Florida CAM Exam Questions & Answers
| Latest Already Graded A+ |Questions
with Correct Answers 2026 latest
update!!
A Community Association is generally defined as real or personal property, owned by
two or more entities, which share the responsibility for the costs of maintenance and
administration -CORRECTANSWER True
Purchasers of a timeshare plan have a ten day contract rescission period in which to
cancel the purchase -CORRECTANSWER True
The Florida Fair Housing Act prohibits discrimination on the basis of handicap -
CORRECTANSWER True
A valid Declaration of Condominium must contain easements for ingress and egress to
all units and the common elements -CORRECTANSWER True
Compliance with the Construction Lien Law is very technical and can have an impact on
title to property. Therefore the board should always consult with the manager regarding
lien issues -CORRECTANSWER False. The board should consult an attorney.
Corporate Charter -CORRECTANSWER Articles of Incorporation are also known as the
,Establishes the power and authority of the community Association
Establishes the corporate entity that is responsible for management, maintenance and
operation of the community association
Is based in corporate law -CORRECTANSWER Articles of Incorporation ( Corporate
Charter)
Florida Not for Profit Corporate Act -CORRECTANSWER FS 617
Florida Corporate Act -CORRECTANSWER FS 607
Conducting business and Community Association affairs
Operating and managing the association property and assets
Suing and defending against actions
Lending money for association purposes
Acquiring Property
Entering into contracts and purchasing items that are required for operations and
maintenance
Incurring liabilities
Borrowing funds
Mortgaging community association properties -CORRECTANSWER Powers that are
granted in FS 617
,Condominium Act -CORRECTANSWER FS 718
Form of joint ownership of real property that comprises:
Exclusive ownership of each unit
Joint undivided share of common elements
Required membership in the community association -CORRECTANSWER What is a
condominium?
Cooperative Act -CORRECTANSWER FS 719
Mandatory Homeowner's Association -CORRECTANSWER FS 720
Mandatory contents of a declaration ( condos) -CORRECTANSWER FS 718.104
Definitions of the corporate entity, powers of association, easements, rights of access to
unit, insurance, official records of the association, community directory, financial
reporting requirements, purchase of units, purchase of land and recreation leases,
operations of condominiums created prior to January 1, 1977, commingling -
CORRECTANSWER FS 718.111
FS 718.1124 -CORRECTANSWER Definitions of required contents of bylaws, including
administration, notice requirements, quorum, proxies, voting requirements, elections,
electronic voting, candidate eligibility, director certificate/education requirements,
, recalls, arbitration, timeshare condominium exceptions, board and member meetings,
Annual budget requirements, assessments, amendment of bylaws, transfer fees,
director and officer delinquencies and offenses, common elements ( limited power to
convey to a condemning authority)
FS 718.113 -CORRECTANSWER Maintenance requirements, display of flags and
religious decorations, hurricane shutters, and other types of code-complaint hurricane
protection
FS 718.114 -CORRECTANSWER Association powers, acquisition of leasehold
memberships and other possessory or use interests
FS 718.115 -CORRECTANSWER Common Expenses and common surplus, expense
and credits for hurricane protection, communication expenses
FS 718.116 -CORRECTANSWER Liability for not paying common expenses, including
the right to assess interest, lien, foreclose, and collect rents from delinquent members
etc., liability of first mortgage holder, liability of previous owners
FS 718.303 -CORRECTANSWER Provides that if a member is more than 90 days
delinquent or has failed to comply with his or her monetary obligation that is due to the
community association, or has failed to comply with the documents or reasonable rules,
| Latest Already Graded A+ |Questions
with Correct Answers 2026 latest
update!!
A Community Association is generally defined as real or personal property, owned by
two or more entities, which share the responsibility for the costs of maintenance and
administration -CORRECTANSWER True
Purchasers of a timeshare plan have a ten day contract rescission period in which to
cancel the purchase -CORRECTANSWER True
The Florida Fair Housing Act prohibits discrimination on the basis of handicap -
CORRECTANSWER True
A valid Declaration of Condominium must contain easements for ingress and egress to
all units and the common elements -CORRECTANSWER True
Compliance with the Construction Lien Law is very technical and can have an impact on
title to property. Therefore the board should always consult with the manager regarding
lien issues -CORRECTANSWER False. The board should consult an attorney.
Corporate Charter -CORRECTANSWER Articles of Incorporation are also known as the
,Establishes the power and authority of the community Association
Establishes the corporate entity that is responsible for management, maintenance and
operation of the community association
Is based in corporate law -CORRECTANSWER Articles of Incorporation ( Corporate
Charter)
Florida Not for Profit Corporate Act -CORRECTANSWER FS 617
Florida Corporate Act -CORRECTANSWER FS 607
Conducting business and Community Association affairs
Operating and managing the association property and assets
Suing and defending against actions
Lending money for association purposes
Acquiring Property
Entering into contracts and purchasing items that are required for operations and
maintenance
Incurring liabilities
Borrowing funds
Mortgaging community association properties -CORRECTANSWER Powers that are
granted in FS 617
,Condominium Act -CORRECTANSWER FS 718
Form of joint ownership of real property that comprises:
Exclusive ownership of each unit
Joint undivided share of common elements
Required membership in the community association -CORRECTANSWER What is a
condominium?
Cooperative Act -CORRECTANSWER FS 719
Mandatory Homeowner's Association -CORRECTANSWER FS 720
Mandatory contents of a declaration ( condos) -CORRECTANSWER FS 718.104
Definitions of the corporate entity, powers of association, easements, rights of access to
unit, insurance, official records of the association, community directory, financial
reporting requirements, purchase of units, purchase of land and recreation leases,
operations of condominiums created prior to January 1, 1977, commingling -
CORRECTANSWER FS 718.111
FS 718.1124 -CORRECTANSWER Definitions of required contents of bylaws, including
administration, notice requirements, quorum, proxies, voting requirements, elections,
electronic voting, candidate eligibility, director certificate/education requirements,
, recalls, arbitration, timeshare condominium exceptions, board and member meetings,
Annual budget requirements, assessments, amendment of bylaws, transfer fees,
director and officer delinquencies and offenses, common elements ( limited power to
convey to a condemning authority)
FS 718.113 -CORRECTANSWER Maintenance requirements, display of flags and
religious decorations, hurricane shutters, and other types of code-complaint hurricane
protection
FS 718.114 -CORRECTANSWER Association powers, acquisition of leasehold
memberships and other possessory or use interests
FS 718.115 -CORRECTANSWER Common Expenses and common surplus, expense
and credits for hurricane protection, communication expenses
FS 718.116 -CORRECTANSWER Liability for not paying common expenses, including
the right to assess interest, lien, foreclose, and collect rents from delinquent members
etc., liability of first mortgage holder, liability of previous owners
FS 718.303 -CORRECTANSWER Provides that if a member is more than 90 days
delinquent or has failed to comply with his or her monetary obligation that is due to the
community association, or has failed to comply with the documents or reasonable rules,