Are condo and HOA disclosure rules the same in Florida?
Use the free tool — HOA Docs Decoder
Short answer: no, they are two different laws
If you are buying in a Florida homeowners' association (HOA), your disclosure summary and your right to cancel come from Chapter 720 of the Florida Statutes, specifically Fla. Stat. 720.401. If you are buying a condominium, cooperative, timeshare, or mobile home park, that statute says plainly it does not cover you — your rights come from a different chapter. The rules are not interchangeable, and this guide covers only Chapter 720, HOAs.
The 3-day right to cancel — HOA purchases only
Under Fla. Stat. 720.401, if you were not given the community's disclosure summary before you signed the contract, you get a short window to void it.
- 3 days to void the contract, counted from receipt of the disclosure summary, or before closing — whichever is first.
- Florida says any purported waiver of this right has no effect.
- The right terminates at closing. It does not survive after you close.
This is general information, not legal advice. Whether this right applies to your specific contract is a question for a Florida community association attorney.
Condos, co-ops, timeshares, mobile home parks: a different statute
Fla. Stat. 720.401(2) says this HOA cancellation right does not apply to associations under Chapter 718 (condominiums), Chapter 719 (cooperatives), Chapter 721 (timeshares), or Chapter 723 (mobile home parks). A condo buyer's disclosure and cancellation rights come from Chapter 718, a separate statute.
- We do not have the Chapter 718 text in the material behind this tool, so we cannot give you the condo deadline or its numbers here.
- If you are buying a condo, cooperative, timeshare, or mobile home park, please do not rely on this guide or on HOA Docs Decoder — ask your closing agent or a Florida attorney what Chapter 718 (or the relevant chapter) requires for your purchase.
What Chapter 720 does — and does not — tell you
Chapter 720 is the Florida statute governing HOAs, including what the association may charge and enforce once you close. But it does not set your community's actual assessment amounts, rental restrictions, or pet rules — those come from your own declaration and bylaws.
- If your disclosure summary or covenants mention fees, rental limits, or pet restrictions, the exact dollar amounts and terms are in your community's own documents, not in the statute itself.
- Read your own governing documents, or ask the association directly, for anything not spelled out in what you were handed.
What to do next
Paste the disclosure summary or the covenants you were given into the free tool. It reads your own document — not a generic example — and points out the obligations, the money, and your deadline, if one applies. If your purchase is a condo, cooperative, timeshare, or mobile home park, say so; this tool is built for Chapter 720 HOAs and its answers do not apply to you. And if what you have is a violation notice or a fine from an association you already live in, that is a different tool — the HOA violation responder — not this one. None of this is legal advice; for anything contested, talk to a Florida community association attorney.
HOA Docs Decoder reads what you type and explains Florida Chapter 720 in plain language. It can be wrong, it is not legal advice, and it is not a substitute for reading your community's own declaration and bylaws, and it does not apply to condominiums, cooperatives, timeshares or mobile home parks, which have their own statutes. For anything contested, talk to a Florida community association attorney.