HenryM4 (Florida)
Posts: 36
Posts: 36
Posted:
Per the 2013 Florida Statutes, Chapter 720 Homeowners' Associations, section 720.3075 - Prohibited clauses in association documents - , paragraph 5, on page 26, it reads
(5) It is declared the public policy of the state that prior to transition of control of a homeowners’
association in a community from the developer to the nondeveloper members, as set forth in s. 720.307, the
right of the developer to amend the association’s governing documents is subject to a test of reasonableness,
which prohibits the developer from unilaterally making amendments to the governing documents that are
arbitrary, capricious, or in bad faith; destroy the general plan of development; prejudice the rights of existing nondeveloper members to use and enjoy the benefits of common property; or materially shift economic burdens from the developer to the existing nondeveloper members.
(5) It is declared the public policy of the state that prior to transition of control of a homeowners’
association in a community from the developer to the nondeveloper members, as set forth in s. 720.307, the
right of the developer to amend the association’s governing documents is subject to a test of reasonableness,
which prohibits the developer from unilaterally making amendments to the governing documents that are
arbitrary, capricious, or in bad faith; destroy the general plan of development; prejudice the rights of existing nondeveloper members to use and enjoy the benefits of common property; or materially shift economic burdens from the developer to the existing nondeveloper members.