New Condo Rider Expands Buyer Record Requests
A revised condo rider lets buyers request additional association records, such as meeting minutes and insurance pages, if both parties agree in the contract.
ORLANDO, Fla. — On July 1, 2025, the latest version of the condominium rider – addendum A to the Florida Realtors®/Bar and ASIS contracts – went into effect. In addition to changes making the form easier to use and compiling with statutory revisions, the REALTOR-Attorney Joint Committee added paragraph 6(b), which allows the prospective buyer to request a series of documents.
Section 718.503 of the Florida Statutes already requires the seller to provide a prospective condo buyer with copies of multiple documents, including the declaration of condominium, articles of incorporation, bylaws and rules, the most recent financial statement and the annual budget. In addition, as a result of recent legislation, section 718.503 mandates that the seller provide the prospective buyer with the condominium’s structural integrity reserve study, milestone inspection report and turnover inspection report, if the association has completed those documents. The statutory requirement to disclose those documents is found in paragraphs 5(a) and 9 of the condo rider.
But what if the prospective buyer wants to take a deeper dive into the condo association’s governance? Paragraph 6(b) of the rider allows the buyer to do just that. In addition to the documents the statute requires, a prospective buyer can request, for the 12 months prior to the contract’s effective date, association board and membership meeting agendas and minutes. The buyer can also request the association’s insurance declaration pages. If, at the time the contract is executed, the association has not completed its milestone inspection, turnover inspection or structural integrity reserve study, the buyer can request that those be produced if they become available before closing. Finally, paragraph 6(b) includes 3 blank lines where the buyer can request any other documents they may consider important.
The Legislature considered the documents in paragraphs 5(a) and 9 so important that the prospective buyer essentially receives an automatic right to terminate the contract either within a specified review period or if they are not provided. In fact, section 718.503 renders any contract for sale of a condo that doesn’t include these rights voidable at the option of the buyer. Paragraph 6(b), however, provides a similar contractual right if the buyer requests these specific documents and, importantly, the seller agrees to provide them.
Because paragraph 6(b) provides a contractual right of cancelation, the prospective buyer must specifically check the boxes pertaining to these documents if they wish to receive them. Another thing to keep in mind is that because the paragraph 6(b) document request is contractual rather than statutory, the seller is free to reject the buyer’s request to provide those specific documents as part of a counteroffer. Only if both the seller and buyer agree that the seller must provide the paragraph 6(b) documents does that clause and the resulting right of cancelation become part of the contract.
Richard Swank is an Associate General Counsel for Florida Realtors.
Note: Information deemed accurate on date of publication.
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