The 2023 Florida Statutes (including Special Session C)

Title XL
REAL AND PERSONAL PROPERTY

Chapter 689
CONVEYANCES OF LAND AND DECLARATIONS OF TRUST

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F.S. 689.261

689.261 Sale of residential property; disclosure of ad valorem taxes to prospective purchaser.—

(1) A prospective purchaser of residential property must be presented a disclosure summary at or before execution of the contract for sale. Unless a substantially similar disclosure summary is included in the contract for sale, a separate disclosure summary must be attached to the contract for sale. The disclosure summary, whether separate or included in the contract, must be in a form substantially similar to the following:

PROPERTY TAX
DISCLOSURE SUMMARY

BUYER SHOULD NOT RELY ON THE SELLER’S CURRENT PROPERTY TAXES AS THE AMOUNT OF PROPERTY TAXES THAT THE BUYER MAY BE OBLIGATED TO PAY IN THE YEAR SUBSEQUENT TO PURCHASE. A CHANGE OF OWNERSHIP OR PROPERTY IMPROVEMENTS TRIGGERS REASSESSMENTS OF THE PROPERTY THAT COULD RESULT IN HIGHER PROPERTY TAXES. IF YOU HAVE ANY QUESTIONS CONCERNING VALUATION, CONTACT THE COUNTY PROPERTY APPRAISER’S OFFICE FOR INFORMATION.

(2) Unless included in the contract, the disclosure summary must be provided by the seller. If the disclosure summary is not included in the contract for sale, the contract for sale must refer to and incorporate by reference the disclosure summary and include, in prominent language, a statement that the potential purchaser should not execute the contract until he or she has read the disclosure summary required by this section.

History.—s. 5, ch. 2004-349.

F.S. 689.261 on Google Scholar

F.S. 689.261 on Casetext

Amendments to 689.261

Arrestable Offenses / Crimes under Fla. Stat. 689.261

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 689.261.

Annotations, Discussions, Cases:

Cases from cite.case.law:

AIKIN, v. WCI COMMUNITIES, INC. a, 26 So. 3d 691 (Fla. Dist. Ct. App. 2010)

. . . terminating the contract because WCI had failed to comply with the disclosure requirements of section 689.261 . . .

MAILLOUX v. BRIELLA TOWNHOMES, LLC, a, 3 So. 3d 394 (Fla. Dist. Ct. App. 2009)

. . . Briella’s failure to provide an ad valorem tax disclosure summary pursuant to Florida Statutes section 689.261 . . . In the alternative, the Maillouxes sought to revoke their purchase contract pursuant to section 689.261 . . .