Condo - Condominium Act Chapter 718 Florida Statutes

1. General Provisions: Definitions and guiding principles related to condominiums.


2. Administration of the Condominium Act:


  • Creation, alteration, and termination of condominiums.
  • Role and requirements for the Division of Florida Condominiums, Timeshares, and Mobile Homes.


3. Rights and Obligations of Developers:


  • Rules on selling, leasing, and management.
  • Limitations on developer control.
  • Obligations for repair and warranties.


4. Rights and Obligations of Unit Owners:


  • Rules for using the condominium property.
  • Maintenance responsibilities.
  • Alterations to the unit.


5. Association Governance:


  • Formation and powers of the association.
  • Board meetings, quorums, voting, and election procedures.
  • Financial operations, budgeting, and assessments.
  • Official records and access to those records.


6. Regulation by Division:


  • Provides for oversight by the Division of Florida Condominiums, Timeshares, and Mobile Homes.
  • Allows for penalties for violations of the Act.


7. Special Types of Condominiums: Provides rules for timeshares, commercial and industrial condominiums, and others.


8. Termination of Condominium:


  • Procedures and requirements for termination.
  • Protection for owners in the event of a termination.


9. Amendments to the Act: Describes how the Act can be updated or modified.



10. Miscellaneous: Other provisions not classified elsewhere, including insurance, warranties, and the role of the Ombudsman.


For more info visit Condo - Condominium Act, Chapter 718, Florida Statutes