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Rider B – Part of the Comprehensive Riders to the Florida Realtors/Florida Bar Residential Contract for Sale and Purchase has Changed!

Posted by East Coast Realty Group on September 30, 2018
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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

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