Florida §720.308

Assessments and charges

Statute:
Florida §720.308 · Chapter 720 (Homeowners' Association Act)
Topic:
Assessments & Finance · Assessments
Applies to:
HOA associations

Authorizes assessments for common expenses and special assessments, with allocation rules and developer subsidy options before turnover.

assessments; charges; common expenses; pro rata; special assessment; developer subsidy

📄 Read the official text at flsenate.gov →

How SoShiny helps with Assessments and charges

SoShiny calculates per-unit assessments automatically from ownership percentages and tracks payment status against every levy. The unit-level ledger is the audit trail your CPA, attorney, and the board need when an owner disputes a charge.

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Related sections in Chapter 720

Frequently asked

What does Florida §720.308 require?
Authorizes assessments for common expenses and special assessments, with allocation rules and developer subsidy options before turnover.
Who does Florida §720.308 apply to?
Florida §720.308 applies to HOA associations in Florida.
What happens if our HOA doesn't comply with §720.308?
Non-compliance with Florida Chapter 720 can expose the association and individual board members to civil suit, with most pre-suit disputes required to go through statutory mediation under §720.311. Florida HOAs are not regulated by DBPR — enforcement is private. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance if a dispute escalates.
Where can I read the official text of Florida §720.308?
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 Assessments and charges?
SoShiny calculates per-unit assessments automatically from ownership percentages and tracks payment status against every levy. The unit-level ledger is the audit trail your CPA, attorney, and the board need when an owner disputes a charge. Learn more →

Not legal advice. This page is a plain-English summary of Florida §720.308 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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