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Florida Community Association Manager Prelicensure Course | Questions and Correct Answers | Latest Update 2024/2025

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Florida Community Association Manager Prelicensure Course | Questions and Correct Answers | Latest Update 2024/2025 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. cooperativeC. 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

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