Florida Community Association Manager Prelicensure Course Solved 100%

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. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a: A. mobile home. B. cooperative C. mandatory homeowners' association. D. condominium - Answer B. The type of community association that permits individual units to be owned and occupied by different people during the year is a: A.time-share property. B.cooperative. C.phase condominium D.townhouse - Answer A. Appurtenances in a condominium or cooperative include rights of: A. use and access to all individual units. B. liens. C. the association's records. D. the use of and access to all easements, membership in the association, and assigned percentage of ownership in the common areas and any club membership rights. - Answer D. Any person or firm licensed under Part VIII of Chapter 468, Florida Statutes, is considered: A. responsible for management B. capable of performing community association management services. C. capable of transferring possessions and ownership of cooperative property. - Answer B. A homeowners' association where membership in the association is mandatory for all owners and the association has a lien right which is not a condominium or cooperative is regulated by provisions of which Florida statute? A. 648, F.S. B. 720, F.S. C. 721, F.S. D 735, F.S. - Answer B. A board member of a condominium or cooperative association may not accept anything of value providing goods or services to the association for his/her benefit or the benefit of his/her family except: A. for items received at trade fairs or educational programs B. when fully disclosed to all of the other board members. C. when received from a vendor who is also a relative. D. when the item received has a value of less than $500.00 - Answer A. The document that created an elaborate set of convenants and restrictions that establish basic rights and responsibilities of homeowners' assocaition members, residents and guests is the: A. Charter B. Bylaws. C. Articles. D. Declaration. - Answer D. Florida's Condominium Act and the Not-For-Profit Act require which document to establish procedures for carrying out the day-to-day operations of the association? A. Charter B. Bylaws. C. Declaration. D. Articles. - Answer B. The Condominium Act specifies that which of the following are reserved for exclusive use of certain owners? A. Common ares. B. Limited common elements. C. Recreation areas. D. Elevators - Answer B. The community association statute require that each association's governing documents be recoreded with which of the following to be effective? A. The Department of Business and Professional Regulation, B. The clear of the circuit court. C. The recording office. D. The Division of Florida Condominiums, Timeshares and Mobile Homes - Answer B. The Condominium Act gives which of the following the power to enforce and ensure compliance with the law? A. The Department of State. B. The directors of the associations. C. The Division of Florida Condominiums, Time Shares, and Mobile Homes. D. the clerk of the circuit court - Answer C. When an existing rental property is converted to a condominium, each tenant has: A. the statutory right to begin legal action against the developer. B. already been notified of his/her certain eviction. C. the right to continue to rent for an unspecified time. D. the right to extend his or her lease. - Answer D. Amendments to the homeowners' association declaration become effective when: A. recorded with the clerk of the circuit court. B. recorded with the Department of State C. recorded with the board. D. recorded with the Department of Business and Professional Regulation. - Answer A. The Bountiful Gardens Condominium wants to remove the swimming pool to save money. Which of the following would apply? A. The association should first check the language of the declaration as it applies to material modifications. B. The decision to remove property from the common elements is elft to the association officers. C. Only a majority vote of a quorum of the membership i required by statue to remove a common element. D. The association may never make such change according to F.S. 719. - Answer A. The owner-controlled board of the Flamingo Condominium wants to establish policies regarding exclusive use of the clubhouse of the condominium for private functions. Which document will give the board guidance on how to set up these policies? A. The articles of incorporation B. The declaration C. The DBPR Declaratory Statements D. The Florida Statue addressing private parties - Answer B. Rules adopted by the Division of Florida Condominium, Time Shares, and Mobile Homes are incorporated into: A. Chapter 723 F.S. B. Chapter 718 F.S. C. Chapter 719 F.S. D. The administrative code - Answer D. In a mandatory homeowners' association, the board must provide the members notice of a board meeting at least: A.20 days in advance B. 48 hours in advance C. 5 days in advance D. 4 days in advance - Answer B. The authority that makes it unlawful to discriminate against any person in terms, or conditions of sale or rental of a residence