Sample Condominium Estoppel
March 11, 20__
Mr. Samuel T.
Seller: Vivien A.
Buyer: Arnold D. & Benedetta D.
Dear Mr. T.:
Pursuant to Florida Statute 718.116(8), please furnish the following information signed by an officer or agent of the association stating all assessments and other moneys owed to the association by the present owner of the above unit, including the following:
1. With respect to maintenance, please advise:
A. How often is the maintenance payment due?
When will it be?
E. Amount of penalty for late payment if any
2. If there are other payments required, such as recreation lease or insurance fund, please give the information here:
3. With respect to special assessments, please advise:
A. Are there any unpaid special assessments against the unit?
If your answer was yes, please state:
1. The amount of the assessment $
B. Do you anticipate making a special assessment within the next 3 months or are there any major improvements planned?
If yes, please state the amount $ and the nature.
6. Please provide the name and telephone number for the Condominium’s Insurance Carrier.
7. Is there any litigation pending in which the Condominium is named as a party? If so, please describe.
8. Is there anything else you want us to know?
Dated this ___ day of __________________, 20XX,
Please forward this document to my office, via facsimile and U.S. Mail, upon completion. Thank you for your anticipated prompt attention to this matter.
Very truly yours,
Larry S. Tolchinsky, Esq.
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This is a sample Estoppel used for a specific condominium real estate closing and should not be used or relied upon for any real estate transaction. We recommend and urge you to consult with an experienced real estate lawyer for professional advice as each case is unique and the law is always changing.