Legislature High impact

S0278 — Estoppel Certificates

Senate Bill 278 passed the Florida Legislature on January 25, 2024, prohibiting indemnification agreements that shield community association managers or management firms from liability for errors or omissions in estoppel certificate preparation, revising disciplinary grounds, and modifying estoppel certificate delivery timelines.

The bill prohibits community associations from entering into agreements that indemnify a community association manager or management firm for errors or omissions in the provision or preparation of an estoppel certificate. The bill revises the grounds for disciplinary action against managers and management firms to include specified violations relating to estoppel certificates. The bill modifies the timeframe in which a community association must provide an estoppel certificate to a requestor.

Community associations, community association managers, and community association management firms.

Passed by the Florida Senate on January 25, 2024, and referred to the House Calendar on March 4, 2024; effective date not yet determined pending House passage.

Affects Florida Statutes chapter(s): 720, 718

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