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Fla. Stat. § 719.614

Economic information to be provided

Known as the Roth Cooperative Conversion Act

The act spans §§ 719.604 to 719.622 (11 sections).

History.--s. 7, ch. 80-3; s. 16, ch. 85-60; s. 19, ch. 94-350.

The developer shall distribute to tenants having a right of first refusal, if any:

(1) Information in summary form regarding mortgage financing; estimated down payment; alternative financing and down payments; monthly payments of principal, interest, and real estate taxes; and federal income tax benefits.

(2) Any other information which the division publishes and by rule determines will assist tenants in making a decision and which the division makes available to the developer.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.