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BILL: CS/S13 1178 Page 8 exclusive owners of property within a community, joint owners of community common elements, and members of the condominium association. 12 For unit owners, membership in the association is an unalienable right and required condition of unit ownership. 13 A condominium association is administered by a board of directors referred to as a "board of administration." 14 The board of administration is comprised of individual unit owners elected by the members of a community to manage community affairs and represent the interests of the association. Association board members must enforce a community's governing documents and are responsible for maintaining a condominium's common elements which are owned in undivided shares by unit owners. 15 There are approximately 1,529,764 condominium units in Florida operated by 27,588 associations. 16 Approximately 912,376 of these condominium units in Florida are at least 30 years in age. 17 Further breakdown of the age of condominium units in Florida is as follows: • 105,404 units — 50 years old or older; • 479,435 units — 40-50 years old; • 327,537 units — 30-40 years old; • 141,773 units — 20-30 years old; • 428,657 units — 10-20 years old; and • 46,958 units — 0-10 years old.18 It has been estimated that there are over 2 million residents occupying condominiums 30 years or older in Florida, based upon census data indicating an average of approximately 2.2 persons living in a condominium unit.19 Cooperatives Section 719.103(12), F.S., defines a "cooperative" to mean: [T]hat form of ownership of real property wherein legal title is vested in a corporation or other entity and the beneficial use is evidenced by an ownership interest in the association and a lease or other muniment of title or possession granted by the association as the owner of all the cooperative property. A cooperative differs from a condominium because, in a cooperative, no unit is individually owned. Instead, a cooperative owner receives an exclusive right to occupy the unit based on their ownership interest in the cooperative entity as a whole. A cooperative owner is either a 12 See s. 718.103, F.S., for the terms used in the Condominium Act. 13 Id la Section 718.103(4), F.S. 1s Section 718.103(2), F.S. 16 Report of the Florida Bar RPPTL Condominium Law and Policy Life Safety Advisory Task Force (Task Force Report), p. 4, available at: https://www-media.floridabar.org/uploads/2021/10/Condominium-Law-and-Policy-Life-Safety-Advisor - Task-Force-Report.pddf (last visited Jan. 9, 2024). 17 Id. is Id. 19 Id 318