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Condominium Purchaser’s Cancellation Rights under Florida Statute section 718.503

Florida Statute section 718.503(1)(a)1. states, in relevant part, that a contract for the sale of a residential unit must: Contain the following legend in conspicuous type: … THIS AGREEMENT IS ALSO VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE OF THE BUYER'S INTENTION TO CANCEL WITHIN 15 DAYS AFTER THE DATE OF RECEIPT FROM THE DEVELOPER […]