Can I sell after Phase 2 findings or during resulting repairs?

Florida Statutes §553.899 requires a Phase 2 milestone inspection when Phase 1 identifies signs of substantial structural deterioration. Phase 2 performs testing needed to evaluate the condition and recommend a repair program. The inspection and any later repair work are separate stages.

The adverse Phase 1 guide addresses the finding that starts this process. This guide addresses the Phase 2 findings and any resulting repair record.

Collect the engineer’s scope, bids or signed contracts, permits, board authorization, funding source, assessment records, current schedule, notices, minutes, and completion documents that exist. Distinguish proposals from approvals and scheduled dates from completed work.

In-progress repairs, project condition, funding, reserves, and insurance may enter a buyer’s review. Only the buyer’s lender and insurance carrier decide their respective outcomes; sellers should provide the current record without predicting approval.

Date every status summary and replace it when the engineer, contractor, association, permit authority, or funding record changes. The purchase contract and professionals determine required disclosure and closing terms.

The milestone-versus-SIRS guide explains the two processes; the repair record belongs here.