HOA
DEVELOPER BAIL-OUT BILL:
H1013
NO MORE WARRANTIES!
By
Jan Bergemann
Published
April 14, 2012
This
year the
Florida
legislature obviously tried to bail out everybody who helped to
cause our economy and real-estate market to crash: From bankers
to developers all the folks who caused the serious problems
in the Florida
real-estate market obviously deserved to be bailed out
according to our elected officials at the expense of the
homeowners living in homeowners associations.
H1013
soon waiting for the signature of Governor Rick Scott
made it through the legislature, with the YEA votes of 36
Senators and 106 House Representatives. This bill is another
example that
Florida's legislators listen to special interest and their lobbyists,
not to the people who voted them into office. I call this
method: Repayment of Campaign Funds!
This
bill makes absolutely no sense and will deter even more retirees
from choosing the former Sunshine
State
as their retirement home. Who wants to buy into a community
where the law allows the developer to build subpar offsite
improvements without being liable for his shoddy work?
According
to the enrolled version of H 1013, the term "offsite
improvement" means:
The street, road, driveway, sidewalk, drainage, utilities, or
any other improvement or structure that is not located on or
under the lot on which a new home is constructed. In other
words: All the so-called common areas.
If this bill is enacted, developers can create subpar roads and
drainage systems and charge homeowners a lot of money for those
items -- and then leave homeowners with nothing but expensive
repairs. No more warranties for faulty construction of common
elements -- and this bill even wants to make this retro-active!
If this bill is signed into law by Governor Rick Scott, anybody
who still buys into a developer-controlled community commits
financial suicide!
Are
laws like this supposed to help luring more retirees into
financial traps?
Everybody in his/her right mind living in a
developer-controlled subdivision or not should write to
Governor Rick Scott to please VETO this ill-advised bill.
For
more detail, please see: http://www.ccfj.net/LEGSESS12H1013VETO.html
Why
are our legislators so hell-bent on destroying Florida's formerly stellar reputation as the Number One Retirement
State?
