Chapter 720
2024 Florida Statutes Chapter 720 pertaining to HOAs with more than 100 parcels
As per the 2024 Florida Statutes Chapter 720, HOAs with more than 100 parcels must post all of their rules, convenents, budgets and related documents on their websites as of Jan. 1, 2025
As separate entities from Cypress Lakes Masters, Plats with more than 100 homes must abide by the new statutes. Accordingly, each Plat with more than 100 homes will have its own member-only page under the Plat Management tab, or their own website, with downloadable files pertaining to Rules and Regulations, Amendments, Insurances, Contracts, Legal Documents, etc. Specific members-only Plat residents and homeowners can access via the tabs under Plat Management or buttons below.
As per Chapter 720: The website must contain digital copies of the association's specified official records, including:
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• Governing Documents: Recorded declarations of covenants, bylaws, articles of incorporation, and rules/regulations (along with any amendments).
• Financial & Corporate Records: The annual budget, financial reports, and current insurance policies.
• Contracts & Bids: Copies of executory contracts or bids for work and materials, including bid summaries exceeding $500 for a duration of one year.
• Meeting Information: Meeting notices, agendas (with unit owner meeting notices posted at least 14 days prior), approved meeting minutes, and relevant board documentation.
• Certifications & Disclosures: Director education/certification documents and conflict-of-interest disclosure records.
• Management & Contact Info: Contact information for the association or its designated manager, including operating hours and duties, with updates posted within 14 business days of any changes.
Click button below to view webpage for Florida Statutes, Chapter 720, Homeowners' Association
FLORIDA STATUTES CHAPTER 720
HOMEOWNERS’ ASSOCIATIONS