Relating to fees charged by certain property owners' associations for resale certificates and updates of resale certificates.
HB 2504 caps fees that homeowners' associations (HOAs) can charge for resale certificates and updates when selling property. It limits the fee for preparing and delivering a resale certificate to $375 and for updating it to $75, while prohibiting additional charges for inspections or other related activities. This directly affects homeowners in HOA-managed communities who buy or sell property, as these certificates are required for sales transactions. The bill takes effect September 1, 2025, ensuring standardized, transparent costs for these essential documents.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 17, 2025
Last action May 8, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
3
Committee
4
May 8, 2025
Lower · Passed
Reported favorably w/o amendment(s)
lower
May 7, 2025
Lower · Passed
Left pending in committee
lower
May 7, 2025
Lower · Passed
Testimony taken/registration(s) recorded in committee
lower
Mar 17, 2025
Committee
Referred to Trade, Workforce & Economic Development
lower
Mar 17, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Richard Hayes
RRepublican
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