Fla. Admin. Code Ann. R. 62-819.010 - 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 or Recipient may prepare and
use any form of Purchase Agreement approved by the Trust as meeting the intent
of all applicable laws and this rule chapter.
(3) The Trust shall develop a model standard
Purchase Agreement that may be used by the party conducting the
negotiations.
(4) The party
responsible for negotiations shall obtain all disclosures of beneficial
interest required in Section
286.23, F.S., before entering
into a Purchase Agreement.
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