Community Association Manager Licensing – 2025/2026
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Community Association (Definition) - correct answera residential homeowners'
association in which membership is a condition of ownership (mandatory) of a unit in a
planned unit development, or of a lot for a home or a mobile home, or of a townhouse,
villa, condominium, cooperative, or other residential unit which is part of a residential
development scheme and which is authorized to impose a fee (assessment) which may
become a lien on the parcel.
Assessment - correct answerThe amount of money a unit or parcel owner pays for their
share of the expenses of the community association. The statute allows association to
file an assessment lien against the unit or parcel if unpaid.
Condominium - correct answerthat form of ownership of real property created pursuant
to this chapter (Section 718), which is comprised entirely of units that may be owned by
one or more persons, and in which there is, appurtenant to each unit, an undivided
share in common elements
What does a condo association own? What is deeded in the association's name? -
correct answerNothing. NOTHING. The association is responsible for the insurance and
maintenance, but it has no deed in its name.
Who owns the common elements in a condominium association? - correct answerAll the
owners own common elements jointly.
Cooperative (definition) - correct answerthat form of ownership of real property wherein
legal title is vested in a corporation or other entity and the beneficial use is evidenced by
an ownership interest in the association and a lease or other muniment of title or
possession granted by the association as the owner of all the cooperative property.
In a cooperative, how many deeds are there? - correct answerThere is one deed. Title
to all the real estate is owned by the corporation. Each shareholder receives a
Shareholder's Certificate as evidence of their capital contribution to the corporation.
In what type of community association would an owner have a shareholder's certificate?
- correct answerCooperative. Owner has a shareholder's certificate if they are part of
the cooperative.
Shareholder's Certificate (definition) - correct answerWhat is the evidence of an owner's
capital contribution to the cooperative corporation. This entitles the owner to sign a
,Proprietary Lease with the corporation for the exclusive use of the air space for their unit
or pad.
Proprietary Lease (definition) - correct answergives an owner (in a coop) the exclusive
use of the air space for their unit or pad.
Homeowners' Association (definition) - correct answera Florida corporation responsible
for the operation of a community or a mobile home subdivision in which the voting
membership is made up of parcel owners or their agents, or a combination thereof, and
in which membership is a mandatory condition of parcel ownership, and which is
authorized to impose assessments that, if unpaid, may become a lien on the parcel. The
term "homeowners' association" does not include a community development district
(CDD) or other similar taxing district created pursuant to statute.
Who owns deeds in an HOA? - correct answerEach parcel owner has a deed to their
individual parcel. The corporation has common areas or property deeded in the
corporation's name.
Who owns the dirt on a parcel in an HOA? - correct answerThe homeowner owns the
dirt on THEIR parcel. HOA owns the dirt on COMMON parcels.
Chapter 607 (definition) - correct answerFlorida For Profit Corporate Act that governs
For Profit corporations
Chapter 617 (definition) - correct answerFlorida Not For Profit Corporate Act that
governs Not For Profit corporations
Statute 718 - correct answerGoverns Condominiums
Statute 719 - correct answerGoverns Cooperatives
Statute 720 - correct answerGoverns Homeowners' Associations
Statute 721 - correct answerGoverns Timeshare Plans
Common Elements (definition) - correct answerthe portions of the condominium
property not included in the units
Examples of Common Elements - correct answerdrywall, plumbing, electrical inside the
walls, clubhouse, pool, streets, etc.
In which type of corporation (community association) would the term "common
elements" be used? - correct answerCondominium
,Limited Common Elements (definition) - correct answerthose common elements which
are reserved for the use of a certain unit or units to the exclusion of all other units (ie.
assigned parking space, private balcony, private elevator, etc.)
Examples of Limited Common Elements - correct answerbalcony, private elevator, patio
connected to a unit, assigned parking space, storage unit, boat slip, etc.
Common Areas (definition) - correct answerthe portions of the cooperative property not
included in the units (ie. clubhouse, pool, streets)
For what type of association is the term "Common Areas" used? - correct
answerCooperative.
Limited Common Areas (definition) - correct answerthose common areas which are
reserved for the use of a certain cooperative unit or units to the exclusion of other units
(ie. balcony, private elevator, patio connected to the unit, etc.)
Examples of Limited Common Areas - correct answerbalcony, private elevator, patio
connected to the unit, assigned parking space, storage unit, boat slip, etc.
Association Property (definition) - correct answerall real property within a community
which is owned or leased by an association or dedicated for use or maintenance by the
association or its members.
Short Version: property shared by all the owners in a homeowners' association (also
referred to as common property or common area)
Examples of Association Property (common areas or common property) - correct
answerPool, clubhouse, streets, park, entrance feature, etc.
Who owns the paint, tile, and carpet in a condominium? - correct answerThe
homeowner. The homeowner owns the air space from the drywall and floor inwards.
