# Fla. Stat. § 718.509: 718.509 Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.509

## Section

- **Citation:** Fla. Stat. § 718.509
- **Heading:** 718.509 Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XL / Chapter 718 / Part V / Section 718.509

## Text

(1) There is created within the State Treasury the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund to be used for the administration and operation of this chapter and chapters 718, 719, 721, and 723 by the division.

(2) All moneys collected by the division from fees, fines, or penalties or from costs awarded to the division by a court or administrative final order shall be paid into the Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund. The Legislature shall appropriate funds from this trust fund sufficient to carry out the provisions of this chapter and the provisions of law with respect to each category of business covered by the trust fund. The division shall maintain separate revenue accounts in the trust fund for each of the businesses regulated by the division. The division shall provide for the proportionate allocation among the accounts of expenses incurred by the division in the performance of its duties with respect to each of these businesses. As part of its normal budgetary process, the division shall prepare an annual report of revenue and allocated expenses related to the operation of each of these businesses which may be used to determine fees charged by the division. This subsection shall operate pursuant to the provisions of s. 215.20.

History: ss. 10, 32, ch. 79-347; ss. 2, 5, 7, ch. 81-172; ss. 2, 3, ch. 81-318; s. 3, ch. 83-265; ss. 20, 21, ch. 83-339; ss. 16, 20, ch. 87-102; ss. 8, 33, 34, ch. 88-90; s. 83, ch. 90-132; s. 4, ch. 91-429; s. 53, ch. 2008-240.

## Nearby sections

- [Fla. Stat. § 718.501 718.501 Authority, responsibility, and duties of Division of Florida Condominiums, Timeshares, and Mobile Homes.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.501.md)
- [Fla. Stat. § 718.502 718.502 Filing prior to sale or lease.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.502.md)
- [Fla. Stat. § 718.503 718.503 Developer disclosure prior to sale; nondeveloper unit owner disclosure prior to sale; voidability.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.503.md)
- [Fla. Stat. § 718.504 718.504 Prospectus or offering circular.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.504.md)
- [Fla. Stat. § 718.505 718.505 Good faith effort to comply.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.505.md)
- [Fla. Stat. § 718.506 718.506 Publication of false and misleading information.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.506.md)
- [Fla. Stat. § 718.507 718.507 Zoning and building laws, ordinances, and regulations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.507.md)
- [Fla. Stat. § 718.508 718.508 Regulation by Division of Hotels and Restaurants.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.508.md)
- [Fla. Stat. § 718.509 718.509 Division of Florida Condominiums, Timeshares, and Mobile Homes Trust Fund.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.509.md)
- [Fla. Stat. § 718.5011 718.5011 Ombudsman; appointment; administration.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.5011.md)
- [Fla. Stat. § 718.5012 718.5012 Ombudsman; powers and duties.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.5012.md)
- [Fla. Stat. § 718.5014 718.5014 Ombudsman location.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.5014.md)
- [Fla. Stat. § 718.50152 718.50152 Offices.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.50152.md)
- [Fla. Stat. § 718.50153 718.50153 Payment of per diem, mileage, and other expenses to division employees.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.50153.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXL_C718_PV_S718.509. Check the current official text before relying on it. Not legal advice.
