What does condo termination mean for a unit owner?

A termination plan is a written instrument with statutory contents, execution, recording, notice, and challenge provisions under §718.117(9), (10), and (16).

An ordinary unit sale transfers one owner’s interest under a purchase contract; condominium termination changes the condominium ownership structure under §718.117.

• Obtain the recorded declaration and amendments before drawing a property-specific conclusion under §718.117.
• Obtain any recorded plan of termination and its exhibits; the statutory contents appear in §718.117(9).
• Verify recording information, notices, title interests, and any filed proceeding against the official record under §718.117(9), (10), and (16).
• Have Florida counsel interpret voting, allocation, title, objection, and challenge provisions for that declaration and plan under §718.117.

Use the special-assessment guide to separate an assessment record from termination under §718.117.

Use the association-litigation guide to organize a pending case separately from a recorded termination plan under §718.117.

Review the current-law overview in the Florida condo laws guide, including §718.117.