2019 Real Property, Probate and Trust Law Section of The Florida Bar Annual Legislative Update

You may recall that Attorneys’ Real Estate Councils of Florida (Florida ARECS) is a sponsor of the Residential Real Estate & Industry Liaison Committee of the Real Property, Probate and Trust Law Section of The Florida Bar (RPPTL).  Here is a report from their meeting held during 2019 RPPTL Legislative Update in Palm Beach.

The Fund’s Linda Monaco presented a program which discussed the issues associated with Property Assessed Clean Energy (PACE) loans with the Residential Real Estate & Industry Liaison Committee. These loans continue to present challenges to everyone in the real estate industry and the Committee is looking at numerous options to address them. 

The Committee also discussed new legislation affecting open permits that should provide some relief.  Florida HB 447, sponsored by Representative Ben Diamond (D-St. Petersburg) and Senator Keith Perry (R-Gainesville), provides procedures for closing open building permits and satisfying any applicable requirements of said permits.  Among its provisions, the legislation authorizes counties to provide notice of expiring permits; authorizes a one-time search fee; eliminates liability for new contractors who are hired to complete unfinished work, and allows for open permits to be closed after 6 years in the absence of a final inspection, provided that no safety hazards exist.  The new law goes into effect October 1, 2019.