House Bill · Florida · 2024

HB 1021 — Community Association Manager Reform; Condominium Governance and Director Education

Chapter 2024-244, Laws of Florida

Signed Jun 14, 2024
Effective since Jul 1, 2024
Chapter 2024-244
Verified Aug 5, 2026
Source Bill page
Summary

The 2024 condominium-governance reform package. Establishes conflict-of-interest requirements and penalties for community association managers, revises condominium and cooperative provisions covering inspections, reporting, meetings, director education, and governance. Touches 20+ Fla. Stat. sections including §718.103 (definitions), §718.111 (the association), §718.112 (bylaws), §718.113 (maintenance), §718.115 (common expenses), §718.301 (transition), §718.501 (Division authority), and §718.503 (developer disclosure). Effective July 1, 2024.

Bill record last verified August 5, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
Financial risk governance infrastructure for community associations.
Payments and accounting systems that govern how money moves, record every decision, evaluate counterparty risk, and enforce statutory compliance.
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