Florida Community Association Manager Practice Exam

Which entities are regulated by the DBPR?

1. Single-family homes and Rental units

2. Condos, Timeshares, Coops, Mobile Home Parks

3. Vacant land and Commercial buildings

4. None of the above

The correct answer is: Condos, Timeshares, Coops, Mobile Home Parks

The correct answer is related to the specific entities that fall under the regulation of the Department of Business and Professional Regulation (DBPR) in Florida. The DBPR oversees community associations, which include condominiums, timeshares, cooperatives, and mobile home parks. These entities are governed by various statutes that provide rules and regulations to ensure fair management and operation. Condominiums and cooperatives have specific governing documents and regulations that dictate the rights and responsibilities of both the association and its members. Timeshares operate under a distinct set of guidelines designed to address the unique nature of shared property ownership. Mobile home parks are also regulated to standardize practices for the treatment of residents and property management. On the other hand, single-family homes and rental units do not fall under the direct purview of the DBPR for community association regulation, nor do vacant land and commercial buildings typically fit into the community association category. Therefore, while all these properties may have regulatory requirements at various levels, the entities primarily regulated by the DBPR encompass condominiums, timeshares, cooperatives, and mobile home parks.