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Florida Community Association Manager Prelicensure Course Exam 2026 (1,000+ Questions), CAM-FL101 – Condominium Law, HOA Governance, Budgeting, Elections, Records & Florida Statutes Practice, Florida Community Association Management

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This document contains more than 1,000 verified questions and answers designed for the Florida Community Association Manager (CAM) Prelicensure Course Exam 2026. Spanning 77 pages, it provides comprehensive preparation for individuals seeking Florida CAM licensure by covering the legal, operational, financial, administrative, and governance principles required under Florida community association law. The material is presented in an extensive question-and-answer format that reinforces exam objectives, statutory requirements, association procedures, and real-world community management scenarios commonly encountered on the Florida CAM licensing examination. The content delivers in-depth coverage of Florida community association law, including condominiums, cooperatives, homeowners’ associations (HOAs), timeshares, and mobile home communities. Major topics include Chapter 468 Community Association Management licensing requirements, Chapters 718, 719, 720, and 721 Florida Statutes, governing documents, declarations, bylaws, articles of incorporation, association powers, appurtenances, common elements, limited common elements, board authority, membership rights, developer turnover, voting procedures, proxies, elections, recalls, amendments, board qualifications, fiduciary duties, and owner rights. The document also explores Fair Housing Act compliance, Americans with Disabilities Act (ADA) requirements, discrimination laws, ombudsman procedures, DBPR regulations, community governance, and statutory responsibilities of licensed community association managers. A substantial portion of the material focuses on association financial management and budgeting. Topics include reserve funding requirements, reserve waivers, special assessments, annual budgets, budget adoption procedures, financial reporting standards, compiled, reviewed, and audited financial statements, accounting requirements, fiscal year reporting, tax obligations, assessment collection procedures, claims of lien, foreclosure processes, estoppel certificates, delinquent owner procedures, financial controls, and statutory monetary thresholds applicable to Florida associations. Detailed coverage is also provided on budget reconsideration procedures, reserve calculations, accounting methods, insurance obligations, developer warranties, and financial statement requirements based on association revenues. The document further examines association operations, records management, meeting procedures, election timelines, statutory notice requirements, official records access, membership meetings, board meetings, committee meetings, proxy voting, candidate eligibility, owner participation rights, open meeting laws, document retention requirements, contract cancellation rights, transition procedures, and compliance deadlines. Extensive exam-focused sections summarize critical CAM timelines, statutory voting thresholds, licensing rules, fines, fees, recordkeeping obligations, and management responsibilities, making this resource particularly valuable for mastering both exam content and practical community association administration. This resource is ideal for students enrolled in Community Association Management (CAM-FL101), Property Management, Real Estate Administration, Housing Management, Real Estate Law, Business Administration, Public Administration, and Professional Licensing Preparation programs. It is particularly relevant for aspiring Community Association Managers (CAMs), HOA Managers, Condominium Managers, Cooperative Managers, Property Administrators, Board Members, and real estate professionals preparing for Florida CAM licensure. It also serves as an excellent review guide for licensed CAMs seeking continuing education, compliance training, and a deeper understanding of Florida community association governance. The content aligns closely with the official Florida Community Association Manager Prelicensure Course curriculum and draws heavily from the primary legal authorities governing community associations in Florida, including Florida Statutes Chapters 468, 718, 719, 720, and 721, Florida Administrative Code 61E-14, DBPR educational materials, and community association management regulations used throughout Florida licensing and continuing education programs. Keywords: florida cam prelicensure course, florida cam exam, community association manager license, cam florida practice questions, condominium law florida, hoa governance florida, cooperative association management, florida statutes 718, florida statutes 719, florida statutes 720, florida statutes 721, chapter 468 florida, community association management, reserve funding, association budgeting, financial statements associations, board member responsibilities, condominium elections, official records access, dbpr regulations, florida administrative code 61e14, property management certification, community governance, association assessments, florida cam licensing exam

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Institution
Fl Cam
Course
Fl Cam

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Florida Community
Association Manager
Prelicensure Course 2026
Exam Questions and Correct
Answers | New Update



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:

A.$50,000

B.$75,000

,C.$100,00


D.$125,000 - ANSWER ✔✔C.


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:

A. mobile home.

B. cooperative

C. mandatory homeowners' association.


D. condominium - ANSWER ✔✔B.


The type of community association that permits individual units to be

owned and occupied by different people during the year is a:

A.time-share property.

B.cooperative.

C.phase condominium


D.townhouse - ANSWER ✔✔A.


Appurtenances in a condominium or cooperative include rights of:

A. use and access to all individual units.

B. liens.

,C. the association's records.

D. 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. - ANSWER ✔✔D.


Any person or firm licensed under Part VIII of Chapter 468, Florida

Statutes, is considered:

A. responsible for management

B. capable of performing community association management services.

C. capable of transferring possessions and ownership of cooperative

property. - ANSWER ✔✔B.


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?

A. 648, F.S.

B. 720, F.S.

C. 721, F.S.


D 735, F.S. - ANSWER ✔✔B.


3
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED

, A board member of a condominium or cooperative association may not

accept anything of value providing goods or services to the association

for his/her benefit or the benefit of his/her family except:

A. for items received at trade fairs or educational programs

B. when fully disclosed to all of the other board members.

C. when received from a vendor who is also a relative.

D. when the item received has a value of less than $500.00 -

ANSWER ✔✔A.


The document that created an elaborate set of convenants and

restrictions that establish basic rights and responsibilities of

homeowners' assocaition members, residents and guests is the:

A. Charter

B. Bylaws.

C. Articles.


D. Declaration. - ANSWER ✔✔D.


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?

A. Charter

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Institution
Fl Cam
Course
Fl Cam

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