Florida Community Association Manager Practice Exam

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Prepare for the Florida Community Association Manager Exam. Review flashcards and multiple choice questions with hints and explanations to boost your score. Ace your exam!

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True or False: The board must hold a meeting to elect officers and to approve the budget if required by the documents.

  1. True

  2. False

  3. Only for budget approval

  4. Only for officer elections

The correct answer is: True

The assertion that the board must hold a meeting to elect officers and to approve the budget if required by the documents is indeed accurate. In many community associations, the governing documents—such as bylaws and the declaration—stipulate specific procedures for conducting business, including the election of officers and budget approval. When it comes to officer elections, holding a meeting allows board members and possibly unit owners to participate, ensuring transparency and fairness in the election process. It provides an opportunity for discussions about the qualifications of candidates, which can foster a sense of community engagement. Similarly, for budget approval, a meeting is typically necessary to present the proposed budget to the members, explain it, and address any questions or concerns that might arise. This meeting is crucial for ensuring that all members understand how the budget impacts the community and allows for input or amendments before the final approval. Thus, the requirement for a meeting confirms adherence to the governing documents, which are designed to protect the interests of the community as a whole.