Management 2nd Edition 2026
Exam Questions and Answers |
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Which statement is TRUE about community associations?
A. Membership is a condition of ownership?
B. It includes units in a planned unit development.
,C. Community associations are allowed to impose a fee.
D. All of these. - ANSWER ✔✔D. All of the above - According to
Florida Statute 468.431(1), all of these are true about community
associations.
How many primary types of community associations are there in Florida?
A. 2
B. 3
C. 4
D. 5 - ANSWER ✔✔C. 4 - There are four main types of community
associations of Florida: condominiums, cooperatives, vacations and
time-shares, and mandatory homeowner associations (HOA).
What defines the responsibilities of the community association and
owners?
A. The governing documents of the community association.
B. Federal and state laws.
C. Municipal laws.
,D. Both governing documents and federal and state laws. - ANSWER
✔✔D. Both governing documents and federal and state laws. - The
governing documents of the community association and federal and
state laws define the responsibilities of the owners and community
associations.
What is the term for the covenant that runs with the property being
purchased?
A. Governing documents.
B. Federal laws.
C. State laws.
D. Municipal laws. - ANSWER ✔✔A. Governing documents -
Governing documents are a covenant that runs with the property being
purchased. An owner of a property is legally required to be a member of
the community association and must comply with the requirements
outlined in the governing documents.
When did Florida enact laws governing homeowners associations?
A. 1985
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
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, B. 1990
C. 1992
D. 1995 - ANSWER ✔✔C. 1992 - Florida enacted special laws
governing homeowner associations in 1992.
Which is a benefit of community living?
A. Swimming pool.
B. Clubhouse.
C. Fewer maintenance responsibilities.
D. All of these. - ANSWER ✔✔D. All of these. - These are all benefits
of community living.
Which is a community asset that the community association manager
must manage?
A. Property assets.
B. People assets.
C. Financial assets.