Jun 6, 2024 - News

Reining in HOAs

Photo illustration of Florida Governor Ron DeSantis with lines radiating from him.

Illustration: Brendan Lynch/Axios. Photo: Joe Raedle/Getty Images

Gov. Ron DeSantis signed a bill into law that limits the reasons a homeowners' association (HOA) in Florida can fine its members.

Why it matters: Around 45% of homes in Florida are part of an HOA, which oversees property appearance, parking, noise and more in a neighborhood. Membership is often a condition of home ownership.

Between the lines: The law sets new limits on what an association can demand of its members, curbs excessive fines and makes records more accessible to the public.

  • It's one of several laws passed this year to ease the burden these associations place on homeowners and eliminate some HOA restrictions on things like hurricane protection products.

Zoom in: The law bans HOAs from fining residents for leaving garbage cans out within 24 hours of trash collection or for keeping holiday decor up without first notifying the agency, giving residents a week to remove it.

  • Associations can no longer restrict where residents can park a personal vehicle as long as it complies with state, county and municipal regulations.
  • The law requires HOAs to keep official records like bylaws and meeting minutes for at least seven years and make them available to residents within 10 days of a written request.
  • HOA officers, directors and managers who accept bribes can now face criminal prosecution and removal from office.

What's next: The law goes into effect July 1.

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