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Home » US Law » 2022 Florida Statutes » Title XL - Real and Personal Property » Chapter 720 - Homeowners' Associations » Part II - Disclosure Prior to Sale of Residential Parcels (Ss. 720.401, 720.402)

720.401 – Prospective purchasers subject to association membership requirement; disclosure required; covenants; assessments; contract cancellation.

720.401 Prospective purchasers subject to association membership requirement; disclosure required; covenants; assessments; contract cancellation.— (1)(a) A prospective parcel owner in a community must be presented a disclosure summary before executing the contract for sale. The disclosure summary must be in a form substantially similar to the following form: DISCLOSURE SUMMARYFOR(NAME OF COMMUNITY) 1. AS A PURCHASER OF PROPERTY […]

720.402 – Publication of false and misleading information.

720.402 Publication of false and misleading information.— (1) Any person who, in reasonable reliance upon any material statement or information that is false or misleading and published by or under authority from the developer in advertising and promotional materials, including, but not limited to, a contract of purchase, the declaration of covenants, exhibits to a declaration of […]