Changes to FS 468 Part VIII Law

http://www.ccfj.net/CCFJH995CHANGES.htm


Changes to FS 468 Part VIII
COMMUNITY ASSOCIATION MANAGERS
Compiled by Mark R. Benson CAM , CMCA, AMS, PCAM

I Changes the threshold for employing a licensed Community Association Manager (CAM) from 50 units to 10 units.

II Defines the term “community association management firm” (CAM Firm).

III Clarifies that a manager is a “natural” person to differentiate from a management firm that may also be referred to as manager.

IV Provides that appointment to membership of the Regulatory Council of Community Association Managers (RCCAM) not be delayed if a time-share manager is not available to serve.

V Clarifies that serving on an association board does not disqualify a person from serving on the RCCAM.

VI Provides authority for the RCCAM to promote education of the public concerning community association management.

VII Removes the requirement to pay RCCAM members $50 per meeting and provides they not be compensated except for per diem and travel expenses.

VIII Provides for “responsibilities” of the RCCAM to include but not be limited to:
A. Receiving input concerning management of association.
B. Reviewing, evaluating, and advising Division concerning revisions, and adoption of rules.
C. Recommending improvements to education programs of the Division.

IX Provides for licensure of management companies, as follows:
A. Provides threshold for licensure of CAM Firm the same as a CAM.
B. Provides for license application, fee and authorization to do business in Florida.
C. Requires there must be a responsible CAM for the CAM Firm.
D. Provides for a 30-day time limit to notify department of changes in the CAM Firm.
E. Provides two-year license term and renewal in odd-numbered years.
F. Requires that the Department certifies CAM Firm before issuing license to CAM Firm.
G. Requires CAM Firm may not operate without licensed CAMs.
H. Prohibits CAM Firm from using unlicensed persons to provide CAM functions.

X. Prohibits licensure of persons found to be doing CAM functions prior to licensure.

XI Provides for time-line for investigation of complaints and notification being provided to the complainant.

XII Provides that it is a violation to contract with an entity with which the CAM or CAM Firm has a financial interest without disclosure.

XIII Provides a CAM Firm is subject to specific grounds for disciplinary action.

XIV Provides a license may be reissued if compliance with discipline is completed.