The Florida legislature has filed H0897, a bill revising timeshare plan management requirements. The measure modifies conflict-of-interest provisions, liability protections, and disclosure obligations for timeshare management firms.
Key changes:
The bill removes a requirement that managing entities performing community association management comply with certain provisions applicable to community association management firms. It revises conflict-of-interest rules to apply differently in timeshare management contexts.
H0897 requires timeshare management firms and their employees to discharge duties in good faith and exempts such firms and individuals from liability for monetary damages under specified circumstances.
The measure mandates that boards of administration of timeshare condominiums meet at least once per year. It also requires timeshare management firms or owners' associations to disclose annually—in a manner specified by the bill—information about goods and services provided through related entities.
Who this affects: Timeshare management firms, their employees, boards of timeshare condominiums, and timeshare owners' associations.
Current status: As of June 16, 2025, the bill is in Stage 4 of the legislative process. An effective date has not yet been determined. Managers and board members should monitor the bill's progress through the legislature for updates on timing and final language.