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Definitions of the corporate entity, powers of association,
easements, rights of access to unit, insurance, official
records of the association, community directory, financial
reporting requirements, purchase of units, purchase of
land and recreation leases, operations of condominiums
created prior to January 1, 1977, commingling - Answer-
FS 718.111
FS 718.1124 - Answer-Definitions of required contents of
bylaws, including administration, notice requirements,
quorum, proxies, voting requirements, elections, electronic
voting, candidate eligibility, director certificate/education
requirements, recalls, arbitration, timeshare condominium
exceptions, board and member meetings, Annual budget
requirements, assessments, amendment of bylaws,
transfer fees, director and officer delinquencies and
offenses, common elements ( limited power to convey to a
condemning authority)
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FS 718.113 - Answer-Maintenance requirements, display
of flags and religious decorations, hurricane shutters, and
other types of code-complaint hurricane protection
FS 718.114 - Answer-Association powers, acquisition of
leasehold memberships and other possessory or use
interests
FS 718.115 - Answer-Common Expenses and common
surplus, expense and credits for hurricane protection,
communication expenses
FS 718.116 - Answer-Liability for not paying common
expenses, including the right to assess interest, lien,
foreclose, and collect rents from delinquent members etc.,
liability of first mortgage holder, liability of previous owners
FS 718.303 - Answer-Provides that if a member is more
than 90 days delinquent or has failed to comply with his or
her monetary obligation that is due to the community
association, or has failed to comply with the documents or
reasonable rules, the right to use common elements can
be suspended. Provides fining authority and procedures.
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The pH of the pool water must be maintained at: - Answer-
7.2-7.8
Condominium and Cooperative Associations pay an
annual fee of $_______ per residential unity, per ______
to the DFCTSMH Trust Fund - Answer-$4.00/ Year
A Community Association is generally defined as real or
personal property, owned by two or more entities, which
share the responsibility for the costs of maintenance and
administration - Answer-True
Purchasers of a timeshare plan have a ten day contract
rescission period in which to cancel the purchase -
Answer-True
The Florida Fair Housing Act prohibits discrimination on
the basis of handicap - Answer-True
A valid Declaration of Condominium must contain
easements for ingress and egress to all units and the
common elements - Answer-True
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Compliance with the Construction Lien Law is very
technical and can have an impact on title to property.
Therefore the board should always consult with the
manager regarding lien issues - Answer-False. The board
should consult an attorney.
Corporate Charter - Answer-Articles of Incorporation are
also known as the
Establishes the power and authority of the community
Association
Establishes the corporate entity that is responsible for
management, maintenance and operation of the
community association
Is based in corporate law - Answer-Articles of
Incorporation ( Corporate Charter)
Florida Not for Profit Corporate Act - Answer-FS 617
Florida Corporate Act - Answer-FS 607
Conducting business and Community Association affairs