In accordance with Florida Statutes 718.116, 719.108 and 720.30851, fees for estoppel certificates shall be adjusted every five (5) years in an amount equal to the total of the annual increases for that 5-year period in the Consumer Price Index for All Urban Consumers, US City Average, All Items.  The Department of Business and Professional Regulation has calculated the increased fees for estoppel certificates.  For Condominiums, Cooperatives and Homeowners’ Associations, the current estoppel fees that can be charged are as follows:

If the Board of an Association wants to charge these increased estoppel fees, it is likely it will need to amend its current written resolution on estoppel certificates and estoppel fees.  We recommend reviewing your resolution with your attorney to determine what steps need to be taken so your Association can charge these higher fees.