Thursday, December 18, 2008

Condo Sellers Must Provide Buyers Additional Documentation

Beginning Jan. 1, 2009, condo sellers (who are not developers) must provide prospective buyers a disclosure from the Florida Department of Business and Professional Regulation (DBPR) which details the rights and responsibilities of condominium boards and unit owners, voting rights, meeting notices and other governance matters. This disclosure, known as the Condominium Governance Form, is now available in PDF form from the DBPR Web site: http://click.email.floridarealtors.org/?ju=fe2a15737c61067f7d1073&ls=fe2610717363027b771578&m=feff1070756103&l=fecc177274660379&s=fe621c707560037f7d14&jb=ffcf14&t=