Florida Community Association Manager Practice Exam

Upon conveyance of total units, what percentage triggers the requirement to call a meeting for election?

1. 10%

2. 15%

3. 20%

4. 25%

The correct answer is: 15%

In Florida community associations, specifically regarding the election of directors, the requirement to call a meeting is triggered upon the conveyance of 15% of the units. This percentage is significant because it represents a point at which the membership has reached a critical mass of ownership that necessitates a formal election process, fostering democratic governance within the association. The purpose of this threshold is to ensure that the association’s governance reflects the interests of a substantial portion of the community, providing homeowners a necessary opportunity to participate in decision-making. By requiring a meeting for election at this percentage, it helps to promote transparency and accountability among the board members and ensures that all community stakeholders have a voice in the management of their collective interests. Understanding the specifics of these percentages is crucial for community association managers as they navigate governance and maintain compliance with Florida’s statutes regarding community associations.