Florida Community Association Manager Practice Exam

How many years does a developer have to add all phases to a condominium after the recording of the initial Declaration of Condominium?

1. 5 years

2. 7 years

3. 10 years

4. 12 years

The correct answer is: 7 years

The correct timeframe for a developer to add all phases to a condominium after the recording of the initial Declaration of Condominium is seven years. This period is established under Florida law, specifically within the Florida Statutes that govern condominium developments. The provision ensures that developers have a reasonable amount of time to complete the phases as planned while also protecting the interests of future unit owners. This seven-year period allows developers adequate time for potential economic changes and development considerations, contributing to a more structured and predictable development timeline. It also helps in maintaining continuity within the condominium community and aids in the cohesive planning of the entire project. The other timeframes mentioned are not aligned with statutory requirements for condominium developments in Florida. Thus, it's crucial for community association managers to be aware of this seven-year limitation as it is a key factor in the management and oversight of condominium developments.