Any document required to be delivered to a prospective buyer or lessee pursuant to Section 718.503 or 718.504, F.S., which describes the developer’s (or other person’s) right to retain control of the association shall recite the provisions of Sections 718.301(1)(a)-(g), F.S., regarding turnover of control of the association. This disclosure requirement shall not prohibit a developer from providing in the declaration for turnover to the unit owners other than the developer at an earlier point than the maximum time period set forth in these statutory entitlements.
Rulemaking Authority 718.501 FS. Law Implemented 718.301, 718.503, 718.504 FS. History-New 11-23-93, Amended 12-10-13.