Exam Fully Solved 2025-2026 Updated.
Annual Meeting Primary purpose - Answer 1. Review business affairs
2. Vote on Budget
3. Amending Docs
What is a special Mtg? - Answer limited in scope to the purpose for which it is called
Procedures leading up to Notice of Membership Mtgs - Answer 1. Verify member owner list
2. check w/Clerk of the Court records for owner
3. Check recent sales if the member list inaccurate
4. Use member on record @ last known address
5. Member responsible to update accurate contact & mailing address to Com Assoc.
Meeting Notice for Annual/Special - Answer 1. Date/time
2. place /address
3. type of mtg
4. include proposed budget if budget mtg (condo/coop)
5. BOD voting on assessment then include breakdown of special assessment
6. amendments to docs - w/copies
7. condo/coop detailed agenda
Meeting Notice should notify members - Answer 14 days notice to members, not including
day of meeting, except if special emergency mtg
If posted on physical property then broadcasted - Answer then broadcast at least 4 times
every hour of each day the posted notice is required. Must give significant time to read the
notice and must be legible - no funky colors or color blocks.
Quorum Requirements for Condo/Coop include - Answer - a majority total voting interests
TVI or 50% + 1
- BOD 50% + 1
- unit owners 50% + 1
Quorum Requirements for HOA - Answer HOA - 30% TVI
, unit owners majority + 1
Quorum for Coop TVI = 203 - Answer then Quorum is 102 50%=1
Quorum for Condo TVI = 100 - Answer Then Quorum is 51 50%=1
Quorum for HOA TVI = 600 - Answer then Quorum is 180 or 30% of members
Association does not achieve a quorum at annual or special meeting then 3 options are: -
Answer 1. Recess mtg/designated date for reconvening/solicit more votes - send notice of
mtg date - do not include proxies/ballots only notice
2. Recess mtg if less than 20% of ballots collected, w/out conducting any business,
3. condo/coop annual mtg/proceed w/ the election provided that 20% have casted ballots
Annual mtg Quorum except for condo/coop elections - Answer 1. can hold an election even
if there is not a quorum at annual mtg provided 20 % have cast their votes.
2. required mim of at least 20% TVI has not cast ballots, mtg can proceed provided their is a
quorum
For condominium associations, Section 718.112 (2)(b)(1.), Florida Statutes provides that -
Answer "unless a lower number is provided in the bylaws, the percentage of voting interests
required to constitute a quorum at a meeting of the members shall be a majority of the voting
interests." However, for the election of directors, the Condominium Act only requires at least 20
percent of the eligible voters to cast ballots in order to have a valid election of the members of
the board. Because ballots are sent out for election of directors with return envelopes, a
minimum 20 percent return of ballots is usually always obtained. The election can proceed even
though you may not have a majority of the members at the annual meeting for a quorum.
For homeowners associations, Section 720.306(1) (a), Florida Statutes provides that - Answer
"unless a lower number is provided in the bylaws, the percentage of voting interests required to
constitute a quorum at a meeting of the members shall be 30 percent of the total voting
interests." In homeowners associations, nominations for director elections are always allowed
from the floor. Therefore, you could have the real chance that less than 30 percent of the
members turn out for the annual meeting and an election therefore will not occur. What
happens to the director seats expiring will depend upon what the bylaws of the individual
association provide. In most, the bylaws say the directors terms end at the annual meeting. In
these cases, the remaining sitting directors will appoint replacements to those whose terms
expired. In other associations, the bylaws may say the director's terms end when they are
replaced. In those cases, the directors will remain for another year.