Florida Cam Exam 2026
Exam Questions and
Answers | Already Graded A+
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 - ANSWER ✔✔True
Purchasers of a timeshare plan have a ten day contract rescission
period in which to cancel the purchase - ANSWER ✔✔True
The Florida Fair Housing Act prohibits discrimination on the basis of
handicap - ANSWER ✔✔True
,A valid Declaration of Condominium must contain easements for ingress
and egress to all units and the common elements - ANSWER
✔✔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 - ANSWER ✔✔False.
The board should consult an attorney.
Corporate Charter - ANSWER ✔✔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 - ANSWER ✔✔Articles of Incorporation (
Corporate Charter)
Florida Not for Profit Corporate Act - ANSWER ✔✔FS 617
Florida Corporate Act - ANSWER ✔✔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 - ANSWER ✔✔Powers
that are granted in FS 617
Condominium Act - ANSWER ✔✔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 - ANSWER
✔✔What is a condominium?
Cooperative Act - ANSWER ✔✔FS 719
Mandatory Homeowner's Association - ANSWER ✔✔FS 720
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, Mandatory contents of a declaration ( condos) - ANSWER ✔✔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 - ANSWER ✔✔FS
718.111
FS 718.1124 - ANSWER ✔✔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 - ANSWER ✔✔Maintenance requirements, display of
flags and religious decorations, hurricane shutters, and other types of
code-complaint hurricane protection
Exam Questions and
Answers | Already Graded A+
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 - ANSWER ✔✔True
Purchasers of a timeshare plan have a ten day contract rescission
period in which to cancel the purchase - ANSWER ✔✔True
The Florida Fair Housing Act prohibits discrimination on the basis of
handicap - ANSWER ✔✔True
,A valid Declaration of Condominium must contain easements for ingress
and egress to all units and the common elements - ANSWER
✔✔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 - ANSWER ✔✔False.
The board should consult an attorney.
Corporate Charter - ANSWER ✔✔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 - ANSWER ✔✔Articles of Incorporation (
Corporate Charter)
Florida Not for Profit Corporate Act - ANSWER ✔✔FS 617
Florida Corporate Act - ANSWER ✔✔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 - ANSWER ✔✔Powers
that are granted in FS 617
Condominium Act - ANSWER ✔✔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 - ANSWER
✔✔What is a condominium?
Cooperative Act - ANSWER ✔✔FS 719
Mandatory Homeowner's Association - ANSWER ✔✔FS 720
3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, Mandatory contents of a declaration ( condos) - ANSWER ✔✔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 - ANSWER ✔✔FS
718.111
FS 718.1124 - ANSWER ✔✔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 - ANSWER ✔✔Maintenance requirements, display of
flags and religious decorations, hurricane shutters, and other types of
code-complaint hurricane protection
