The answer to this question has expanded over the years. If you have a question feel free to contact me with the form below. Last June of 2025 the form was changed once again in response to a change to FS 718.503. The answer here is for the typical sale of a condominium to/from a private party as developers as new condominiums sold by a developer have different rules and those are in the form…
For YEARS this disclosure REQUIRED the Seller to provide the Buyer with the following documents, IF the Buyer requested them:
- CURRENT COPY OF THE DECLARATION OF CONDOMINIUM
- ARTICLES OF INCORPORATION
- BYLAWS AND RULES OF THE ASSOCIATION
- A COPY OF THE MOST RECENT ANNUAL FINANCIAL STATEMENT AND ANNUAL BUDGET
- FREQUENTLY ASKED QUESTIONS AND ANSWERS DOCUMENT
- CONDOMINIUM GOVERNANCE FORM
It now includes language that the Seller must provide the Buyer, IF requested, the above items AND…
- A copy of the inspector-prepared summary of the milestone inspection report as described in s. 553.899, if applicable.
- The association’s most recent structural integrity reserve study or a statement that the association has not completed a structural integrity reserve study.
- A copy of the inspection report described in s. 718.301(4)(p) and (q) for a turnover inspection performed on or after July 1, 2023. (A turn over inspection report is for a rental community converted to a condominium by a developer.)
And then it was changed for the new laws suurounding things like the Structural Integrity Reserve Study and now FS 718.503 has been changed once again to include things like meeting minutes. The new form ALSO has a place for the Buyer to request these AND MORE:
- Minutes of Condominium Association Board meetings for the 12 months preceding the Effective Date.
- Agendas for all Condominium Association Board meetings for the 12 months preceding the Effective Date
- Minutes of Condominium Association member meetings for the 12 months preceding the Effective Date.
- Agendas for all Condominium Association member meetings for the 12 months preceding the Effective Date.
- Insurance Declaration Pages for general liability, hazard/windstorm, and any required or existing flood policies held by the Condominium Association
- If Paragraph 9(a)(iii) (Milestone Inspection Report), 9(b)(iii) (Turn Over Inspection Report), or 9(c)(iii) (Stuctural Integrity Reserve Study) is checked and the referenced document is actually received by the Seller prior to Closing, then such document (i.e. the inspector-prepared summary of a milestone inspection report, a turnover report, or a structural integrity reserve study report)
THIS AGREEMENT (The Contract between the parties) IS VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE OF THE BUYER’S INTENTION TO CANCEL WITHIN 7 DAYS, EXCLUDING SATURDAYS, SUNDAYS, AND LEGAL HOLIDAYS, AFTER THE DATE OF EXECUTION OF THIS AGREEMENT BY THE BUYER AND RECEIPT BY BUYER OF (the above requested Documents).
Sellers (and Buyers) should also note this language regards sprinkler retrofiting:
- If, pursuant to Sections 718.112(2)(n), F.S., the Condominium Association has voted to forego retrofitting its fire sprinkler system or handrails and guardrails for the condominium units, then prior to Closing Seller shall furnish to Buyer the written notice of Condominium Association’s vote to forego such retrofitting.
