True or False: A declarant can appoint and remove directors of a single-phase condominium until 80% of the units are sold.

Study for the Georgia Community Association Manager (CAM) License Exam. Use flashcards and multiple choice questions, with hints and explanations. Prepare for your certification!

The statement is false because, under Georgia law regarding condominiums, a declarant (the developer or original owner of the condominium) typically has the authority to appoint and remove directors only until a certain threshold is reached—this can often be 75% or 80% of the units sold, depending on the governing documents of the condominium. However, once that threshold is reached, the powers of the declarant to control the board of directors diminish, leading to greater resident control.

Additionally, the declarant's control is generally replaced by elections where the unit owners can select their own representatives. This transition aims to promote community governance and ensure that the interests of the unit owners are prioritized, rather than being dictated solely by the original developer. Thus, the correct understanding is that a declarant does not retain unfettered control beyond this sales threshold, confirming the statement as false.

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