Starting on Sept 26th, 2017 The Rider B – Homeowners’ Association/Community Disclosure changed!. There is Part B added to the document with the following items:
- A date by which the Association approval must be issued, if required.
- Lines for fees that the Buyer will owe, as application fee, initial contribution, membership, and other fees.
- Option to choose which party will pay for special assessments due in installments after the closing date.
- Fields to fill out with the contact information on the association or management company.
The new form changed to CR-5 Rev. 9/17
For more specific changes go to: Form CR-5 Rev. 9/17 posted on the Florida Realtor’s website