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24 Cards in this Set

  • Front
  • Back
A type of joint ownership of real estate where legal title is not vested in the individual,
but the individual receives the right to occupy a unit, is a:
cooperative.
The type of community association that permits individual units to be owned and
occupied by different people during the year is a:
time-share property
Appurtenances in a condominium or cooperative include rights of:
use of and access to all easements, membership in the association, and assigned
percentage of ownership in the common areas and any club membership rights.
Mandatory homeowners' associations are regulated by provisions of which Florida
statute?
720, F.S.
A collection of documents that creates an elaborate set of covenants and restrictions that establish basic rights and responsibilities of residents and guests is the:
declaration.
Florida's Condominium Act requires which document to establish procedures for
carrying out the day-to-day operations of the association?
Bylaws.
The Condominium Act requires the condominium documents to be recorded with
which of the following to be effective?
The clerk of the circuit court
Part V of The Condominium Act gives which of the following agencies the power to
enforce and ensure compliance with this law?
The Division of Florida Land Sales, Condominiums, and Mobile Homes.
When an existing rental property is converted to a condominium, each tenant has:
the right to extend the existing rental agreement.
Amendments to the declaration become effective when:
recorded with the clerk of the circuit court.
Rules promulgated by the Division of Florida Land Sales, Condominiums and Mobile
Homes are incorporated into:
the administrative code.
The authority that makes it unlawful to discriminate against any person in the terms, or
conditions of the sale or rental of a residence because of race, color, national origin,
sex, handicap, religion, or familial status is the:
Fair Housing Act.
Which of the following mandatory homeowners' associations would not be subject to
regulation by the special provisions of Chapter 720, F.S.?
An association regulated by Chapter 718, F. S.
Which of the following properties would be exempt from the prohibitions against
discrimination based on familial status?
A community with all of the residents age 62 or over
Which of the following employers would be required to comply with the provisions of
the Americans with Disabilities Act?
A business with 15 employees.
A contractor has replaced the roof on one of four buildings in a condominium and has
not been paid. He will file the claim of lien under the construction lien law against:
All of the unit owners in the association in proportion to their ownership interests.
The BIG BUCKS CONDOMINIUM ASSOCIATION wants to pay their officers and
directors for performing their services to encourage more of the members to participate
in association activities. Which applies?
The Board of Governors should review the association documents to determine
how the payment can be made.
The easements and common elements of a condominium or cooperative are defined in
the:
declaration.
The articles of incorporation of a community association:
define the membership and voting rights of its members
The informal or supplemental day-to-day guidelines governing the proper conduct of
condominium residents are known as:
rules and regulations
The basic structure and areas of responsibility of a condominium association are
established by the:
articles of incorporation.
Rules and regulations passed by the board must be _______________________ to be
valid.
reasonable
non-discriminatory
within the scope of their authority
The residents of the PROBATE CONDOMINIUM want to change the manner in
which assessments are calculated. Modifications of the manner in which assessments
are calculated must be approved by:
all owners and lien holders by written joinder.
The mandatory homeowners' association of THE FOREVER COOPERATIVE was
created by the:
developer.