Change in the law — Florida

Fla. Stat. §718.503: statute amended

In force from July 1, 2025 Published July 8, 2026 Session law or source Fla. Stat. §718.503 in full

HB 913 (2025), Chapter 2025-175, amended Fla. Stat. §718.503(2)(d) to raise the nondeveloper (resale) buyer cancellation period from 3 days to 7 days (excluding Saturdays, Sundays, and legal holidays). The FL condo resale-certificate compliance profile (fl_condo_718) and the corpus threshold FL_CONDO_BUYER_CANCEL_DAYS were corrected from 3 to 7 to match. The corpus had carried the stale pre-amendment value of 3 days; this event records the correction and its primary-source basis. Effective for contracts executed on or after July 1, 2025.

CommunityPay monitors official state legislature sites and court systems daily for changes to HOA and condominium law. Each change is reviewed against the official text before it is published here. This record is informational; consult a licensed attorney for advice on a specific situation.
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