Florida Senate - 2014                          SENATOR AMENDMENT
       Bill No. CS for CS for CS for SB 798
       
       
       
       
       
       
                                Ì748678gÎ748678                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                                       .                                
                                       .                                
                                       .                                
                 Floor: WD/2R          .                                
             04/28/2014 06:12 PM       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       Senator Soto moved the following:
       
    1         Senate Amendment to Amendment (964808) (with title
    2  amendment)
    3  
    4         Delete lines 5 - 7
    5  and insert:
    6         Section 11. Subsections (3) and (9) of section 718.117,
    7  Florida Statutes, are amended to read:
    8         718.117 Termination of condominium.—
    9         (3) OPTIONAL TERMINATION.—Except as provided in subsection
   10  (2) or unless the declaration provides for a lower percentage,
   11  the condominium form of ownership may be terminated for all or a
   12  portion of the condominium property pursuant to a plan of
   13  termination approved by all at least 80 percent of the total
   14  voting interests of the condominium if no more than 10 percent
   15  of the total voting interests of the condominium have rejected
   16  the plan of termination by negative vote or by providing written
   17  objections. This subsection does not apply to condominiums in
   18  which 75 percent or more of the units are timeshare units.
   19  
   20  ================= T I T L E  A M E N D M E N T ================
   21  And the title is amended as follows:
   22         Between lines 36 and 37
   23  insert:
   24         increasing the amount of votes required to terminate a
   25         condominium form of ownership;