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Please note: Legal Q&A answers were accurate at the time of publication but should be verified before relying on it. You may contact the Legal Hotline at 407.438.1409. Hotline hours are 9 a.m. - 5 p.m., Monday - Friday. Or you may send a question via email to a Florida Realtors Legal Hotline attorney here. (member login required)  

Legal FAQ's
Condominium

Q:I represent a buyer who entered into a contract to purchase a residential condominium. The contract includes Section 718.503 (2)'s statutorily required language giving the buyer three days after execution of the contract and receipt by the buyer of the condominium documents to cancel. It has been two weeks since the parties entered into the contract, and the seller has yet to provide the condo documents to the buyer. Now the seller wants the buyer to sign an addendum which says the buyer will only have 24 hours from receipt of the documents to cancel. If the buyer signs this amendment, would it be valid and enforceable?


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Related Member Benefits
Legal Hotline
At no charge, Florida Realtors members may speak with an attorney on a range of topics including licensing, contracts and landlord/tenant matters. Call  407.438.1409.


Save time: Ask a legal question online

To better serve Florida Realtors members, legal questions may now be emailed to the Legal Hotline. Members will receive a live callback from a Legal Hotline attorney. 


Legal Action Fund

The Legal Action Fund of Florida Realtors is available to support members, local Realtor Boards/Associations or those persons involved in litigation that has significance to Realtors and Realtor-Associates as a class, private property rights, or the real estate industry as a whole. Cases shall be limited to those based on points of law and not on factual issues. The Legal Action Fund is administered by the Legal Action Fund Committee within approved guidelines and procedures.