Estoppel Fees Have Increased

In 2017, the Florida Legislature amended the community association statutes to formalize the estoppel certificate process and to establish the amount association were permitted to charge for providing the estoppel certificate. Prior to 2017, the statutes stated that associations could charge a fee for providing an estoppel certificate but did not specify the amount of such fee. Commencing in 2017, the fee for an estoppel certificate was capped at $250, with additional amounts permitted when the unit in question was delinquent or the estoppel certificate was requested on an expedited basis. Further, the legislature provided that every 5 years the Department of Business and Professional Regulation would adjust the amount of the permitted estoppel fees equal to the annual increases for the 5-year period in the Consumer Price Index.