FL COMMUNITY ASSOCIATION
MANAGEMENT GRADED APLUS QUESTION
COLLECTION WITH DETAILED SOLUTION
COVERAGE
●● Community Association function
Answer: is to preserve, maintain, and enhance the property, association,
and assets.
●● A community association serves
Answer: as the management entity. Members elect the board of directors
to operate and govern the community. Rights are responsibilities are
govern by Florida Status.
●● Florida Statues organize each community association as a
corporation
Answer: granting those powers that are normally vested in corporations,
such a;
-budgeting for the maintenance and operation of the property,
association, and assets
-collecting the necessary funds to carry out its duties
-entering into contract, hiring employees, and taking other measures as
needed to meet its objectives
, ●● The board has management authority
Answer: -It makes collective decisions at board meetings
-no one board member can act on behalf of the community association,
unless that authority is delegated by the board, or as defined by the
community associations's documents
-the board elects officers, 65f66 who have certain authority under the
documents
-Generally, officers are charged with carrying out the day to day
operations of the community association and implementing decisions of
the board.
●● Manager or Management Firm
Answer: Under Florida law, the board may delegate certain
responsibilities to a manager or management firm. The board may never
delegate its responsibility for decision making.
●● Community Association Manager (CAM)
Answer: In Florida, a person who is licensed to provide management
services to a community association.
●● Community Association Management Firm Or Business (CAB)
Answer: A firm that provides community association management
services.
MANAGEMENT GRADED APLUS QUESTION
COLLECTION WITH DETAILED SOLUTION
COVERAGE
●● Community Association function
Answer: is to preserve, maintain, and enhance the property, association,
and assets.
●● A community association serves
Answer: as the management entity. Members elect the board of directors
to operate and govern the community. Rights are responsibilities are
govern by Florida Status.
●● Florida Statues organize each community association as a
corporation
Answer: granting those powers that are normally vested in corporations,
such a;
-budgeting for the maintenance and operation of the property,
association, and assets
-collecting the necessary funds to carry out its duties
-entering into contract, hiring employees, and taking other measures as
needed to meet its objectives
, ●● The board has management authority
Answer: -It makes collective decisions at board meetings
-no one board member can act on behalf of the community association,
unless that authority is delegated by the board, or as defined by the
community associations's documents
-the board elects officers, 65f66 who have certain authority under the
documents
-Generally, officers are charged with carrying out the day to day
operations of the community association and implementing decisions of
the board.
●● Manager or Management Firm
Answer: Under Florida law, the board may delegate certain
responsibilities to a manager or management firm. The board may never
delegate its responsibility for decision making.
●● Community Association Manager (CAM)
Answer: In Florida, a person who is licensed to provide management
services to a community association.
●● Community Association Management Firm Or Business (CAB)
Answer: A firm that provides community association management
services.