Who owns the drywall and floor baseboards/concrete in a condominium? - correct
answerEVERYONE. Every owner in the condo owns these common elements.
In a Cooperative, what deeds/certificates does an owner possess? - correct
answerTheir building deed (ie. mobile home deed), Shareholders Certificate (for proof
they made capital contribution), and their Proprietary Lease (so they have the right to
their specific space)
If someone lives in a cooperative community, but isn't a Shareholder, what deeds to
they possess? - correct answerTheir building deed (ie. mobile home deed), and a rental
agreement with the cooperative so they RENT their space that their mobile home is on.
Or they RENT the space their unit is in/on.
Voting Interest (definition) - correct answerAn owner/member in an association.
, What governing documents can be changed to allow associations to impose rules or
regulations for the use of common elements/areas? - correct answerusually the
Proprietary Lease or Bylaws
Who can adopt new rules and regulations? - correct answerThe Board of Directors
(AKA Board of Administration)
Any fee charged for the use of common areas (ie. pool passes or gate keys) must be
approved by... - correct answera majority vote of the members (or allowed for in the
governing documents)
"Big Vote" - correct answermajority vote of members
"Little Vote" - correct answermajority vote of members present (quorum normally has to
be met)
A vote is not required to assess fees for exclusive use of common elements/areas, such
as... - correct answerrental of the clubhouse for a private party
Where is the term "unit" used? - correct answerCondominium
Where is the term "parcel" used? - correct answerHomeowners' Assoc.
Where is the term "share" used? - correct answerCooperative
Appurtenance (definition) - correct answeradditional rights or accessory rights
(privileges) that go with the ownership of property in a community association and
include:
-Undivided share in common elements and common surplus
-Exclusive rights to the common elements as provided in the declarations
-Exclusive easement for use of the airspace occupied by the unit as it exists at any
particular time and as the unit may lawfully be altered or reconstructed from time to time
-Membership in the association designated in the declaration
-other appurtenances as provided in the declaration
Examples of "other appurtenances" include: - correct answerUse of a golf course
membership, ability to rent your home/unit, and potentially a view
Covenant (definition) - correct answera commitment, agreement, or contract that grants
a right or imposes a restriction on the real estate property or its owner. Covenants and
restrictions maintain the quality of the property and lifestyle of the community.
These covenants run with the LAND
When purchasing a condo unit, cooperative share, or parcel, owners and their family
members and guests agree to occupy, use, and maintain their property in accordance
Updated Exam Prep & Study Guide | 100% Pass Guarantee
Community Association (Definition) - correct answera residential homeowners'
association in which membership is a condition of ownership (mandatory) of a unit in a
planned unit development, or of a lot for a home or a mobile home, or of a townhouse,
villa, condominium, cooperative, or other residential unit which is part of a residential
development scheme and which is authorized to impose a fee (assessment) which may
become a lien on the parcel.
Assessment - correct answerThe amount of money a unit or parcel owner pays for their
share of the expenses of the community association. The statute allows association to
file an assessment lien against the unit or parcel if unpaid.
Condominium - correct answerthat form of ownership of real property created pursuant
to this chapter (Section 718), which is comprised entirely of units that may be owned by
one or more persons, and in which there is, appurtenant to each unit, an undivided
share in common elements
What does a condo association own? What is deeded in the association's name? -
correct answerNothing. NOTHING. The association is responsible for the insurance and
maintenance, but it has no deed in its name.
Who owns the common elements in a condominium association? - correct answerAll the
owners own common elements jointly.
Cooperative (definition) - correct answerthat form of ownership of real property wherein
legal title is vested in a corporation or other entity and the beneficial use is evidenced by
an ownership interest in the association and a lease or other muniment of title or
possession granted by the association as the owner of all the cooperative property.
In a cooperative, how many deeds are there? - correct answerThere is one deed. Title
to all the real estate is owned by the corporation. Each shareholder receives a
Shareholder's Certificate as evidence of their capital contribution to the corporation.
In what type of community association would an owner have a shareholder's certificate?
- correct answerCooperative. Owner has a shareholder's certificate if they are part of
the cooperative.
Shareholder's Certificate (definition) - correct answerWhat is the evidence of an owner's
capital contribution to the cooperative corporation. This entitles the owner to sign a
,Proprietary Lease with the corporation for the exclusive use of the air space for their unit
or pad.
Proprietary Lease (definition) - correct answergives an owner (in a coop) the exclusive
use of the air space for their unit or pad.
Homeowners' Association (definition) - correct answera Florida corporation responsible
for the operation of a community or a mobile home subdivision in which the voting
membership is made up of parcel owners or their agents, or a combination thereof, and
in which membership is a mandatory condition of parcel ownership, and which is
authorized to impose assessments that, if unpaid, may become a lien on the parcel. The
term "homeowners' association" does not include a community development district
(CDD) or other similar taxing district created pursuant to statute.
