Cindy's Fl Cam II

This is the second study guide for the Fl Cam State Exam

25 cards   |   Total Attempts: 188
  

Cards In This Set

Front Back
Along with eleclusive ownership of a single unit and joint ownership of common elements, the cono concept is made up of :
Operation by the condominuim assoc
The basic structure and arears of responsibility of a condo assoc are established by the:
Articles of incorporation
Part IV of the condo act states that rent escalation clauses basedon the C. P. I are:
Unconscionable and unenforceable
A valid proxy given by one of the owners of the Never Show Condo Assoc may:
Serve as a valid proxy and voting certificate if given by one of the multiple owners
Vacancies on the board may be filled by:
The remaining board even if less than a majority
What vote of the unit owners in a condo is required to petition the Ombundsman to appoint an election monitor to attend the annul meeeting of the owners and to conduct the election of directors.
15% of the voting interests or six unit owners, whicever is greater
The board of the Noncompliance Codo wants to vote on a motion for an item that was not included on the agenda for the meeting. What vote will be required to approve such a motion?
A majority plus one of the board
The cooperative assoc wants to cancel the pool service agreement entered into by the developer prior to transition. What vote of the non developer members is required?
A 75% vote of the non-developer owners is required to cancel the contract
The second notice of the election in a condo must be mailed:
With the notice of the membership meeting which must be mailed not less than 14 days in advance of the meeting
Even though the Sycamore Condo Assoc annual membership did not have a quorum, the scheduled election of board members would be valid if what percentage of he members cast valid ballots?
20%
The purpose of the annual meeting of a community assoc is to:
Provide the membership the opportunity to review the affairs of the community.
Filed with
Department of State
Recored with
Clerk of the Circuit Court
Disabilities Act refers to companies with
15 or more employees
What is the notice requirement for a budget meeting in a cooperative?
14