Florida Community Association Manager Practice Exam

Which of the following items is NOT typically included as a provision in condo bylaws?

1. Quorum voting requirements

2. Silent bylaws

3. Transfer fees

4. Fidelity bonds

The correct answer is: Silent bylaws

Bylaws for a condominium association serve as the governing document that outlines the operational procedures for the community. These bylaws typically include provisions that are essential for guiding the governance of the association, including details about voting requirements, financial responsibility, and member obligations. Quorum voting requirements are crucial because they establish the minimum number of members that must be present for decisions to be made. This provision ensures that there is a sufficient representation of the community in the decision-making process. Transfer fees might also be included in the bylaws, as they relate to the association's authority to charge fees when ownership of a unit changes. This helps the association manage its financial needs and can fund community improvements or reserve accounts. Fidelity bonds are often mandated or recommended in the bylaws to protect the association’s assets by ensuring that there are insurance policies covering the possible misconduct of those managing the funds. This kind of financial protection is important for maintaining trust and security in the community’s financial management. On the other hand, "silent bylaws" are not a recognized provision within standard condominium bylaws. The term implies rules that are not explicitly stated or that go unacknowledged. Since bylaws must provide clear and transparent governance to avoid confusion or misrepresentation, including silent bylaws