Who owns deeds in an HOA? - correct answerEach parcel owner has a deed to their
individual parcel. The corporation has common areas or property deeded in the
corporation's name.
Who owns the dirt on a parcel in an HOA? - correct answerThe homeowner owns the
dirt on THEIR parcel. HOA owns the dirt on COMMON parcels.
Chapter 607 (definition) - correct answerFlorida For Profit Corporate Act that governs
For Profit corporations
Chapter 617 (definition) - correct answerFlorida Not For Profit Corporate Act that
governs Not For Profit corporations
Statute 718 - correct answerGoverns Condominiums
Statute 719 - correct answerGoverns Cooperatives
Statute 720 - correct answerGoverns Homeowners' Associations
Statute 721 - correct answerGoverns Timeshare Plans
Common Elements (definition) - correct answerthe portions of the condominium
property not included in the units
Examples of Common Elements - correct answerdrywall, plumbing, electrical inside the
walls, clubhouse, pool, streets, etc.
In which type of corporation (community association) would the term "common
elements" be used? - correct answerCondominium
,Limited Common Elements (definition) - correct answerthose common elements which
are reserved for the use of a certain unit or units to the exclusion of all other units (ie.
assigned parking space, private balcony, private elevator, etc.)
Examples of Limited Common Elements - correct answerbalcony, private elevator, patio
connected to a unit, assigned parking space, storage unit, boat slip, etc.
Common Areas (definition) - correct answerthe portions of the cooperative property not
included in the units (ie. clubhouse, pool, streets)
For what type of association is the term "Common Areas" used? - correct
answerCooperative.
Limited Common Areas (definition) - correct answerthose common areas which are
reserved for the use of a certain cooperative unit or units to the exclusion of other units
(ie. balcony, private elevator, patio connected to the unit, etc.)
Examples of Limited Common Areas - correct answerbalcony, private elevator, patio
connected to the unit, assigned parking space, storage unit, boat slip, etc.
Association Property (definition) - correct answerall real property within a community
which is owned or leased by an association or dedicated for use or maintenance by the
association or its members.
Short Version: property shared by all the owners in a homeowners' association (also
referred to as common property or common area)
Examples of Association Property (common areas or common property) - correct
answerPool, clubhouse, streets, park, entrance feature, etc.
Who owns the paint, tile, and carpet in a condominium? - correct answerThe
homeowner. The homeowner owns the air space from the drywall and floor inwards.
Who owns the drywall and floor baseboards/concrete in a condominium? - correct
answerEVERYONE. Every owner in the condo owns these common elements.
In a Cooperative, what deeds/certificates does an owner possess? - correct
answerTheir building deed (ie. mobile home deed), Shareholders Certificate (for proof
they made capital contribution), and their Proprietary Lease (so they have the right to
their specific space)
If someone lives in a cooperative community, but isn't a Shareholder, what deeds to
they possess? - correct answerTheir building deed (ie. mobile home deed), and a rental
agreement with the cooperative so they RENT their space that their mobile home is on.
Or they RENT the space their unit is in/on.
Voting Interest (definition) - correct answerAn owner/member in an association.
, What governing documents can be changed to allow associations to impose rules or
regulations for the use of common elements/areas? - correct answerusually the
Proprietary Lease or Bylaws
Who can adopt new rules and regulations? - correct answerThe Board of Directors
(AKA Board of Administration)
Any fee charged for the use of common areas (ie. pool passes or gate keys) must be
approved by... - correct answera majority vote of the members (or allowed for in the
governing documents)
"Big Vote" - correct answermajority vote of members
"Little Vote" - correct answermajority vote of members present (quorum normally has to
be met)
A vote is not required to assess fees for exclusive use of common elements/areas, such
as... - correct answerrental of the clubhouse for a private party
Where is the term "unit" used? - correct answerCondominium
Where is the term "parcel" used? - correct answerHomeowners' Assoc.
Where is the term "share" used? - correct answerCooperative
Appurtenance (definition) - correct answeradditional rights or accessory rights
(privileges) that go with the ownership of property in a community association and
include:
-Undivided share in common elements and common surplus
-Exclusive rights to the common elements as provided in the declarations
-Exclusive easement for use of the airspace occupied by the unit as it exists at any
particular time and as the unit may lawfully be altered or reconstructed from time to time
-Membership in the association designated in the declaration
-other appurtenances as provided in the declaration
Examples of "other appurtenances" include: - correct answerUse of a golf course
membership, ability to rent your home/unit, and potentially a view
Covenant (definition) - correct answera commitment, agreement, or contract that grants
a right or imposes a restriction on the real estate property or its owner. Covenants and
restrictions maintain the quality of the property and lifestyle of the community.
These covenants run with the LAND
When purchasing a condo unit, cooperative share, or parcel, owners and their family
members and guests agree to occupy, use, and maintain their property in accordance
