Recreational leaseholds; right to acquire; escalation clauses
- Statute:
- Florida §720.31 · Chapter 720 (Homeowners' Association Act)
- Topic:
- Contracts & Vendors · Recreational leases
- Applies to:
- HOA associations
Gives the association rights to acquire recreational facilities and renders certain CPI-tied escalation clauses unenforceable.
📄 Read the official text at flsenate.gov →
How SoShiny helps with Recreational leaseholds; right to acquire; escalation clauses
SoShiny tracks vendor contracts, certificates of insurance, and W-9s with renewal warnings color-coded by urgency. The contracts and COIs the statute requires you to make available to members are never more than two clicks away.
See the feature → Start freeFrequently asked
- What does Florida §720.31 require?
- Gives the association rights to acquire recreational facilities and renders certain CPI-tied escalation clauses unenforceable.
- Who does Florida §720.31 apply to?
- Florida §720.31 applies to HOA associations in Florida.
- What happens if our HOA doesn't comply with §720.31?
- 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 §720.31?
- 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 Recreational leaseholds; right to acquire; escalation clauses?
- SoShiny tracks vendor contracts, certificates of insurance, and W-9s with renewal warnings color-coded by urgency. The contracts and COIs the statute requires you to make available to members are never more than two clicks away. Learn more →
Not legal advice. This page is a plain-English summary of Florida §720.31 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.
Stay current on Florida association law.
Get the free quick-reference guide plus a heads-up when the statutes that govern your community change.
Don’t run your HOA on spreadsheets.
Start your community free →