Florida Condo Owners Empowered by Gov. DeSantis in New Law That Takes on HOA Fees

Big Win for Florida Condo Owners: HOA Reform is Here

If you’ve been feeling the squeeze of rising condo fees in Pembroke Pines, some relief is finally on the way.

Governor Ron DeSantis just signed HB 913, a sweeping new law aimed at protecting condo owners by curbing runaway HOA costs, tightening oversight, and making condo boards more accountable.

The bill, effective July 1, responds directly to the financial stress many homeowners have faced in the wake of stricter post Surfside safety regulations.

Read the article here:
👉 Read the Realtor.com article here

Financial Relief, Oversight and Owner Empowerment

• Here’s a breakdown of the key reforms in the new condo law:

  • HOA Fee Relief: Associations can pause reserve contributions for two years and delay the next reserve study by one year, easing pressure from sudden fee hikes.

  • Repair Prioritization: The threshold for required repair reserves is raised from $10K to $25K, focusing funds on critical structural needs.

  • Flexible Funding: Associations now have alternative paths to meet reserve requirements, especially for components with remaining useful life.

  • More Accountability: Boards can now cancel contracts with managers who violate condo laws. Banned managers face a 10 year ban from re licensure.

  • Greater Transparency: Associations must disclose conflicts of interest, open up bidding for repair contracts, and provide digital access to records.

  • Increased Owner Access: Owners get online access to financials, extended buyer review time (3 to 7 days), and can participate in meetings and voting electronically.

  • Improved Oversight: Associations must share more property info with state regulators and local governments to ensure compliance and safety.

BACKSTORY:

We first covered HB 913 when it passed the Florida legislature.

Now that it’s officially signed into law and taking effect July 1, the protections and changes we previewed are becoming reality.

Read our original breakdown here: Condo Law Changes Are Coming 

What this means for you in Pembroke Pines:

If you already own a condo, especially in an older building, this law can ease the financial burden you've likely been feeling.

You might see a temporary freeze on reserve payments, giving you room to breathe financially.

You'll also gain better access to records, more say in decisions, and stronger protections against mismanagement, all of which make condo living more transparent and manageable.

If you’re thinking about buying a condo, you now get more time to review financial documents (extended from 3 to 7 days), giving you a clearer picture of the building’s health and costs before you commit.

Plus, with stricter requirements for repairs and funding disclosures, you're less likely to be surprised by sudden special assessments after you move in.

Want the full story?
👉 Read the full Realtor.com article here

Bottom line:

Florida’s new condo law puts more control in the hands of unit owners and delivers overdue financial breathing room.

Whether you already own or are just shopping, this law gives you more control, more clarity, and fewer financial shocks.

July 1 marks a new chapter for condo living, make sure your board’s ready.