Developer Turnover is the transfer of control of residential associations from developers to homeowners. In Florida, this process is regulated for Condominiums by statute 718.301 – transfer of association control; claims of defect by association. The statute requires developers to turn over control of the board of directors to homeowners when a certain threshold of units within a condominium has been sold to non-developer homeowners. Moreover, developers are required to provide associations with specific documents and reports, including an engineering report. The engineering report is a critical document that identifies and attests to the required maintenance, useful life, and replacement costs of specific applicable common elements, based on an inspection by a Florida Registered Architect or Florida licensed Professional Engineer.