Florida Community Association Manager Practice Exam

Can a developer charge a fee for the initial set of documents?

1. Yes, they can

2. No, they may not

3. Only for certain documents

4. Depends on the size of the development

The correct answer is: No, they may not

In Florida, under Chapter 718 of the Florida Statutes, concerning condominium associations, a developer cannot charge a fee for providing the initial set of documents to purchasers. This is aligned with the principle that purchasers should have access to essential information about the community, including governing documents, without being subjected to a financial barrier. The provision aims to ensure transparency and protect consumers, making it mandatory for developers to supply these necessary documents for free. This principle is similarly supported by regulations governing other types of community associations, including cooperatives and homeowners' associations. This policy serves to facilitate informed decision-making for potential buyers and to promote fair practices in the development of community associations.