Fla. Admin. Code R. 62-821.007

Current through Reg. 50, No. 244; December 17, 2024

Section 62-821.007 - Purchase Agreements

(1) The form of the final negotiated purchase shall be a written Purchase Agreement that is signed by the Owner(s), the Recipient and the Trust.

(2) The Trust will prepare and use any form of Purchase Agreement as meeting the intent of all applicable laws and this rule chapter.

(3) The Trust shall develop a model standard Purchase Agreement.

(4) The Trust shall obtain all disclosures of beneficial interest required in Section 286.23, F.S., before entering into a Purchase Agreement.

Fla. Admin. Code Ann. R. 62-821.007

Rulemaking Authority 380.507(11), 380.5105(2) FS. Law Implemented 259.105, 380.501-.515 FS.

New 11-25-08, Formerly 9K-10.007.