because of race, color, national origin, sex, handicap, religion, or familiar status is the: A. Equal Opportunity Act B. Real Estate Sales Act C. Fair Housing Act D. Florida Human Relations Act - Answer C. The property owned by all of the owners in a condominium is referred to as: A. Condominium Property B. The common elements C. Recreation property D. Owners' use property - Answer B. Which of the following mandatory homeowners' associations would not be subject to regulation by the special provisions of Chapter 720, F.S.? A. An association with 230 lots B. An association with annual assessments of $500 C. An association regulated by Chapter 718, F.S. D. There are no exclusions from regulation by this part of the statute - Answer C. Which of the following properties could be exempt from the prohibitions against discrimination based on familial status? A. A community with 100% of the residents over age 37. B. A community with all the residents age 62 or over. C. A community with 50% of its residents age 55 or over. D. A community that has amended its documents to provide that no children under the age of 12 are allowed in the community. - Answer B. Which of the following employers would be required to comply with the provisions of the Americans with Disabilities Act? A. A business with 5 employees B. A business with 40 employees C. A business with 2 employees D. All employers must comply with the Act - Answer B. Which of the following can occur at a community association's annual meeting? A. The members elect the board of directors B. The members hear reports on the status of the corporation C. The members may vote on any proposed issue that requires membership vote D. All of the above - Answer D. In a community association, if the documents are silent, transition must occur: A. Within three months after 90% of the units, parcels or shared have been sold to owners other than the developer B. When a majority of the units have been sold to purchasers other than the developer C. At the time a complaint is filed with the State D. At the point in time when the non-developer owners can get enough votes to throw out the developer - Answer A. Restrictive condominium covenants that's "run with the land" are effective unit the: A. Date indicated in the articles of incorporation B. Condominium is terminated C. Expiration of a 99-year lease D. Condominium bylaws are modified - Answer B. The Double Declining Condominium employs a maintenance coordinator who performs all of the maintenance and repairs. The association contains 178 units. Which applies? (Pg.6) A. As long as no other services are provided, the maintenance coordinator need not be licensed. B. The board of directors is responsible for supervising, the coordinator, so no license is required. C. Maintenance coordinators are licensed by the county and need not be licensed otherwise D. The maintenance coordinator must be licensed as a community association manager - Answer D. The Big Bucks condominium Association wants to pay their officers and directors for performing their services to encourage more of the members to participate in association activities. Which applies? A. Homeowners' associations formed under Florida's general corporate statute prohibit payment to officers and directors B. The Board of Governors should review the association documents to determine how the payment can be made C. Chapter 617, F.S. Prohibits payment to officers and directors in all cases. D. The board may pay officers only; directors may not receive any compensation - Answer B. The easements and common elements of a condominium are established in the: A. Florida Administrative Code B. Articles of Incorporation C. ByLaws D. Declaration - Answer D. Along with exclusive ownership of a single unit and joint ownership of common elements, the condominium concepts is made up of: A. An equal share of stock dividends for each unit owner B. Mandatory management by professionals C. Operations by the condominium association D. Mandatory regulations by Chapter 617, F.S. - 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. When a non-developer condo unit owner sells the unit, the purchases is allowed how many days to cancel the agreement? A. 15 days B. 30 days C. 3 days D. 10 days - Answer C. When a condominium unit is resold, the seller must provide to the purchaser: A. Only the Frequently Asked Question and Answer Sheet B. Only the declaration C. A copy of the Declaration, Articles, Bylaws, Rules of the Association, Frequently Asked Questions and Answer Sheet, the Division Governance Form and the most recent yearned financial information. D. Only the current budget - Answer C. The Condominium Act states that rent escalations clauses based on the C.P.I. Are: A. A great deal for the unit owners B. Unconscionable and unenforceable in a leasehold condominium C. Legal D. Legal if agreed to by the unit owners - Answer B. A cooperative developer failing to pay the required fee or make the proper filings to the division: A. May be fined $150 per unit B. May be fined $150 per day of delinquency C. May offer the units for sale D. May not offer the units for sale - Answer D.