What type of community association is governed by F.S. 718?

The correct answer is "Condominium" because F.S. 718 specifically refers to the Florida Statutes governing condominium associations. This body of law establishes the regulatory framework, rights, and responsibilities for the operation and management of condominiums in Florida, including the governance structure, financial obligations, and the relationship between unit owners and the association.

In contrast, the other types of community associations mentioned are regulated by different statutes. For example, cooperative associations have their own set of regulations under F.S. 719, while homeowners' associations are governed by F.S. 720. Mobile home communities are addressed under F.S. 723. Each of these statutes outlines specific rules and guidelines tailored to their respective community types, highlighting the importance of understanding which laws apply to different association structures.