Concerning resale certificates for units in common interest communities.

Added a new exemption allowing unit owners to waive the right to receive a resale certificate if they expressly state it is unavailable as provided in the law.

Removed the provision stating that a purchase contract becomes voidable if the association fails to provide the resale certificate in a timely manner.

Simplified the cancellation rights language by removing the distinction between when a certificate is provided more than five days before execution versus five days or less before signing.

Updated the referenced statute year from 2024 to 2025 to reflect the current legislative session.

Updated the list of required documents to include the most recent financial audit report and removed the requirement to include the 'current draft' of a more recent report in section (h).

Simplified section (u) by removing the requirement to provide a summary of the reserve study and the most recent draft of a newer reserve study.

Removed the provision stating that unit owners are not liable to purchasers for erroneous information provided by the association.

Revised the cancellation rights for purchasers to be more specific about the five-day window after receiving the certificate and the ability to extend the closing date.

Added a new subsection (4)(a) stating that authorized agents are now liable for the accuracy, completeness, and timeliness of the resale certificate they provide.

Added a new subsection (4)(b) allowing unit owners to sue for violations of the resale certificate rules, with courts required to award attorneys' fees and costs to the prevailing unit owner.