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Deadline Filing Extensions

Deadline Filing Extensions and Stay re Corporate Transparency Act Filings Financial Crimes Enforcement Network (FinCEN) Beneficial Ownership Information (BOI) Reporting; Hurricane Relief Extended Due Dates and Injunction puts a suspension on the filings all  together 

 

The following information details FinCEN BOI reporting filing extensions due to recent Hurricanes. As you know, FinCEN has new reporting requirements for businesses which were due December 31, 2024. FinCEN requires businesses to report information on the beneficial owners of the business (generally those owning at least 25% of a business). For most, the due date for reporting is January 1, 2025. Filing can be done online and is free. There may be significant penalties for non-compliance. Click on the links below to file the report or for more information. 

FinCEN Beneficial Ownership Reporting 

FinCEN Beneficial Ownership Reporting FAQ’s 

EXTENSION 

For those of us in Florida, there is an additional six-month (6 month) extension (July 1, 2025) because of Hurricane Milton. 

FinCEN Beneficial Ownership Reporting Extended 

IRS extended due dates 

INJUNCTION (As of December 3, 2024) 

These requirements are currently being challenged in federal court and the judge has issued a preliminary injunction. While the injunction is in place, the reporting requirements cannot be enforced. It is uncertain what will happen to these requirements in trial. You are still able to file the reports while the trial is ongoing. See the link to the article below for more information. 

BOI Injunction

Attorney Kistemaker Featured in Property Insurance Report ….

Older coastal buildings in rough shape with unaffordable special assessments will likely be sold to developers and torn down for new luxury high-rises. Condo units worth hundreds of thousands of dollars on valuable land will be foreclosed upon and replaced with condos worth millions of dollars, said Erum Kistemaker, an attorney in the Daytona Beach area who represents condominium associations. “These condos became almost like retirement living facilities – people with fixed incomes – that is what is going to change,” she said. “You’re going to see a different [type of owner] in condos.” Read more in the Property Insurance Report and subscribe!

CFO Patronis Launches the ‘My Safe Florida Condo’ Pilot Program

See the full Statute here ….

The My Safe Florida Condo Pilot Program was enacted during the 2024 Legislative Session. It provides eligible condominium associations with resources to strengthen their properties against hurricane winds. Through free inspections and grant funding, the pilot program supports wind mitigation improvements.

The Pilot Program strengthens properties against hurricane damage and potentially lowers insurance premiums. Go to the Pilot Program here ….

Free Inspection: Eligible condominium associations will receive a complimentary inspection to identify existing hurricane-resistant features of their buildings. The inspection will also highlight necessary recommendations for improvements to protect against hurricane winds in order to receive reductions in insurance premiums. Condominium associations located within the Program’s Service Area (15 miles from the coast) are eligible for a free mitigation inspection. This eligibility requires that the board of administration, through a majority vote as stipulated in the Association’s bylaws, consents to receive a free mitigation inspection through the My Safe Florida Condominium Pilot Program.

The President or Treasurer of the Board will need to provide the Condominium’s Association’s Name, the Condominium’s Association’s Address, the Condominium’s Authorized Representative information, the Condominium Property Details, the Condominium Insurance Declaration Page, a Copy of the Disclosure Form, and the Condominium Board Members’ Voting Results to apply for a free mitigation inspection.

Grant Funding: In addition to the free inspection, eligible associations can apply for grants to implement specific wind mitigation improvements identified in the free inspection report. These enhancements are designed not only to protect your property from hurricane damage but also to potentially reduce your Wind Insurance Premium. The program offers a reimbursement grant and is eligible after the authorized improvements have been performed and validated by the free final inspection.

Go to the Pilot Program here ….

From DBPR – Florida Dept. of Professional Regulation

An interview with Erum Siddiqui Kistemaker, J.D. ‘00

By Mandy Martin – 09-03-2024

Erum Siddiqui Kistemaker, J.D. ‘00, always wanted to be a lawyer, and now she runs a thriving private practice.

