Does the below new Florida law as of July 1, 2013 apply to HOA's & Developers & developments that are in existence before this law was passed. The development is still in the process of being build out, 450 homes have been completed or sold out of a total of 1150 total homes when completed or finish or build out. Would you consider this as a procedural change or a contract change of the law. I recently read a Florida Supreme Court Ruling on this, I think it said something like this. I have to go back and find it to read again. I believe it said that when new laws are put into place regarding HOA's & Condo's, if the changes are procedural they would apply, if not they do not apply. SEE NEW LAW BELOW..... For HOA under Florida Statute 720. New law as July 1, 2013..... For Florida HOA. Members other than the developer are entitled to Elect at Least One Director if 50% of the parcels in all phases of the community which will ultimately be operated by the association have been conveyed to members (the same provision as contained in the condominium statutes). (§ 5, CS/HB 7119)
