On Mar. 7, FLA LEG passed bill on home warranty transfers.
FLA LEG passed HB 623 on home warranty transfers creating FLA LEG XXXIII-553.837.
Document dated Mar. 7, 2024, received from Basel Mar. 8, summarized on Mar. 11.
Bill Provisions
The bill requires a builder to provide warranties for a newly constructed home for a specified period, providing that certain defects are not covered by such warranties.
A builder must remedy, at their expense, certain defects and restore work damaged.
May purchase a warranty from a certain home warranty association to cover warranties
Builder to comply with the warranty requirement for a newly constructed home.
Legislative History
On Nov. 21, 2023, bill delivered to House; on Feb. 15, 2024, bill was passed in House.
On Feb. 15, 2024, bill introduced in Senate; on Mar. 6, 2024, bill passed in Senate.
On Mar. 7, 2024, bill was engrossed and enrolled; awaiting governor approval or veto.
Effectiveness
If enacted, bill provisions take effect on Jan. 1, 2025.
Apr. 2024 Governor Approval
On Apr. 16, 2024, FLA LEG reported governor approved HB 623, assigned Ch 2024-95.
Regulators
FLA LEG
Entity Types
CNSM; Corp
Reference
Bill, Ch 2024-95, 4/16/2024; Bill, HB623, 3/7/2024; FLA LEG XXXIII-553.837;
