RULE NO: RULE TITLE
61B-22.007: Common Expense; Insurance
PURPOSE AND EFFECT: The purpose of the rule is to clarify that insurance and the costs of repairing condominium property for which the association has insurance coverage is a common expense. This includes the cost of any insurance deductible that is part of the cost of the repair.
SUBJECT AREA TO BE ADDRESSED: The proposed rule addresses condominium insurance and associated costs of repairing condominium property.
SPECIFIC AUTHORITY: 718.501(1)(f) FS.
LAW IMPLEMENTED: 718.111(11), 718.115, 718.504(21)(c)(1)g. FS.
IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:
TIME AND DATE: January 8, 2007, 9:00 a.m.
PLACE: The Northwood Centre, Suite 16, Conference Room, 1940 North Monroe Street, Tallahassee, Florida
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop is asked to advise the agency at least 48 hours before the workshop by contacting Sharon A. Malloy, Senior Management Analyst II, at (850)488-1631. If you are hearing or speech impaired, please contact the agency by calling 1(800)955-8771.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Sharon A. Malloy, Senior Management Analyst II, Division of Florida Land Sales, Condominiums and Mobile Homes, 1940 North Monroe Street, Tallahassee, Florida 32399-1030. The preliminary draft rule is also available on line at http://www.state.fl.us/dbpr/lsc/index.shtml.
THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.