Definition: The governing and disclosure materials describing a condominium, its ownership structure, association, finances, rules, and other required information.
Example
A buyer reviews the declaration, bylaws, budget, rules, and applicable statutory disclosures before purchase.
Keep the distinction clear
A listing description or association brochure is not a substitute for the required documents. Delivery and cancellation rights depend on the transaction and current Florida law.
Related terms
Declaration of Condominium · Bylaws · Common Elements (Condominium)
Keep studying
Condominium Ownership: Your Unit and the Common Elements
References: Florida Statutes 718.503: condominium disclosures · Florida Statutes 718.104: condominium declarations
Pronunciation (US): kon-duh-MIN-ee-um DOK-yoo-munts (capitals show stress)
Pronunciation reference: Merriam-Webster
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