What Must a Florida Condo Seller Give a Buyer before Closing?

The required documents are the declaration of condominium, the association's articles of incorporation, the bylaws and rules, the annual financial statement and annual budget, and the Frequently Asked Questions and Answers document. The buyer is also entitled to the most recent structural integrity reserve study or a statement that none has been completed and, where they apply, the inspector's summary of the milestone inspection report and the turnover inspection report for a turnover inspection performed on or after July 1, 2023. The buyer is also entitled to a state governance form summarizing board and owner rights.

The contract must contain one of two clauses in conspicuous type. One states that the buyer received the documents more than 7 days, excluding weekends and legal holidays, before signing. The other makes the contract voidable by written notice within 7 days, excluding weekends and legal holidays, after the buyer signs and receives the documents. Any waiver of these rights has no effect, and the right to void ends at closing.

Contracts entered into after December 31, 2024, must also say whether the association is required to have a milestone inspection, turnover inspection report or structural integrity reserve study and whether it has completed them, with acknowledgment and voidability clauses for those that have been completed.

A licensed real estate broker or sales associate who supplies these documents is not liable for errors in them. Homeowners association sales follow a separate statute, including the process described in HOA estoppel certificates in Florida.