Florida Real Estate Practice Exam

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Which condo document must be created before beginning development?

  1. Articles of incorporation

  2. Bylaws

  3. Declaration of condominium

  4. FAQs

The correct answer is: Declaration of condominium

The Declaration of condominium is the document that must be created before beginning development in a condo project. This document outlines the rules and regulations of the condo association, including the rights and responsibilities of the owners. The Articles of incorporation (A) are documents filed with the state to legally establish the condo association as a corporation. Bylaws (B) are the rules and regulations that govern the condo association. FAQs (D) may provide helpful information, but they are not a necessary document for development.

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