The condominium arrangement, rooted in the combination of individual home ownership and joint-ownership of common elements, confers certain rights and privileges to residents, but it also places substantial responsibilities on the developers who build the community, the associations that manage it, and the unit owners who reside in it. Each of these groups has a stake in ensuring that condominium homes retain their value and that the community remains a pleasant place to live. Though all parties will readily agree on these goals, there is likely to be friction among them as they must continuously balance one other’s rights and responsibilities. For this arrangement to succeed, all participants must have extensive knowledge of the statutory requirements and association bylaws, as well as common sense and a commitment to fairness.

This course outlines in detail the rights and responsibilities that unit owners, the association, and the developer have under Florida’s Condominium Act. The full range of condominium activities is covered, including calling for and conducting meetings; holding elections; levying and collecting assessments; keeping financial records; maintaining the property; and enforcing restrictions (Discounts are available for Condominium Boards or Property Management Companies by calling us at 1-800-521-9667).

TARGET AUDIENCE
Condominium unit owners, association officers and members, and developers

TIME TO COMPLETE
120 minutes

PURPOSE
To instruct condominium unit owners, association officers and members, and developers on their rights and responsibilities.

LEARNING OBJECTIVES
After completing this course, the learner will be able to:

• explain the basic elements of the condominium arrangement as outlined by Florida law;
• interpret and adhere to state laws regarding the rights of condominium unit owners;
• distinguish between the rights and obligations of condominium unit owners;
• interpret and adhere to state laws regarding the rights and responsibilities of condominium associations;
• explain the role of the developer in creating a condominium; and
• interpret and adhere to state laws regarding the rights and responsibilities of condominium developers.

TOPICS COVERED

1. The Nature of the Condominium Arrangement
2. The Rights of Condominium Unit Owners
3. The Obligations of Condominium Unit Owners
4. The Responsibilities and Duties of Condominium Associations
5. Condominium Association Powers
6. The Role of the Developer in Establishing the Condominium
7. The Responsibilities of the Condominium Developer
8. The Transition of Control of the Condominium Association from the Developer to Unit Owners