(a) In the event of a resale of a unit by a unit owner other than a declarant, the unit owner shall furnish to a purchaser before execution of any purchase agreement for a unit, or otherwise before conveyance, a copy of the declaration, other than the condominium plat, the bylaws, the rules and regulations of the association, and any amendments thereto, and a certificate dated not more than 90 days prior to the date of the purchase agreement or otherwise before conveyance, containing:
- (1) a statement disclosing any right of first refusal or other restraint on the free alienability of the unit contained in the declaration, bylaws, rules and regulations, or any amendment thereof;
- (2) a statement setting forth the amount of periodic installments of common expense assessments and special assessments and any unpaid common expense or special assessment currently payable;
- (3) a statement of any other fees payable by unit owners;
- (4) a statement of any capital expenditures approved by the association for the current and next succeeding two fiscal years;
- (5) a statement that a copy of the condominium plat and any amendments thereof are available in the office of the association for inspection;
- (6) a statement of the amount of any reserves for capital expenditures and of any portions of those reserves designated by the association for any specified projects;
- (7) the most recent regularly prepared balance sheet and income and expense statement, if any, of the association;
- (8) the current budget of the association;
- (9) a statement of any judgments against the association and the status of any pending suits to which the association is a party;
- (10) a statement describing any insurance coverage provided for the benefit of unit owners.