Florida Disclosure in Sarasota
Florida's Johnson v. Davis disclosure standard requires sellers to disclose all known material facts that affect property value and are not readily observable. Sarasota sellers should address these specifically:
Flood Zone
Sarasota's coastal areas — Siesta Key, Lido Key, Bird Key, Longboat Key — have significant flood zone exposure. Disclose FEMA flood zone designation, flood insurance requirements, and current annual flood insurance premium. Obtain an elevation certificate if you don't have one.
Deed Restrictions
Many Sarasota communities have deed restrictions or CC&Rs that limit use (rental restrictions, pet policies, vehicle storage, structure modifications). Disclose all applicable restrictions and provide copies to buyers. Failing to disclose deed restrictions is a common source of post-closing disputes.
HOA Estoppel
If in an HOA or condo association, Florida law requires an estoppel letter from the association showing current fees, unpaid amounts, and pending assessments. Request it as soon as you have a buyer — HOAs charge $100–$250 and have up to 15 days to deliver.
Environmental
Sarasota is near waterways and bays. Red tide, water quality issues, and coastal erosion are concerns buyers ask about. Disclose any known environmental issues affecting the property.
Download FL HOA estoppel and disclosure forms at byownerhub.com/sarasota#disclosures.