An interview with Erum Siddiqui Kistemaker, J.D. ‘00

Erum Siddiqui Kistemaker, J.D. ‘00

By Mandy Martin09-03-2024

As early as second grade, Erum Siddiqui Kistemaker knew she wanted to be a lawyer. In high school, she participated in debate team and was invited to participate in a Model UN international debate at Georgetown University, further solidifying her dream. She attended the University of Florida from 1993-1997 for undergraduate school with her sights set on law school. While at UF, she was a member of the Delta Phi Epsilon sorority and the Florida Blue Key with concentrations in Political Science and Journalism.

Kistemaker knew she wanted to practice international law – as she approached the end of her time at UF, she decided to commit to Miami Law because of the strong international law program as well as the cosmopolitan city environment …. Read full article here!

June Legislative Updates Presentation

The below documents and video are a summary of the most recent and relevant changes promulgated by the Florida Legislature impacting homeowners associations.

Discussed herein are the recent statutory changes including HB 1203 (effective on July 1, 2024), HB 59 (effective on July 1, 2024), HB 293 (effective on May 28, 2024), and HB 1645 (effective July 1, 2024). Should you have any questions concerning the contents of this letter or any other matter, please do not hesitate to contact our Firm.

Senate Bill 154 requires all condominium and cooperative associations with buildings 3 stories or higher to report the following information to the Division of Florida Condominium, Timeshares and Mobile Homes on or before January 1, 2023.

Condominiums and Cooperatives – Building Reporting

https://www2.myfloridalicense.com/condos-timeshares-mobile-homes/building-report/

718.501(3)(a), F.S./Senate Bill 154 requires all condominium and cooperative associations with buildings 3 stories or higher to report the following information to the Division of Florida Condominium, Timeshares and Mobile Homes on or before January 1, 2023.

  • Contact Name, Phone Number, and Email Address
  • Name of Project
  • Project License # ( To find license # please click here)
  • The number of buildings on the condominium property that are three (3) stories or higher in height.
  • The total number of units in all such buildings
  • The addresses of all such buildings.
  • The counties in which all such buildings are located.

You may provide your association’s information to the Division by simply completing and submitting the Building Reporting form below. You may also submit this information via email at: ctmhbuildingreporting@myfloridalicense.com or by USPS mail or hand delivery to:

Division of Florida Condominiums, Timeshares and Mobile Homes
Attention: Building Reporting
2601 Blair Stone Road
Tallahassee, FL 32399-1030

Updates – HB 1203; HB 59; HB 293 and HB 1645

Kistemaker Business Law Group is pleased to present a summary of the latest and pertinent changes enacted by the Florida Legislature affecting homeowners associations. This summary outlines the recent statutory amendments, including HB 1203 (effective July 1, 2024), HB 59 (effective July 1, 2024), HB 293 (effective May 28, 2024), and HB 1645 (effective July 1, 2024)

Please note that the attached document is simply a summary of some of the more what I consider important changes in the law that may affect your Association and its members, and does not necessarily include all changes in the law pertaining to homeowners’ associations.

2024-Legislative-Update-HOA-Final.03 (1)

The Florida Condo Education Initiative Series: Condominium Assessment Collection Webinar

The Division of Condominiums, Timeshares, & Mobile Homes’ Education Section Presents the Condominium Assessment Collection Webinar with Guests Erum Kistemaker, Managing Partner of Kistemaker Business Law Group; Leslie-Ann Downer, CTMH Education Supervisor; and Alan Schwartzseid of Kaye Bender Rembaum Attorneys at Law. 

The Florida Condo Education Initiative is a partnership between the Division of Condominiums, Timeshares, and Mobile Homes Education Section, and the Condominium and Planned Development Committee of the Real Property, Probate and Trust Law Section of The Florida Bar.