Florida Rulebook · 718.503(2), Florida Statutes
What papers does a Florida condo buyer get, and how long to review them?
When you buy a condo from an owner (not the builder), the law says you are entitled to key condo papers at the seller's cost. The contract must give you a 7-business-day review window or confirm you got the papers more than 7 business days before signing. Your right to cancel ends at closing.
What the law says
- A buyer under contract is entitled, at the seller's expense, to current copies of: the declaration of condominium, the association's articles of incorporation, bylaws and rules, the annual financial statement and budget, the milestone inspection summary (if any), the most recent structural integrity reserve study or a statement that none was done, any turnover inspection report done on or after July 1, 2023, and the "Frequently Asked Questions and Answers" document (718.503(2)(a)).
- The buyer is also entitled to a governance form from the state that explains how condo associations are run (718.503(2)(b)).
- The resale contract must say either that the buyer got the main papers more than 7 days (not counting Saturdays, Sundays, and legal holidays) before signing, or that the buyer may cancel in writing within 7 such days after signing and receiving them (718.503(2)(d)).
- Any waiver of the cancel right has no effect, the buyer may push back closing up to 7 such days after getting the papers, and the right to cancel ends at closing (718.503(2)(d)).
- A contract that does not follow these rules can be voided by the buyer before closing (718.503(2)(d)).
- A real estate licensee who gives the buyer these papers is not liable for errors in them (718.503(2)(c)).
“Each prospective purchaser who has entered into a contract for the purchase of a condominium unit is entitled, at the seller’s expense, to a current copy of all of the following:”
718.503(2), Florida Statutes
Who this is for
Buying · Selling · For agents
Last checked against the official text on November 5, 2026. Laws change, and the official text always wins. This is general information, not legal advice. For your own situation, ask a Florida real estate attorney.