A Quick Guide to Condominium Association FAQ Sheets

The Florida Statutes and Florida Administrative Code provide that Condominium Associations must furnish to prospective buyers a Frequently Asked Questions Sheet (“FAQ Sheets”) that contains certain information. The following explains basic requirements regarding the information required within FAQ Sheets.

FAQ Sheet Basic Requirements Under Chapter 718, Fla. Stat., and Fla. Admin Code 61B-23.002

FAQ Sheet requirements begin all the way at the developer control stage, as §718.504, Florida Statutes, states that every developer of a residential condominium which contains more than 20 residential units, or which is part of a group of residential condominiums which will be served by property to be used in common by unit owners of more than 20 residential units, must furnish an FAQ Sheet to prospective buyers. The Florida Department of Business and Professional Regulation (“DBPR”) has promulgated a sample FAQ Sheet form, entitled DBPR form CO 6000-4. Under Fla. Admin Code 61B-23.002, associations must prepare and maintain as part of its official records, a completed FAQ Sheet that substantially conforms to DBPR form CO 6000-4. Moreover, Associations must update the information provided in FAQ Sheets and prepare revised FAQ Sheets every 12 months, beginning from when the sheet was last revised.

The duty to provide FAQ Sheets does not only apply to developers, as Florida Statutes Section 718.503 provides that each unit owner that is not a developer must provide a FAQ Sheet to a prospective buyer before selling a unit.

Section 718.504 Florida Statutes further provides the information that must be contained in an FAQ Sheet, including information regarding:
 

A prospective purchaser’s voting rights Unit use restrictions, including restrictions on the leasing of a unit Whether and in what amount the unit owners or the association is obligated to pay rent or land use fees for recreational or other commonly used facilities The amount of assessment which, pursuant to the budget, would be levied upon each unit type, exclusive of any special assessments

The basis upon which assessments are levied, whether monthly, quarterly, or otherwise Any court cases in which the association is currently a party of record in which the association may face liability in excess of $100,000 Whether the condominium is created within a portion of a building or within a multiple parcel building Whether membership in a recreational facilities association is mandatory, and if so, shall identify the fees currently charged per unit type

 

Answers to the questions posed above may be summary in nature, meaning that the answers may simply identify relevant portions of an Association’s Governing Documents (i.e., the Declaration of Condominium, Bylaws, Rules and Regulations).

While the content and administration of FAQ Sheets may seem rather innocuous, the failure to provide minimum information required under Florida Law and the Florida Administrative Code can raise significant stakes. What would happen if a buyer were to purchase a condominium based on the disclosures in a FAQ Sheet, only to later realize that those disclosures were incorrect or incomplete?

An illustrative example of litigation over disclosures is that of the case of Eugene and Debbie Friedlander v. Mark Kaplan. This October 2025 case, while not directly dealing with FAQ Sheets,  deals with a couple who purchased a condominium unit after the seller represented that there were no current or pending special assessments; and, if there were, the seller would pay for them. It turns out that there was a pending special assessment that the buyers become aware of five months after closing. The couple filed suit after the seller refused to pay the special assessments as promised under the sales contract, alleging that the community manager notified the buyer and all other unit owners of a planned special assessment to replace elevators in the condominium. While the court has yet to rule on this case and it did not directly hinge upon an FAQ Sheet, it demonstrates the  stakes of disclosure-based legal disputes that may become more prominent in the future.

* This Newsletter does not discuss estoppel certificates or governance forms, which are separate from FAQ Sheets, but are still important aspects of a condominium unit sale transaction *

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THE INFORMATION CONTAINED IN THIS ARTICLE HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES AND DOES NOT CONSTITUTE PROFESSIONAL ADVICE. YOU SHOULD NOT ACT UPON THE INFORMATION CONTAINED IN THIS ARTICLE WITHOUT OBTAINING SPECIFIC PROFESSIONAL ADVICE.