Definitions
- Statute:
- Florida §718.701 · Chapter 718 (Condominium Act)
- Topic:
- Definitions · Glossary
- Applies to:
- Condo associations
Defines terms used in Part VII including bulk assignee and bulk buyer.
📄 Read the official text at flsenate.gov →
How SoShiny helps with Definitions
SoShiny implements these statutory definitions across the platform — when a section refers to "unit owner," "member," "voting interest," or "official record," SoShiny uses the same definition in the data model.
See the feature → Start freeFrequently asked
- What does Florida §718.701 require?
- Defines terms used in Part VII including bulk assignee and bulk buyer.
- Who does Florida §718.701 apply to?
- Florida §718.701 applies to Condo associations in Florida.
- What happens if our condo doesn't comply with §718.701?
- Non-compliance with Florida Chapter 718 can result in disputes filed with the Florida Department of Business and Professional Regulation (DBPR), Division of Florida Condominiums, Timeshares, and Mobile Homes — and may expose individual board members to personal liability in some circumstances. SoShiny's audit trail and documented workflows are designed to demonstrate compliance.
- Where can I read the official text of Florida §718.701?
- The official text is published by the Florida Legislature at flsenate.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Definitions?
- SoShiny implements these statutory definitions across the platform — when a section refers to "unit owner," "member," "voting interest," or "official record," SoShiny uses the same definition in the data model. Learn more →
Not legal advice. This page is a plain-English summary of Florida §718.701 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Florida-licensed attorney. For the official statutory text, see the link above.
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