FPCA Homeowners Division: Governor Crist Vetoes Condominium Bill
Jun 2, 2009
On Monday, June 1, 2009, Florida Governor Charlie Crist vetoed SB 714 relating to condominiums, which would have repealed certain requirements placed on condominium unit owners, including the mandate to maintain property insurance coverage, and a requirement that a condominium association must be a named insured and loss payee on policies issued to unit owners. SB 714 also would have repealed the provision that a condominium association may purchase property insurance at the expense of a unit owner who does not provide proof of insurance.
Should you have any questions or comments, please contact Colodny Fass.