Florida Senate - 2015                        COMMITTEE AMENDMENT
       Bill No. SB 1172
       
       
       
       
       
       
                                Ì563180ÆÎ563180                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/26/2015           .                                
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       The Committee on Regulated Industries (Latvala) recommended the
       following:
       
    1         Senate Amendment to Amendment (363030) (with directory
    2  amendment)
    3  
    4         Between lines 140 and 141
    5  insert:
    6         (9) PLAN OF TERMINATION.—The plan of termination must be a
    7  written document executed in the same manner as a deed by unit
    8  owners having the requisite percentage of voting interests to
    9  approve the plan and by the termination trustee. A copy of the
   10  proposed plan of termination shall be given to all unit owners,
   11  in the same manner as for notice of an annual meeting, at least
   12  14 days prior to the meeting at which the plan of termination is
   13  to be voted upon or prior to or simultaneously with the
   14  distribution of the solicitation seeking execution of the plan
   15  of termination or written consent to or joinder in the plan. A
   16  unit owner may document assent to the plan by executing the plan
   17  or by consent to or joinder in the plan in the manner of a deed.
   18  A plan of termination and the consents or joinders of unit
   19  owners and, if required, consents or joinders of mortgagees must
   20  be recorded in the public records of each county in which any
   21  portion of the condominium is located. The plan is effective
   22  only upon recordation or at a later date specified in the plan.
   23  If the plan of termination fails to receive the required
   24  approval, the plan shall not be recorded and a new attempt to
   25  terminate the condominium may not be proposed at a meeting or by
   26  solicitation for joinder and consent for 180 days after the date
   27  that such failed plan of termination was first given to all unit
   28  owners in the manner as provided in this subsection.
   29         (a) If the plan of termination is voted on at a meeting of
   30  the unit owners called in accordance with this subsection, any
   31  unit owner desiring to reject the plan must do so by either
   32  voting to reject the plan in person or by proxy, or by
   33  delivering a written rejection to the association before or at
   34  the meeting.
   35         (b) If the plan of termination is approved by written
   36  consent or joinder without a meeting of the unit owners, any
   37  unit owner desiring to object to the plan must deliver a written
   38  objection to the association within 20 days after the date that
   39  the association notifies the nonconsenting owners, in the manner
   40  provided in paragraph (15)(a), that the plan of termination has
   41  been approved by written action in lieu of a unit owner meeting.
   42  
   43  ====== D I R E C T O R Y  C L A U S E  A M E N D M E N T ======
   44  And the directory clause is amended as follows:
   45         Delete line 5
   46  and insert:
   47         Section 1. Subsections (3), (4), (9), (11), (12), and (16)
   48  of