RECENT EXAM 2026|2027 ACTUAL COMPLETE REAL
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After purchasing the mobile home park, the residents form a
community association and hire a paid manager. The manager
must be licensed under Part VIII of Chapter 468 if the budget of
the association exceeds:
A.$50,000
B.$75,000
C.$100,00
D.$125,000 - ANSWER-C.
The article of incorporation of a community association:
A.define the membership and voting rights of its members
B. Include the declaration of association
C. Include the association guidelines
D. Include the association code of conduct - ANSWER-A.
The informal or supplemental day-to-day guidelines
governing the proper
conduct of community association residents
are known as:
A.
Bylaws
,B. Code of
Conduct
C. Rules and
Regulations
D. Condominium guidlines -
ANSWER-C.
The basic structure and areas of responsibility of a
condominium association are established by the: A. Rules
and Regulations
B. Policies and
Procedures C. Articles
of Incorporation
D. Bylaws - ANSWER-C.
Agenda and notice requirements for both membership and
directors' meetings are found in the association's: A. Code of
conduct
B. Rules and Regulations
C. Resolution of procedures
D. Bylaws - ANSWER-D.
In the condominium and cooperative associations, the bylaws
must provide for at least three officers that are:
A. President, Vice President and Secretary
B. President, Vice President, Secretary and Treasurer
C. President, Vice President, and Treasurer
D. President, Secretary and Tresurer - ANSWER-D.
,The time, date and place of the annual condominium
membership meeting are
usually stated in
the:
A. Resolution of
procedures
B. Declaration of
condominium
C.
Bylaws
D. Rules and Regulations -
ANSWER-C.
Rules and regulations passed by the community association
board must be
_______________________________ to
be valid.
A.
Reasonable
B. Non-
discriminatory
C. Within the scope of their
authority
D. All of the above. -
ANSWER-D.
The residents of the Probate Condominium want to change the
way assessments are calculated. Modifications in the way
assessments are calculated must be approved by:
, A. All the owners and lien holders by written jointer
B. Board only
C. Association only
D. Department of State - ANSWER-A.
The Forever Cooperative Association was
created by the:
A.
Association
B. Board
C. Chapter 468,
F.S.
D. Developer -
ANSWER-D.
The Articles of Incorporation have been properly changed by
a membership
vote. To become effective, the must be
filed/recorded, with:
A. The clerk of the
court
B. The
Department
C. The Department of
State
D. Both A and C are correct -
ANSWER-D.