Florida Community Association Manager Practice Exam

When do the terms of persons who serve as officers expire?

1. At the annual meeting

2. At the end of the fiscal year

3. Immediately upon resignation

4. When the new officers are elected

The correct answer is: At the annual meeting

The terms of persons who serve as officers in a community association typically expire at the annual meeting. This is a common practice in many organizations, including homeowners' associations, where the annual meeting serves as a key time for governance. During this meeting, members discuss the association's business and conduct elections for various positions, including officers. The annual meeting is crucial because it provides an opportunity for members to reflect on the past year's activities, establish goals for the upcoming year, and ensure that leadership is refreshed as needed. Therefore, when officers are elected at the annual meeting, their terms begin immediately after the previous term expires, ensuring continuity in governance and the effective management of the community. Understanding the timing and procedure behind officer terms helps ensure that community associations are run smoothly and democratically, allowing for proper transitions and fresh leadership each year.