RudyC (Florida)
Posts: 4
Posts: 4
Posted:
Our deed restrictions and HOA are about to expire on 01/01/2020 in the absence of a 75% homeowner vote to continue them. This HOA was formed in 1972 under chapter 617 but was re-stated in 2003. Florida recently passed FS 720.3032 regarding MRTA(712.01 - 712.06) which would require 2/3 of the board to vote to preserve the restrictions and covenants without homeowners approval. Would this override the expiration date of 01/01/2020 and the need for a 75% homeowner vote? Or is this statute just designed to protect from MRTA automatic expiration of restrictions beyond 30 years?