Podcast
Questions and Answers
Which is a method for selecting members to serve on the board of directors?
Which is a method for selecting members to serve on the board of directors?
- All of these (correct)
- Election by members at a special meeting
- By appointment by the developer or the remaining members of the board
- Election by members at an annual meeting
A new member is appointed to the board of directors. Which is the new member required to do?
A new member is appointed to the board of directors. Which is the new member required to do?
- All of these (correct)
- Certify in writing that they will uphold their fiduciary responsibilities to the community
- Certify in writing to the secretary of the association that they have read the association's governing documents
- Provide certification of satisfactory completion of an education course approved by the Division of Florida Condominiums, Timeshares and Mobile Homes
Which is TRUE about voter eligibility?
Which is TRUE about voter eligibility?
- Eligibility is based on how long the owner has owned the unit.
- Eligibility is not based on unit ownership.
- In units owned by more than one person, each owner has a vote.
- In units owned by more than one person, one owner may be designated to vote on behalf of the others. (correct)
What percentage of eligible voters MUST vote in order to have a valid election?
What percentage of eligible voters MUST vote in order to have a valid election?
What proportion of the board of directors may the unit owners elect if they own 15% or more of the units?
What proportion of the board of directors may the unit owners elect if they own 15% or more of the units?
When do unit owners typically elect the majority of members to the board of directors?
When do unit owners typically elect the majority of members to the board of directors?
A condominium unit owner wishes to run for the board of directors. How many days before the election MUST they give written notice of their intent to the association?
A condominium unit owner wishes to run for the board of directors. How many days before the election MUST they give written notice of their intent to the association?
Which is TRUE about ballots?
Which is TRUE about ballots?
Who is responsible for the voting process, from implementation to communicating the results to the members?
Who is responsible for the voting process, from implementation to communicating the results to the members?
How long do members of the board serve, unless otherwise specified in the bylaws or articles of incorporation?
How long do members of the board serve, unless otherwise specified in the bylaws or articles of incorporation?
There are two types of Proxy - Limited Proxy and General Proxy
There are two types of Proxy - Limited Proxy and General Proxy
If not stated in the HOA documents, Homeowner associations must have at least ____ directors on the board of directors and Condo Associations _____
If not stated in the HOA documents, Homeowner associations must have at least ____ directors on the board of directors and Condo Associations _____
Condominium unit owners are allowed to vote by proxy for the election of board members
Condominium unit owners are allowed to vote by proxy for the election of board members
The first notice of an election meeting must be delivered to each unit owner not less than_____________ in advance of the meeting
The first notice of an election meeting must be delivered to each unit owner not less than_____________ in advance of the meeting
The second notice of an election meeting must be mailed not less than days and no more than days prior to the election
The second notice of an election meeting must be mailed not less than days and no more than days prior to the election
Flashcards
Board of Directors Selection
Board of Directors Selection
The process of selecting individuals to serve on the board of directors of a condominium association.
Election by Members
Election by Members
A method of electing the board of directors through a formal vote by the association's members during a designated meeting.
Appointment by Developer or Board
Appointment by Developer or Board
A method where the developer or existing board members appoint new members to the board of directors.
Certification of Governing Documents
Certification of Governing Documents
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Certification of Fiduciary Responsibilities
Certification of Fiduciary Responsibilities
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Education Course Certification
Education Course Certification
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Voter Eligibility Based on Ownership
Voter Eligibility Based on Ownership
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One Vote Per Unit
One Vote Per Unit
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Minimum Voter Participation for Valid Election
Minimum Voter Participation for Valid Election
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Unit Owner Election Power
Unit Owner Election Power
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Majority Board Election After Unit Sales
Majority Board Election After Unit Sales
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Candidate Notice Period
Candidate Notice Period
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Election Ballot
Election Ballot
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Voting Process Oversight
Voting Process Oversight
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Board Member Term Length
Board Member Term Length
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Study Notes
Unit 5 Quiz - Study Notes
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Member Selection: Members can be selected for the board of directors via election (annual or special meeting) or appointment (by developer or board members).
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New Member Responsibilities: New board members must certify they've reviewed governing documents and will uphold their fiduciary responsibilities. They should complete any required education courses (e.g., those approved by the Division of Florida Condominiums, Timeshares, and Mobile Homes).
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Voter Eligibility: Voter eligibility isn't always based solely on unit ownership. In multi-owner units, one designated owner can vote on behalf of others. Eligibility may also be based on the length of ownership.
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Valid Election Requirements: A minimum percentage of eligible voters (e.g., 66%) must participate in a vote for a valid election.
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Board Director Election: Unit owners frequently elect board members once a significant portion (e.g., 90%) of units have been sold, typically within a timeframe of a month or less.
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Candidate Notice Periods: Candidates for board of directors must provide a notice to the association within a specified timeframe prior to the election. (e.g., 20-40 days).
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Ballot Information: Ballots need to list all candidates including those who are incumbents, and typically do not permit write-in candidates.
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Voting Process Management: A designated officer (e.g., chairperson) is often responsible for overseeing the voting process from start to communicating election results.
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Board Member Term Length: Unless otherwise clarified in the governing documents, board members typically serve for a specific term duration, often two years.
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