COMPLIANCE OBLIGATION
Annual budget meeting notice
- Statute
- §718.112(2)(e)
- Notice
- ≥ 14 days prior
- Send by
- Sep 30, 2026
Overdue by 4 days
Florida-only reference · maintained by Revis-1 LLC, operator of HOA Rocket
Florida HOA & condo compliance reference
The pages below are the operational reference HOA Rocket maintains for Florida condominium and HOA boards — every Chapter 718 obligation, every Chapter 720 obligation, HB 913, HB 1021, milestone inspections, fining committees, records requests, statutory disclosure websites, and the comparison matrix against other Florida and national software. Last reviewed 2026-05-20.
We are not your lawyer. Nothing on this page is legal advice.
Statute reference
Chapter 718 + Chapter 720 — the statutes themselves
Section-by-section Florida statute pages with the obligations, deadlines, and statutory penalties. Maintained against flsenate.gov; reviewed monthly.
All statutes index
Every §718 + §720 section we cover, with the citation next to each.
§718.111 — Florida §718.111 — Official records and the statutory website
Florida §718.111 — what records a condo association must keep, how owners request them, the 10-business-day clock, and the §718.111(12)(g) website rule.
§718.112 — 718.112 — Board meetings, notices, elections, and SIRS reserves (2026)
Florida 718.112 explained: 48-hour board notice, 14-day budget notice, election procedures, SIRS reserve requirements, and director delinquency provisions. Updated for HB 1021 and HB 913.
§718.128 — Florida §718.128 — Electronic voting for condominium associations
Florida §718.128 — when a condo association can conduct online votes, the consent and notice requirements, and the recordkeeping the platform must guarantee.
§718.303 — Florida §718.303 — Fines, hearings, and enforcement
Florida §718.303 — the $100/$1,000 fine cap, the 14-day hearing notice, the independent committee, and what fines cannot become a lien.
§718.501 — Florida §718.501 — DBPR Division of Condominiums
Florida §718.501 — the Division’s investigative powers, civil penalty cap, cease-and-desist orders, board removal, and annual filing rules.
§553.899 — Florida §553.899 — Milestone inspections for condo and co-op buildings
Florida §553.899 — which condo and co-op buildings need a milestone inspection, the Phase 1 / Phase 2 scope, who does it, and how the report reaches owners.
Recent bills
HB 913, HB 1021, and the 2026 update
Florida tightened condo and HOA law twice in the last 24 months. The pages below cover what changed, what is now in effect, and what boards owe this fiscal year.
HB 1021 Florida (2024)
Florida HB 1021 (2024) explained — director education, $100 fine cap, fiduciary duties, SIRS reserves, and transparency rules. What your board must do now.
Florida House Bill 913 (2025)
HB 913 (2025) — reserve study rules, milestone inspection refinements, structural integrity reserve studies, and §718 enforcement updates.
Florida condo law in 2026
What is in effect, the 2026 milestone cohort, SIRS impact, and the 2026 legislative tracker.
Condo-law timeline
Chronology of major Florida condo legislation from Surfside through HB 913.
Statute-specific workflows
The obligations boards actually run
Day-to-day boardroom obligations under Chapter 718 + Chapter 720, with the statute citation bound to each workflow.
Records requests
§718.111(12)(c) and §720.303(5)(a) — 10-working-day response, denial-reason citations, statutory damages.
Records retention schedule
Permanent / 15-year / 7-year / 1-year retention tiers under §718.111(12)(b) and §720.303(4).
Fining-committee charter
§720.305(2)(b) and §718.303(3)(b) — three-member rule, no relatives, 14-day hearing notice.
HOA fine cap
$100 per violation, $1,000 aggregate under §720.305(2); governing-document override; condo divergence under §718.303(3).
Condo audit requirements
§718.111(13) revenue tiers — $500K / $300K / $150K — and the 120-day deadline.
The Florida 5-year rule
§95.11(2)(b) statute of limitations, §718.116(5)(b) 1-year condo lien clock, §720.3085 90-day HOA contest window.
Compliance calendar
Every recurring §718 and §720 deadline with the statute next to it.
Software
Choosing condo compliance software for Florida
Definitions, honest comparisons, and a vendor-demo checklist. We disclose that we operate HOA Rocket; competitor claims are sourced from each vendor's public pages on the fetch date.
What is Florida condo compliance software?
The seven Chapter 718 obligations and a vendor-demo checklist.
Best HOA software for Florida boards in 2026
8-tool sourced roundup with Chapter 718 + 720 coverage matrix.
PayHOA alternative for Florida boards
When to switch, when to stack, when to stay.
Is QuickBooks enough for an HOA?
Where QuickBooks ends and the §718 layer begins.
Reference
Glossary, FAQ, and quick reference
Definitions and frequently-asked questions for board members and CAMs.
We are not your lawyer. Nothing on this page is legal advice.
Trademarks. PayHOA, HOA Cloud, Pilera, TownSq, Conduu, HOA Companion, HOA Verified, QuickBooks are owned by their respective companies; references are nominative and imply no endorsement.
Vendor claims are paraphrased from public pages on the dated citation and may change.
See the Florida statute layer in action
A 20-minute walkthrough of how HOA Rocket runs records requests, posts §718.111(12)(g) websites, and clears the §718.112 notice clock.