assessments. Effect of Proposed Changes The bill amends s. 718.112(2)(c), F.S., to: • Require condominium associations of 10 or more units to meet at least once each quarter for the purpose of responding to inquiries from members and informing members on the state of the condominium, including the status of any construction or repair projects, the status of the association's revenue and expenditures during the fiscal year, or other issues affecting the association; and Require associations to include a copy of the proposed contract in the notice of a board meeting, or provide electronic access to the contract on the association's website or through an application on a mobile device, if the notice for a board meeting relates to the approval of a contract. Director and Officer Education — Condominiums Present Situation Section 718.112(2)(d)4.b., F.S., provides education or certification requirements for newly elected or appointed members of the board.63 Within 90 days after being elected or appointed, a new board member for a condominium, cooperative, and homeowners' association must certify that he or she: • Has read the declaration of condominium for all condominiums operated by the association and the declaration of condominium, articles of incorporation, bylaws, and current written policies; • Will work to uphold such documents and policies to the best of his or her ability; and • Will faithfully discharge his or her fiduciary responsibility to the association's members. As an alternative to a written certification, the newly elected or appointed director may submit a certificate of satisfactory completion of the educational curriculum within one year before the election or 90 days after the election or appointment.64 The curriculum must be administered by a bz Section 718.112(2)(c), F.S. 63 Sections 719.106(1)(d)b. and 720.720.303(1)(a), F.S., provide comparable post-election certification requirements for newly elected cooperative and homeowners' association board members, respectively. 6' The division's Internet site provides a listing of approved educational providers for the certification of board members. See Department of Business and Professional Regulation, Condominium & Cooperatives — Education, available at: http://www.mvfloridalicense.com/DBPR/condominiums-and-cooperatives/education/ (last visited Jan. 13, 2024). 334