Florida Statute §720.401 requires that buyers must be notified when they are purchasing a home located in a community with required membership in a homeowner’s association (HOA).
How can I get a copy of the Florida Homeowners' Associations (HOA) Disclosure?
We will provide you a copy of any Florida Realtors disclosure form for free upon submitting a flat fee MLS listing through our website. You can also review Florida Statute §720.401, which dictates the form to be used, which is what the Florida Realtors disclosure is based upon.
What are the repercussions for not providing the disclosure?
If the disclosure is not provided prior to executing the contract for sale, the purchaser may void the contract by delivering to the seller or the seller’s agent or representative written notice canceling the contract within 3 days after receipt of the disclosure summary or prior to closing, whichever occurs first. This right may not be waived by the purchaser but terminates at closing.