Florida Community Association Manager Practice Exam

Under what condition can condominium members vote to terminate the association?

1. The association needs a larger board

2. The cost to make necessary repairs to meet code is too high

3. There is a majority dissatisfaction with current management

4. The association's budget has been exceeded

The correct answer is: The cost to make necessary repairs to meet code is too high

Condominium members can vote to terminate the association primarily when the cost to make necessary repairs to meet code is too high. This situation indicates that the ongoing operational costs may outweigh the benefits of maintaining the association. When repairs exceed a reasonable financial burden that the members are willing to accept, it can lead to a consensus among members to dissolve the association. In Florida statutes that govern condominium associations, financial viability is crucial. If maintaining the property or meeting regulatory standards becomes untenable, members might see termination as a more practical option than enduring continual financial strain. This illustrates how the financial implications of property upkeep and compliance can directly influence members’ decisions regarding the longevity of their association. Other conditions, such as dissatisfaction with management or exceeded budgets, do not provide a strong enough legal or operational basis for termination, whereas excessive repair costs present a clearer justification for taking drastic measures to terminate the association.