S250    GENERAL BILL by Senator Posey
Condominiums/Maintenance Fees; requires developers to pay monthly maintenance fees on unsold condominium units that are rented. 

EFFECTIVE DATE: 07/01/2007.
12/14/06 SENATE Filed

24-317-07

1 A bill to be entitled

2 An act relating to condominiums; requiring 

3 developers to pay monthly maintenance fees on 

4 unsold condominium units that are rented;

5 providing an effective date.

6 

7 Be It Enacted by the Legislature of the State of Florida:

8 

9 Section 1. Notwithstanding any provision to the

10 contrary contained in a declaration of condominium,

11 condominium by-laws, or other document, a condominium

12 developer who rents or leases any unsold units in a

13 condominium must pay all monthly maintenance fees on those

14 units to the association as if the units were owned by

15 individual owners.

16 Section 2. This act shall take effect July 1, 2007.

17

18 *****************************************

19 SENATE SUMMARY

20 Requires condominium developers to pay monthly 

      maintenance fees on unsold units that are rented. 

21 

22 

23 

24 

25 

26 

27 

28 

29 

30 

31 

Page 1

CODING: Words stricken are deleted; words underlined are additions