Florida Community Association Manager
Exam Practice Questions And Correct
Answers (Verified Answers) Plus Rationales
2025|2026 Q&A | Instant Download Pdf
1. What is the primary law governing community associations in Florida?
Florida Statutes Chapter 718 and 720
These chapters cover Condominium and Homeowners’ Associations
respectively, providing the legal framework for operation,
management, and governance.
2. Who is responsible for maintaining common areas in a community
association?
The association
The association is responsible for maintenance, repair, and upkeep of
common areas as part of its fiduciary duty to owners.
3. What type of insurance must a community association carry for
buildings?
, Property insurance covering the full replacement cost
Associations are required to maintain property insurance to protect
structures from risks like fire, windstorm, and other hazards.
4. What is a quorum in the context of association meetings?
The minimum number of members required to conduct official
business
A quorum ensures that decisions represent a sufficient proportion of
the membership, as defined in governing documents or statutes.
5. How often must a community association provide financial statements
to its members?
At least annually
Florida law requires annual financial reporting, though some
associations provide quarterly or monthly updates.
6. What is the role of the board of directors in a community association?
To govern and make decisions on behalf of the association
The board acts as the governing body, making decisions about
budgets, maintenance, rules enforcement, and association policies.
7. Can a board member be held personally liable for actions taken in
good faith?
No, if actions are within the scope of their duties and in good faith
Florida law provides limited immunity to board members for
decisions made honestly and within their legal authority.
,8. What is an assessment in a community association?
A fee levied on owners to fund association operations and reserves
Assessments cover maintenance, insurance, utilities, and reserve
funding for future repairs.
9. What is the process for amending an association’s governing
documents?
Approval by a specified percentage of members as outlined in the
documents
Typically, amendments require a supermajority vote (e.g., 2/3 or
75%) according to the governing documents.
10. What is the purpose of a reserve study?
To plan and fund future repairs and replacements of major
components
A reserve study estimates the remaining useful life of assets and
calculates the necessary funding to avoid special assessments.
11. Are electronic voting and notice allowed for association
meetings?
Yes, if the governing documents allow it
Florida law permits electronic communication and voting, provided
the association’s rules include these provisions.
12. What is the maximum late fee an association can charge in
Florida?
$25 or 5% of the assessment, whichever is greater
, Late fees are capped by law to protect homeowners from excessive
penalties.
13. How long must a community association retain official records?
At least 7 years for financial records
Certain records must be maintained to comply with statutory
requirements, including financial documents and meeting minutes.
14. Can an association foreclose on a unit owner for unpaid
assessments?
Yes, after proper notice and legal process
Florida law allows lien and foreclosure actions to collect unpaid
assessments, following statutory procedures.
15. What is the Sunshine Law in Florida?
A law requiring open meetings for government boards, including
some aspects for associations
While primarily for public bodies, associations must ensure
transparency in meetings, especially for certain notice and record-
keeping obligations.
16. Can board members be compensated for their service?
Yes, if allowed in the governing documents
Boards may pay stipends or reimburse expenses, but compensation
must comply with the association’s rules.
Exam Practice Questions And Correct
Answers (Verified Answers) Plus Rationales
2025|2026 Q&A | Instant Download Pdf
1. What is the primary law governing community associations in Florida?
Florida Statutes Chapter 718 and 720
These chapters cover Condominium and Homeowners’ Associations
respectively, providing the legal framework for operation,
management, and governance.
2. Who is responsible for maintaining common areas in a community
association?
The association
The association is responsible for maintenance, repair, and upkeep of
common areas as part of its fiduciary duty to owners.
3. What type of insurance must a community association carry for
buildings?
, Property insurance covering the full replacement cost
Associations are required to maintain property insurance to protect
structures from risks like fire, windstorm, and other hazards.
4. What is a quorum in the context of association meetings?
The minimum number of members required to conduct official
business
A quorum ensures that decisions represent a sufficient proportion of
the membership, as defined in governing documents or statutes.
5. How often must a community association provide financial statements
to its members?
At least annually
Florida law requires annual financial reporting, though some
associations provide quarterly or monthly updates.
6. What is the role of the board of directors in a community association?
To govern and make decisions on behalf of the association
The board acts as the governing body, making decisions about
budgets, maintenance, rules enforcement, and association policies.
7. Can a board member be held personally liable for actions taken in
good faith?
No, if actions are within the scope of their duties and in good faith
Florida law provides limited immunity to board members for
decisions made honestly and within their legal authority.
,8. What is an assessment in a community association?
A fee levied on owners to fund association operations and reserves
Assessments cover maintenance, insurance, utilities, and reserve
funding for future repairs.
9. What is the process for amending an association’s governing
documents?
Approval by a specified percentage of members as outlined in the
documents
Typically, amendments require a supermajority vote (e.g., 2/3 or
75%) according to the governing documents.
10. What is the purpose of a reserve study?
To plan and fund future repairs and replacements of major
components
A reserve study estimates the remaining useful life of assets and
calculates the necessary funding to avoid special assessments.
11. Are electronic voting and notice allowed for association
meetings?
Yes, if the governing documents allow it
Florida law permits electronic communication and voting, provided
the association’s rules include these provisions.
12. What is the maximum late fee an association can charge in
Florida?
$25 or 5% of the assessment, whichever is greater
, Late fees are capped by law to protect homeowners from excessive
penalties.
13. How long must a community association retain official records?
At least 7 years for financial records
Certain records must be maintained to comply with statutory
requirements, including financial documents and meeting minutes.
14. Can an association foreclose on a unit owner for unpaid
assessments?
Yes, after proper notice and legal process
Florida law allows lien and foreclosure actions to collect unpaid
assessments, following statutory procedures.
15. What is the Sunshine Law in Florida?
A law requiring open meetings for government boards, including
some aspects for associations
While primarily for public bodies, associations must ensure
transparency in meetings, especially for certain notice and record-
keeping obligations.
16. Can board members be compensated for their service?
Yes, if allowed in the governing documents
Boards may pay stipends or reimburse expenses, but compensation
must comply with the association’s rules.
