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2026-2027
In an emergency an HOA Can not
contract, on behalf of a member for items of services for which the member is
individually responsible.
Condominium members may vote to terminate the association if:
cost to make necessary repairs so that the property meets code is too high.
If there are more than _____ units, or the budget exceeds $, the manager must be
licensed through DBPR as a community Association Manager
40/$100,000
How many members are there on the Regulatory Council of Condominium
Managers?
7 members appointed by the Governor of the State
Cooperative
A type of joint ownership of real estate where an individual purchases shares
of stock in a corporation, which gives the purchaser the right to occupy a unit
under a proprietary lease.
,When is a condominium created?
When its declaration of covenants is recorded in the public records of the
county in which the property is located.
Timeshare
a community that permits units to be owned and occupied for fixed period of
time in a given year.
A cooperative or HOA may suspend the voting rights of a unit or member due to
nonpayment of any monetary 26 obligation due to the association, which is
more than 90 days delinquent.
True
A condominium may suspend the voting rights of a member that owes more
than $1,000 of any fee, fine, or other 28 mandatory obligation that is more
than 90 days delinquent. The condominium must provide proof of the amount
29 owed to the unit owner 30 days before such suspension takes effect.
True
Who can vote at Member Meetings
Members are guaranteed the right to vote when they purchase in a community
association. However, the association may remove the right to vote under
certain circumstances.
,The association bylaws may provide for terms longer than 1 year
True
The Cooperative and HOA Acts are silent with respect to term limits
True
The Condominium Act restricts directors to a maximum of four consecutive 2-year
terms, unless approved by an affirmative vote of two-thirds TVI or unless there
are not enough eligible candidates to fill the vacancies on the board. The statute
does not address 1-
year terms or whether the new limits on 2-year terms are retroactive or applies
to terms beginning after July 1, 2017. You should check with the associations
attorney.to
True
Provides the rules for distribution of condominium or association property and
proceeds from the sale of condominium and association property.
FS 718.117
The termination of a condominium does not change the corporate status of the
association.
True
The official records of a community association must be maintained within the
state, for a minimum of 7 years, unless otherwise stated in the applicable statute.
True
, Official records must be made available to members for inspection or
photocopying within 45 miles of the community association or within the
county in which the
association is located.
True
By July 1, 2018, a condominium with 150 or more units, which does not manage
timeshare units, must create a website, if it does not already have one.
True
What must an association's website include?
an independent website or web portal wholly owned and operated by the
association, or
• a website or web portal operated by a third-party provider with whom the
association owns, leases, rents, or otherwise obtains the right to operate a
web page, subpage, web portal or collection of subpages or web portals.
information provided to any person, other than a unit or parcel owner, by the
association, is legally binding, even if factually incorrect.
True
An association is required to issue an estoppel certificate within 10 business
days after receipt of a written or electronic request from a unit or parcel
owner, the unit or parcel owner's designee, the unit's or parcel's mortgagee, or 2
the unit's or parcel's mortgagee's designee. Any fee charged by the association is
waived if the estoppel certificate is not
issued within that period.
True