Laws In Order
Tuesday, September 03, 2013
|Rep. Jason Brodeur meets with ORRA members who traveled to Tallahassee this past spring for the Great American REALTOR® Days.
Orlando REALTOR® | SeptemberOctober 2013
That orderly, annual progression
from bill to law has ended with
a few new real estate rules
The 2013 Florida Legislative Session is over, the bills have been signed by the Gov. Rick Scott, and the laws have (mostly) taken effect. Here’s a wrap up of those changes that In some way impact real estate.
HB 437 - Tax loophole closes
Language was included in different bills to close a tax loophole used by for-profit affordable housing builders that form non-profit subsidiaries primarily to pay lower property taxes.
HB 903 - Squatters find it more difficult to claim ownership of an abandoned house
Lawmakers strengthened Florida’s adverse possession laws. A claim of adverse possession now requires
- Payment of all outstanding taxes and liens levied by the state, county or municipality within one year; and
- Submission of information to the county property appraiser: contact info, date the adverse possession claim began, legal description of the property, and dates when outstanding taxes and liens were paid.
Filing this return, however, does not give an adverse possessor an enforceable interest in the property. Squatters who don’t file a return may be charged with trespassing. If an adverse possessor leases the property to a third party, he can be charged with theft.
SB 1770 - Citizens Property Insurance Corp. gets new rules
Some rules in a massive law impacting the state-owned insurer become effective at different times. However, a few have already taken effect:A rule requiring all new applicants to go through a clearinghouse to establish if they’re eligible for Citizen’s coverage; andThe addition of a consumer advocate in the Citizens Board of Governors.
SB 342 - Rules eased for renting with a homestead exemption
Under previous law, a homeowner who rents his home for any length of time in two consecutive years can lose his homestead exemption. Now, a "safe harbor” allows owners to rent their homestead up to 30 days a year without losing the exemption. However, rentals that exceed 30 days for two consecutive years jeopardize the homestead exemption in year two.
Note: The law doesn’t address how many days beyond the 30-day threshold triggers abandonment of homestead. A Department of Revenue opinion allows rentals up to six months every other year if proof of substantial residency and other conditions are met.
HB 77 - Residential landlord/tenant changes
Several changes were made to the Florida Residential Landlord and Tenant Act, including a change to the disclosure language landlords who rent five or more dwelling units are required to give. While the law has become effective, use of the revised disclosure is not mandatory until Jan. 1, 2014.
In addition, the new law contains provisions about screens, recurring tenant violations of a lease, evictions after acceptance of partial rent, non-renewal notice requirements, writs of possession and the transfer of security deposits from a previous owner to a new landlord.
HB 277 – Green energy tax incentives
A new law creates rules to implement the tax break for solar energy devices installed on or after January 1, 2013. The bill does not, however, shield windstorm mitigation upgrades from property taxes.
SB 1398 - Online pre-licensing courses for appraisers
Before this law took effect, appraisers were limited to taking only post-licensing courses online. Now they may take both pre- and post-licensing courses via the Internet.
Source: Florida REALTORS®