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City of Naples Estoppel Form

City of Naples Estoppel Form

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Instructions and help about City Of Naples Estoppel

4 Things to Know about Florida's Estoppel Bill On July 1st 2017, Florida passed a law to cap fees and streamline the process of requesting estoppel certificates from HOA's. 1. The Cap of Fees $250 is what an association may charge for a certificate, BUT if there are delinquent amounts, they may charge an extra $150. There is also a $100 fee for expedited requests. Altogether, the most an association is allowed to charge by law is $500. 2. Turnaround Time An estoppel certificate must be delivered within 10 days of the request. The association must refund the money if they don't deliver the certificate in time. 3. Effective Period The information must be valid for 30 days if sent by email, 35 days if sent by regular mail. The certificate must be amended within the effective date, and there may not be any additional charge for the change. 4. The certificate is binding An association waives the right to collect more money than what is listed in the certificate after the effective date.

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