Podcast
Questions and Answers
Which statement is TRUE about community associations?
Which statement is TRUE about community associations?
- All of these. (correct)
- Community associations are allowed to impose a fee.
- Membership is a condition of ownership.
- It includes units in a planned unit development.
How many primary types of community associations are there in Florida?
How many primary types of community associations are there in Florida?
- 2
- 5
- 3
- 4 (correct)
What defines the responsibilities of the community association and owners?
What defines the responsibilities of the community association and owners?
- Both governing documents and federal and state laws (correct)
- Municipal laws
- The governing documents of the community association
- Federal and state laws
What is the term for the covenant that runs with the property being purchased?
What is the term for the covenant that runs with the property being purchased?
When did Florida enact laws governing homeowners associations?
When did Florida enact laws governing homeowners associations?
Which is a benefit of community living?
Which is a benefit of community living?
Which is a community asset that the community association manager must manage?
Which is a community asset that the community association manager must manage?
What type of manager serves communities from a remote office?
What type of manager serves communities from a remote office?
What is the term for the type of employment where you have the option to work independently for the community association or to create your own business entity?
What is the term for the type of employment where you have the option to work independently for the community association or to create your own business entity?
One key quality to being an excellent community association manager is
One key quality to being an excellent community association manager is
Flashcards
Community Associations
Community Associations
Groups of property owners who share responsibility for the upkeep and management of their community.
Membership in community
associations
Membership in community associations
Often a condition of ownership in a community.
Planned Unit Development (PUD)
Planned Unit Development (PUD)
A development where the properties are within a community association.
Community Association Fee
Community Association Fee
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Governing Documents
Governing Documents
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Primary types of community associations in Florida
Primary types of community associations in Florida
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Responsibilities of Owners and Community Associations
Responsibilities of Owners and Community Associations
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Covenants running with the property
Covenants running with the property
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Florida HOA Laws Enactment
Florida HOA Laws Enactment
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Community Living Benefits
Community Living Benefits
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Community Assets Management
Community Assets Management
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Community Association Managers
Community Association Managers
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Portfolio Managers
Portfolio Managers
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Contracted Community Managers
Contracted Community Managers
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Key Quality of a Community Manager
Key Quality of a Community Manager
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Community Management Company Employee
Community Management Company Employee
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Study Notes
Community Associations
- Community associations can be part of planned developments
- Membership is often a condition of ownership
- Associations can impose fees
- Many different types of community associations exist in Florida
Responsibilities
- Governing documents outline responsibilities for associations and owners
- Federal and state laws also play a role
- These responsibilities are further outlined in governing documents
Covenants
- Covenants are agreements that are associated with property purchases and run with the property
- They are often included in governing documents
Florida Laws
- Florida has laws governing homeowners associations
- These laws were enacted at various times(1985,1990,1992,1995)
Community Living Benefits
- Community living offers benefits such as swimming pools, clubhouses, and reduced maintenance
Community Assets
- Community assets such as property, and finances must be managed by the association
Community Managers
- Community managers may work remotely (remote office)
- They may oversee various aspects of the community (portfolio management, asset management)
- Some community managers work independently or as part of employment
Community Employment Types
- Community managers can work as an employee of a company, or independently
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Description
Florida Community Association Management
