Florida Real Estate STATE exam / Test Review Questions & Certified Solutions / 100% Correct / Already Graded A+.

Florida Real Estate STATE exam / Test Review
Questions & Certified Solutions / 100% Correct /
Already Graded A+.
A Community Association True
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

Purchasers of a timeshare True
plan have a ten day
contract rescission period
in which to cancel the
purchase

The Florida Fair Housing True
Act prohibits
discrimination on the basis
of handicap

A valid Declaration of True
Condominium must
contain easements for
ingress and egress to all
units and the common
elements

,
,Compliance with the False. The board should consult an attorney.
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



Corporate Charter Articles of Incorporation are also known as the

Establishes the power and Articles of Incorporation ( Corporate Charter)
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




Florida Not for Profit FS 617
Corporate Act

Florida Corporate Act FS 607

,