We present equivalent conditions and asymptotic models for the diffraction problem ofelastic and acoustic waves in a solid medium surrounded by a thin layer of fluid medium.Due to the thinness of the layer with respect to the wavelength, this problem is wellsuited for the notion of equivalent conditions and the effect of the fluid medium on thesolid is as a first approximation local. We derive and validate equivalent conditions upto the fourth order for the elastic displacement. These conditions approximate theacoustic waves which propagate in the fluid region. This approach leads to solve onlyelastic equations. The construction of equivalent conditions is based on a multiscaleexpansion in power series of the thickness of the layer for the solution of thetransmission problem.