Broward County, FL HOA Rules: Assessment & Dues (2026)
Key Facts
- Budget notice
- 14 days to members
- Late fee cap
- 5 percent or 25 dollars
- Interest cap
- 18 percent annual
- Reserve funding
- Condo mandatory
- Lien timeline
- 45 days delinquent
Summary
Broward County HOAs set assessments through a budget adopted by the board with 14-day member notice. Condos face mandatory reserve funding under post-Surfside law.
F.S. 720.3085 Payment for assessments; lien claims. — (1) When authorized by the governing documents, the association has a lien on each parcel to secure the payment of assessments and other amounts provided for by this section. Except as otherwise set forth in this section, the lien is effective from and shall relate back to the date on which the original declaration of the community was recorded. However, as to first mortgages of record, the lien is effective from and after recording of a claim of lien in the public records of the county in which the parcel is located.
(a) To be valid, a claim of lien must state the description of the parcel, the name of the record owner, the name and address of the association, the assessment amount due, and the due date. The claim of lien secures all unpaid assessments that are due and that may accrue subsequent to the recording of the claim of lien and before entry of a certificate of title, as well as interest, late charges, and reasonable costs and attorney fees incurred by the association incident to the collection process.
(3) Assessments and installments on assessments that are not paid when due bear interest from the due date until paid at the rate provided in the declaration of covenants or the bylaws of the association, which rate may not exceed the rate allowed by law. If no rate is provided in the declaration or bylaws, simple interest accrues at the rate of 18 percent per year. Notwithstanding the declaration or bylaws, compound interest may not accrue on assessments and installments on assessments that are not paid when due.
(a) If the declaration or bylaws so provide, the association may also charge an administrative late fee not to exceed the greater of $25 or 5 percent of the amount of each installment that is paid past the due date.
(b) Any payment received by an association and accepted shall be applied first to any interest accrued, then to any administrative late fee, then to any costs and reasonable attorney fees incurred in collection, and then to the delinquent assessment.
Full Breakdown
Assessments in Broward County HOAs are governed by FL Chapter 720 and individual recorded declarations. Boards adopt the annual budget at a meeting noticed at least 14 days in advance with budget copies provided to members. Regular assessments are due on the schedule specified in the declaration, most commonly monthly or quarterly. Special assessments for capital projects or unforeseen expenses typically require a separate membership or board vote depending on the governing documents. Late fees are capped at the greater of 25 dollars or 5 percent of the overdue installment, and interest is capped at 18 percent annually. Condominium associations under FL 718 must fund reserves for roof, paving, painting, and structural components, and since the 2022 Surfside reforms cannot waive or underfund structural integrity reserves in buildings three stories or taller. Associations may record a lien and foreclose after 45 days delinquency following statutory notice requirements.
Frequently Asked Questions
Can my condo board waive the structural reserves?
Can the HOA foreclose for unpaid dues?
Sources & Official References
Other rules in Broward County
Florida rules heatmap·Compare Broward County to another location·View the Florida hoa rules overview
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