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BILL: CS/SB 1178 Page 9 stockholder or member of a cooperative apartment corporation who is entitled, solely by reason of ownership of stock or membership in the corporation, to occupy an apartment in a building owned by the corporation. 20 The cooperative holds the legal title to the unit and all common elements. The cooperative association may assess costs for the maintenance of common expenses. 21 There are 778 cooperative associations in Florida that are registered with the DBPR.a2 Miami -Dade County Grand Jury Report "Addressing Condo Owners' Pleas for Help: Recommendations for Legislative Action" The increasing numbers of condominiums in Florida, the increasing numbers of problems for people living in them, and the increasing numbers of complaints against the DBPR, motivated a Miami -Dade County grand jury to conduct an investigation of complaints by condominium residents and the DBPR's responses to their complaints. 23 The grand jury's report contains numerous findings and recommendations, but those relevant to the provisions of the bill are discussed below. Additional Issues For ease of reference to each of the topics addressed in the bill, the Present Situation for each topic will be described in Section III of this analysis, followed immediately by an associated section detailing the Effect of Proposed Changes. III. Effect of Proposed Changes: Community Association Managers Present Situation Community Association Manager Regulation Community association managers (CAMs) are licensed and regulated by the Department of Business and Professional Regulation (DBPR or department) pursuant to part VIII of ch. 468, F.S. Section 468.431(2), F.S., defines "community association management" to mean: any of the following practices requiring substantial specialized knowledge, judgment, and managerial skill when done for remuneration and when the association or associations served contain more than 10 units or have an annual 21 See Walters v. Agency for Health Care Administration, 288 So.3d 1215 (Fla. 3d DCA 2019), review dismissed 2020 WL 3442763 (Fla. 2020). 21 See ss. 719.106(1)(g) and 719.107, F.S. 22 See Task Force Report, pp. 4-5. 2s Final Report of the Miami -Dade County Grand Jury (Addressing Condo Owner's Pleas for Help: Recommendations for Legislative Action) (Filed Feb. 6, 2017), Eleventh Judicial Circuit, available at https://miamisao.com/wo- content/uploads/2021/02/2016-Spring-Grand-Jury-Report-Final.pdf (last visited on Jan. 13, 2024). This document is further cited in this analysis as "Final Report of the Miami -Dade County Grand Jury." 319