Florida Community Association Manager Practice Exam

Which document would contain the rights of the association in a cooperative?

1. FS 718 Part III

2. FS 719 Part III

3. Distressed Condo Relief Act

4. Florida Property Act

The correct answer is: FS 719 Part III

The document that contains the rights of the association in a cooperative is FS 719 Part III. This section specifically addresses various aspects of cooperative living arrangements in Florida, including the rights and responsibilities of the unit owners and the cooperative association itself. FS 719 provides a comprehensive framework for managing cooperatives, detailing the governance structure, voting rights, and the duties of the association towards its members. Understanding this law is crucial for community association managers, as it helps them navigate the specific legal obligations and entitlements within a cooperative setting. In contrast, FS 718 is focused on condominiums, which differs significantly from the cooperative structure. The Distressed Condo Relief Act targets issues specific to distressed condominium properties without providing the overarching rights or responsibilities applicable to cooperatives. The Florida Property Act generally covers a broader range of properties and does not specifically define the rights of associations in cooperatives. Therefore, FS 719 Part III is the most relevant document for understanding the rights of the association in a cooperative context.