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Florida Association of Realtors

Senate committee OKs estoppel bill but concerns still loom large

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The controversy surrounding estoppel letters, how long they are effective and how much they cost, has not stopped in the week since this Legislature considered the bill. The Senate Regulated Industries on Tuesday again considered SB 736, sponsored by state Sen. Kelli Stargel. The bill is supported by the Florida Association of REALTORs and is opposed by Community Association Managers. Estoppel letters are legal documents that list information regarding the current owner’s financial obligations to their homeowner’s associations. The bill…

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Realtors bat .500 as House passes estoppel bill but Senate defers action

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With time running short the Senate Committee on Regulated Industries on Tuesday deferred action on a controversial bill that real estate professionals believe will help expedite the sale of homes. SB 736, sponsored by state Sen. Kelli Stargel, addresses estoppel letters, how long they are effective and how much home owner associations and community management companies can charge for them. The changes are supported by the Florida Association of REALTORS and were included in a list of legislative recommendations submitted…

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