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The Florida Statutes

The 2003 Florida Statutes

Title XL
REAL AND PERSONAL PROPERTY
Chapter 720
HOMEOWNERS' ASSOCIATIONS
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Section 720.309, Florida Statutes 2003

720.309  Agreements entered into by the association.--Any grant or reservation made by any document, and any contract with a term in excess of 10 years made by an association before control of the association is turned over to the members other than the developer, which provide for operation, maintenance, or management of the association or common areas must be fair and reasonable.

History.--s. 59, ch. 95-274; s. 51, ch. 2000-258.

Note.--Former s. 617.309.