Florida Community Association Manager Practice Exam

What condition must be met for the developer to turn over the property to the members?

1. All units must be completed

2. New units must be under construction

3. No units should have been sold

4. There must be an increase in property taxes

The correct answer is: All units must be completed

For a developer to turn over the property to the members of a community association, all units must be completed. This is rooted in the notion that the community must be fully developed and operational in order for the members to effectively manage and maintain it. Completing all units ensures that the association has a full understanding of the operational and financial aspects of the community, as well as allowing for a complete assessment of any potential issues that may arise once members take over control. The turnover is a significant transition, and if all units are not completed, it may lead to challenges in managing a partially finished community, including concerns about ongoing construction, incomplete amenities, or potential liability issues. This ensures that the association can operate with a complete vision of the community's needs and responsibilities.