Florida Community Association Manager Practice Exam

What is the primary feature of a condominium as defined in Florida statutes?

1. Exclusive ownership of common elements

2. Joint undivided share of each unit

3. Exclusive ownership of each unit

4. Mandatory membership in the community association

The correct answer is: Exclusive ownership of each unit

The primary feature of a condominium, as defined in Florida statutes, is the exclusive ownership of each unit. In the context of a condominium, each unit owner holds title to their individual unit and has the right to use, sell, or modify their unit as they see fit, subject to the rules and regulations set forth by the community association. This ownership structure distinguishes condominium units from other types of property ownership, such as cooperatives, where owners may not have exclusive ownership of the space they occupy. While there are common elements shared among all unit owners, such as pools, gyms, or landscaping, the fundamental characteristic that defines condominiums is the individual ownership of each residential unit. This ensures that owners have autonomy over their particular space within the condominium complex, coupled with the responsibility for participating in the governance of the shared community through the homeowners association. The concept of exclusive ownership creates a clear delineation of rights and responsibilities among the owners in the property, making it a cornerstone of condominium living in Florida.