What type of association is governed by F.S. 719?

The correct response identifies that a cooperative association is specifically governed by F.S. 719, which is the Florida Statutes section relating to cooperative housing. This statute outlines the framework for the formation, management, and operation of cooperatives in Florida.

In cooperative associations, individual members have an ownership interest in a corporation that owns the property, and they are entitled to exclusive use of a specific unit. This structure is distinct from other types of associations, such as homeowners' associations, which deal with traditional subdivisions, condominium associations that manage multi-unit developments with ownership of individual units, and timeshare associations, which oversee properties that are shared among multiple owners at different times. F.S. 719 specifically addresses the unique structure and operational rules pertinent to cooperatives, making it the correct association type associated with that statute.