The 2025 Florida Legislative Session began on March 4 and brought important changes for community associations. Many bills focused on safety, governance and financial responsibility as a continuation of the state’s response to the 2021 Champlain Towers South tragedy.
One major development during the 2025 Legislative Session was House Bill 913, also known as the “Condominium and Cooperative Bill,” which was signed into law and took effect on July 1, 2025. Spanning 191 pages, it introduces significant updates to the Condominium Act, including changes to governance, financial reporting and maintenance responsibilities.
To help our clients stay informed and compliant, our firm has created a full summary of HB 913’s key provisions, along with brief highlights of other impactful bills passed this session. Read on below for many of the highlights. You can also download our full legal update with even more details here, Spanish (Español) download here.
New Conflict of Interest Rules for CAMs in Florida (s.468.432, s. 468.4335, s. 468.436)
Recent legislative updates have introduced stricter rules for Community Association Managers (CAMs) and management firms in Florida. These changes aim to increase transparency, accountability and ethical practices in HOA and condo association management. Here’s a quick breakdown of the key updates:
- CAMs with revoked licenses are banned from association management roles for 10 years.
- CAMs/firms are prohibited from knowingly performing illegal acts.
- Tighter conflict of interest rules; mandatory disclosure of financial ties.
- Contracts with conflicts must now be disclosed in meeting notices.
- Boards can terminate contracts if CAM licenses are suspended or revoked.
- CAMs/firms must update licensure accounts with employment and onsite community details.
Milestone Inspections (s.553.899) and Structural Integrity Reserve Studies (SIRS) (s.718.112(2)(g))
- Applies to buildings with “habitable stories.”
- Bidders on inspections must disclose ownership/relationships with repair firms.
- Local agencies must report inspection status and unsafe buildings by Dec. 31, 2025.
- SIRS studies must now be done by licensed professionals and include detailed funding plans.
- Initial SIRS deadline extended to Dec. 31, 2025; updates required with budget changes.
Operations and Meetings
- Boards may meet in person or via video conference with a quorum physically present.
- Video meetings must be recorded and accessible as official records.
- Financial records (including video recordings, ledgers and affidavits) must be retained and posted within 30 days.
- New meeting notice requirements for virtual platforms include hyperlinks and physical locations.
Budgets, Reserves and Financial Reporting
- Reserve threshold raised to $25,000 (adjusted annually for inflation).
- Expanded investment options for association funds, no owner vote needed.
- Reserve pooling allowed for SIRS items; updated SIRS needed before resuming paused funding.
- Financial reporting deadline extended to 180 days after fiscal year-end.
- Email delivery of financials and affidavit proof of compliance now required.
Insurance (s.718.111 (11)) and Hurricane Protection (s.718.113(5)(d))
- Adequate property insurance is now defined by an independent appraisal.
- Appraisals must occur every 3 years.
- Boards are responsible for hurricane protection costs if not stated in the governing documents.
Electronic Voting (s.718.128)
- 25% petition triggers mandatory board meeting to adopt e-voting.
- Designated email required for electronic ballots if no formal system is in place.
- E-ballots must include a waiver of secrecy and be submitted before the vote.
Division Authority (s.718.501) and Condo-Specific Oversight
- Division gains more oversight, including SIRS, insurance compliance and financial disclosures.
- Associations must create an online account with the Division by Oct. 1, 2025, and provide updates annually.
Contact Our Legal Team with Questions
Florida’s HB 913 imposes new responsibilities on association boards and CAMs, especially around financial oversight, transparency and building maintenance. Now is the time to review your contracts, reserve plans, inspection timelines and recordkeeping practices to ensure compliance before the 2025 effective date.
If you need help preparing your association for these changes, contact our team at Dania Fernandez and Associates, P.A. today.
