Transfer notice to parents

Definition

Florida makes the seller tell every parent a week before the center changes hands.

Why It Matters

One week before the transfer of ownership of a child care facility or family child care home, Florida requires the transferor to notify the parent or caretaker of each child. That turns a private closing into a public one. It also puts the enrollment at risk in the seven days a buyer can least afford it. Plan the letter with the seller and have the answer ready before it lands, because the first thing a parent asks is whether the teachers are staying.