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LCAM Practice – Community Association Management Exam Practice Questions and Study Guide

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This document provides LCAM practice material designed to support preparation for the Licensed Community Association Manager (LCAM) exam. It covers key topics such as property and community association governance, financial management, budgeting, maintenance planning, and legal and regulatory compliance. The practice questions are structured to reflect real exam scenarios and help reinforce understanding of core property management and HOA operational principles. It is suitable for candidates preparing for LCAM certification or similar community association management qualifications.

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LCAM Practice – Community Association Management Exam Practice Questions
and Study Guide


720 , F.S. - ANS ✔✔A homeowners ' association where membership in the association is
mandatory for all owners and the association has a lien right which is not a condominium or
cooperative is regulated by provisions of which Florida statute ?



for items received at trade fairs or educational programs . - ANS ✔✔A board member of a
condominium or cooperative association may not accept anything of value from anyone
providing goods or services to the association for his / her benefit or the benefit of his / her
family except :



Declaration . 3/34 - ANS ✔✔The document that creates an elaborate set of covenants and
restrictions that establish basic rights and responsibilities of homeowners ' association members
, residents and guests is the :



Bylaws - ANS ✔✔Florida's Condominium Act and the Not - For - Profit Act require which
document to establish procedures for carrying out the day - to - day operations of the
association ?



Limited common elements - ANS ✔✔The Condominium Act specifies that which of the
following are reserved for exclusive use of certain owners ?



$ 100,000 - ANS ✔✔After purchasing the mobile home park , the residents form a community
association and hire a paid manager The manager must be licensed under Part VIII of Chapter
468 if the budget of the association exceeds :



cooperative - ANS ✔✔A type of joint ownership of real estate where legal title is not vested in
the individual , but the individual receives the right to occupy a unit , is a :

,time share property - ANS ✔✔The type of community association that permits individual units
to be owned and occupied by different people during the year is a :



the use of and access to all easements , membership in the association , and assigned
percentage of ownership in the common areas and any club membership rights . 1/3 - ANS
✔✔Appurtenances in a condominium or cooperative include rights of :



capable of performing community association management services . - ANS ✔✔Any person or
firm licensed under Part VIII of Chapter 468 , Florida Statutes , is considered :



The clerk of the circuit court . - ANS ✔✔The community association statutes require that each
association's governing documents be recorded with which of the following to be effective ?



The Division of Florida Condominiums , Time Shares , and Mobile Homes . - ANS ✔✔The
Condominium Act gives which of the following the power to enforce and ensure compliance
with this law ?



the right to extend his or her lease . 2/24 - ANS ✔✔When an existing rental property is
converted to a condominium , each tenant has :



recorded with the clerk of the circuit court . - ANS ✔✔Amendments to the homeowners '
association declaration become effective when :



The association should first check the language of the declaration as it applies to material
modifications . - ANS ✔✔The Bountiful Gardens Condominium wants to remove the swimming
pool to save money . Which of the following would apply ?



The declaration - ANS ✔✔The owner - controlled board of the Flamingo Condominium wants to
establish policies regarding exclusive use of the clubhouse of the condominium for private
functions . Which document will give the board guidance on how to set up these policies ?

,the administrative code - ANS ✔✔Rules adopted by the Division of Florida Condominiums Time
Shares , and Mobile Homes are incorporated into :



48 hours in advance - ANS ✔✔In a mandatory homeowners ' association , the board must
provide the members notice of a board meeting at least :



Fair Housing Act - ANS ✔✔conditions of the sale or rental of a residence because of race ,
color , national origin , sex , The authority that makes it unlawful to discriminate against any
person in the terms , or handicap , religion , or familial status is the :



The common elements - ANS ✔✔The property owned by all the owners in a condominium is
referred to as :



An association regulated by Chapter 718 F. S. - ANS ✔✔Which of the following mandatory
homeowners ' associations would not be subject to regulation by the special provisions of
Chapter 720 , F.S. ?



A community with all the residents aged 62 or over - ANS ✔✔Which of the following properties
could be exempt from the prohibitions against discrimination based on familial status ?



A business with 40 employees with - ANS ✔✔Which of the following employers would be
required to comply with the provisions of the Americans with Disabilities Act ?



The members elect the board of directors . The members hear reports on the status of the
corporation The members may vote on any proposed issue that requires a membership vote . -
ANS ✔✔Which of the following can occur at a community association's annual meeting ?

, within three months after 90 % of the units , parcels or shares have been sold to owners other
than the developer . - ANS ✔✔In a community association , if the documents are silent ,
transition must occur



condominium is terminated - ANS ✔✔Restrictive condominium covenants that " run with the
land " are effective until the :



The maintenance coordinator must be licensed as a community association manager - ANS
✔✔The Double Declining Condominium employs a maintenance coordinator who performs all
of the maintenance and repairs . The association contains 178 units . Which applies ?



The Board of Governors should review the association documents to determine how the
payment can be made . - ANS ✔✔The Big Bucks Condominium Association wants to pay their
officers and directors for performing their services to encourage more of the members to
participate in association activities Which applies ?



declaration - ANS ✔✔The easements and common elements of a condominium are established
in the :



operation by the condominium association - ANS ✔✔Along with exclusive ownership of a single
unit and joint ownership of common elements , the condominium concept is made up of :



define the membership and voting rights of its members - ANS ✔✔The articles of incorporation
of a community association :



rules and regulations . - ANS ✔✔The informal or supplemental day - to - day guidelines
governing the proper conduct of community association residents are known as :



articles of incorporation - ANS ✔✔The basic structure and areas of responsibility of a
condominium association are established by the :

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