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Related Flashcards
Cards In This Set
| Front | Back |
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Pool pH Factor
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7.2 - 7.8
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Pool Chlorine
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One part per million
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Pool term - "Shepherd's Hook
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Attached to pole not less than 16 feet
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Define Community Association
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1. Real or personal property
2. Owned by 2 or more entities 3. Has a legally binding Agreement 4. Shares responsibilities & costs for maintenance, administration of property, assets, and association 5. has separate rights 6. may be residential or non-residential |
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CIRA means?
Management operates in what type of relationship? |
Common Interests Realty Associations
Common Interest Communities Common Interest Ownership Fiduciary |
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Associations are made up of what type of members?
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Shareholders, or
Equitable Owners, or Lessee (mobile home) |
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Community Associations have 3 required Requirements?
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1. Mandatory Membership
2. Right to Vote 3. Unpaid Assessments become a Lien (90 days) |
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What are Maximum Fines for Violations?
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$100 for each violation
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Members can NOT be?
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1. Denied access to building
2. Have water, electric shut off |
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As a CAM Manager who must be licensed?
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All have to be licensed including maintenance
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What are the types of Associations?
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1. Condominium (unit + undivided elements) CO
2. Cooperative (No Deed) CO 3. Mandatory Home Owners Association (HO) 4. Timeshare (interval periods (TI) 5. Mobile Home Association (MO) |
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All Community Associations Include?
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1. Legal Documents (details of elements)
2. Unit - a lot, villa, apartment, mobile home 3. Common Property 4. Association - Entity formed to manage the community FLORIDA REQUIRES A NOT-FOR-PROFIT CORPORATION (overage at end of year returned or put in reserve for next years budget) |
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Part of Previous Card:
Association Property |
Property acquired and owned by entity -- example; pool, lobby furniture, copier, tools, carts, etc
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Examples of Limited Common Property are:
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1. Balconies accessed by a single unit
2. Storage lockers limited by one owner 3. Rooftop swimming pool limited to penthouse owners |
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Appurtenances include:
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1. Rights inherent such as:
+ common areas, access to easements + share in common areas + right to run for Association Board Member + Right to Vote + Right to attend meetings + Club membership + Access to cable TV |
