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ORLANDO, Fla. – Florida Realtors has revised two condominium forms for sellers and buyers to provide updated information on condo association financial statements and budgets.

The revisions were made in compliance with a new law, effective Oct. 1, that requires condominium sellers to provide the condo association’s annual financial statement and annual budget. The law also requires the buyer to acknowledge receipt of the documents.

As a result, Florida Realtors updated the forms – Receipt of Condominium Documents (RCD-7) and Seller’s Property Disclosure Condominium (SPDC-2) – to reflect the new requirements.

The forms are available on Form Simplicity.

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