We’re 8 days into Q3. June is over … and summer is flying by. So I hate to say this but January 1 will be here before we know it. For Florida-based HOAs, COAs, and PMCs, this also means it’s time to get compliant with HB 841.
HB 841 states that multi-condominium associations with 150 or more units do not need to comply with the mandatory website requirement unless at least one of the condominiums operated by the association contains 150 or more units. It also means condominiums must create a website and post digital copies of most of its official records on its website, and in some cases summaries of certain documents. (To read a summary of the bill, click here), all by January 1, 2019.
Here are a few reasons why you should get started setting up your site now:
Other provisions of the law state:
A list of all bids in excess of $500 received by the association for materials, equipment or services within the past year must now be posted on the website if a website is required. Additionally, the “monthly income or expense statement” must be posted.
A unit owner is allowed to install an electric vehicle charging station within the boundaries of the unit owner’s limited common element, with conditions.
COAs are required to maintain for seven years instead of one year, the minutes of meetings and accounting records.
“Make sure you are setup ahead of time to beat the impending rush, and truly enjoy the experience of having an online resident engagement platform,” said Shaun Rogers, FRONTSTEPS Account Executive.
Need more information about how FRONTSTEPS can help you work more efficiently and ultimately build a more connected community? Download our white paper today.