When an owner sells a unit, section 718.503 has the seller provide the declaration, articles, bylaws and rules, the annual budget and financial statement, the FAQ sheet, the milestone inspection summary if there is one, and the most recent structural integrity reserve study or a statement that none exists. A buyer who did not have them at least 7 business days before signing can cancel within 7 business days.
The reserve study comes from section 718.112(2)(g): buildings three or more habitable stories tall need one at least every 10 years, covering the roof, structure, fireproofing, plumbing, electrical, waterproofing and painting, and windows and exterior doors. For budgets adopted from December 31, 2024, owners can no longer vote to skip those reserves. This is general information, not legal advice; talk to a Florida community-association attorney about your building.