Florida Community Association Manager Practice Exam

What are the filing fees for timeshares with the DBPR?

1. $1 per unit per week

2. $2 per unit for every 7 days intended for occupancy

3. $5 per week per unit

4. $10 per unit for every month of occupancy

The correct answer is: $2 per unit for every 7 days intended for occupancy

The filing fees for timeshares with the Department of Business and Professional Regulation (DBPR) are set at $2 per unit for every 7 days intended for occupancy. This fee structure is designed to ensure that the costs associated with the regulation of timeshares are fairly based on the usage and occupancy levels of each unit. By charging on a per-unit basis tied to the length of occupancy, the DBPR can effectively manage and oversee timeshare operations, ensuring compliance with relevant laws and regulations. This approach also ensures that fees are transparent and predictable for owners and developers of timeshare properties, aligning the cost of regulation with actual occupancy timelines. Other options do not accurately reflect the established fee structure. For example, the first choice suggests a fee of $1 per unit per week, which does not match the current guideline of $2 for every 7 days of intended occupancy. The third option of $5 per week per unit also deviates from the prescribed amount, as does the fourth choice which incorrectly states a monthly fee of $10 per unit, when the fees are directly linked to weekly occupancy.