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The Annual fee paid to the Division of Florida Condominiums,
Timeshares &
Mobile homes, for each unit operated by a condo
association is due by: -
ANSWER -January 1st
every year
A mobile home park owner must pay ______ for each lot to be
used in his mobile home park when forming the mobile home
park: - ANSWER -$10, minimum of $100
When a condos rules and regulation conflict with the
Declaration of
Condominium, which document will prevail? - ANSWER -The
Declaration of Condo prevails over the rules and regulations
Amendments to the Declaration of Covenants and Restrictions
are not effective until: - ANSWER -the certificate of amendment
is recorded with the clerk of the court where the documents
were originally recorded.
,What is a Quorom? - ANSWER -The minimum number of
members of an assembly that must be present at any of its
meeting to make the proceedings of that meeting valid.
What options does the association have if they have not
achieved quorum at
the annual meeting? - ANSWER -Recess meeting,
designate a date to
reconvene, and solicit additional proxies and or members
to meet quorum.
Recess Meeting without conducting business
including an election
Proceed with the election provided that 20% TVI have
cast ballots.
How long are general or limited proxies good for? - ANSWER -
90 days from the
date of the first meeting for which it is intended
to be used.
If 20% TVi petition the board to address an item at either a
member meeting of a board meeting, within how many days
must the board place the item on the agenda of a special
member meeting or board meeting? - ANSWER -60
Who is responsible for determining the results of any vote and
communicating
,those results to the membership? - ANSWER -The
chairperson
Generally unless the association documents state other wise,
after a quorum is established the _________ _______ who are
present is required to approve a motion. - ANSWER -majority tvi
A coopoerative or HOA may suspend the voting rights of a
member due to non payment of any monetary obligation due to
the association which is more than
90 days delinquent. - ANSWER -True
If a vote is by ballot and a member wants to have the ballots
recounted, how should the member proceed? - ANSWER -The
member moves for a recount of the ballots. Once the motion is
seconded, if it is adopted by a majority vote, a recount must be
held.
if the association does not call a special meeting to address
the member's
concerns, can the member initiate applicable mediation
or arbitration
procedures? - ANSWER
-Yes
How many directors are required in an association? - ANSWER
-No fewer than five unless the condo or coop has five or fewer
units, in which case there must be at leas three.
, The board of directors is also known as: - ANSWER -The board
of governers,
the board of
administration
The Required officers of the board are - ANSWER -
President, Treasurer,
Secretary.
An outgoing board or committee member must relinquish all
official records and
property of the association in his or her possession or under his
or her control to
the incoming board within _____ days after the election.
- ANSWER -5
Board Meetings require a minimum notice of _______. -
ANSWER -48 hours
If a broadcast notice is used, for a board meeting, the notice
must be broadcast
at least _______times during very ___________ -
ANSWER -4 times /
broadcast
hour
A majority of a quorum has authority to act for the full board
on all matters