NeilK (Florida)
Posts: 3
Posts: 3
Posted:
In florida if there is a change to a prospectus does the prospectus have to be approved by the state????
A service of:
Community123.com
Professional websites for HOAs & condos, since 2004
Professional websites for HOAs & condos, since 2004
🎁 1st year FREE for HOATalk members! →
prospectus
Started by NeilK • 1 replies • 1469 views
💬 Join us to post & get advice from 50,000 HOA & Condo leaders.
Create Free Account →
⚡ Takes 30 seconds
Already a member? Log in
TimB4 (Tennessee)
Posts: 21,062
Posts: 21,062
Posted:
FL Condominium law covers the Prospectus or offering circular under 718.504
From what I read in that statute, the prospectus is required to be filed with the Division of Florida Condominiums, Timeshares, and Mobile Homes prior to entering into a contract for the home. Being filed is not the same as the State having approval authority on the prospectus.
You may want to contact Division of Florida Condominiums, Timeshares, and Mobile Homes to check if approval is required.
Hope this helps,
Tim
From what I read in that statute, the prospectus is required to be filed with the Division of Florida Condominiums, Timeshares, and Mobile Homes prior to entering into a contract for the home. Being filed is not the same as the State having approval authority on the prospectus.
You may want to contact Division of Florida Condominiums, Timeshares, and Mobile Homes to check if approval is required.
Hope this helps,
Tim
🎯 You've read this entire discussion
Join the conversation with 50,000 HOA & Condo Leaders:
- ✓ Ask follow-up questions
- ✓ Share your experience
- ✓ Get expert advice
- ✓ Access 350,000 discussions
Create Free Account →
⚡ Takes 30 seconds
Already a member? Log in here