Florida Community Association Manager Practice Exam

What does the Declaration of Covenants and Restrictions typically include?

1. Financial protocols for the community

2. Details on property taxes

3. Rights and restrictions on members

4. Maintenance schedules

The correct answer is: Rights and restrictions on members

The Declaration of Covenants and Restrictions, commonly referred to as CCRs, serves as a foundational legal document for community associations and describes the rights and obligations of property owners within the community. By establishing a framework of rules and guidelines, it aims to maintain property values and ensure a harmonious living environment. The correct response highlighting "rights and restrictions on members" is a critical aspect of the document. It outlines specific rights that property owners hold, such as voting on community issues or using common areas, while also detailing restrictions that may include limitations on property modifications, types of allowable activities, or guidelines for maintaining aesthetic standards. This clarity helps prevent disputes among residents and sets fair expectations for community living. In contrast, while financial protocols or considerations regarding property taxes may play a role in the overall operation of a community association, they are generally addressed in separate financial documents or budgets rather than within the CCRs. Maintenance schedules are also typically part of operational guidelines rather than the legal framework established by the Declaration of Covenants and Restrictions. Therefore, the emphasis on rights and restrictions provides a focused understanding of the community's governance and the expectations placed on its members.