1|Page
FLORIDA CAM EXAM 2026||COMPLETE
ASSESSMENT WITH QUESTIONS AND
VERIFIED ANSWERS
Purchasers of a timeshare plan have a ten day contract rescission period in which
to cancel the purchase - correct-answer -True
The Florida Fair Housing Act prohibits discrimination on the basis of handicap -
correct-answer -True
A valid Declaration of Condominium must contain easements for ingress and
egress to all units and the common elements - correct-answer -True
,2|Page
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 - correct-answer -False. The board should consult
an attorney.
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 - correct-answer -True
Corporate Charter - correct-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 - correct-answer -Articles of Incorporation ( Corporate
Charter)
,3|Page
Florida Not for Profit Corporate Act - correct-answer -FS 617
Florida Corporate Act - correct-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 - correct-answer -Powers that are
granted in FS 617
, 4|Page
Condominium Act - correct-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 - correct-answer -What is a
condominium?
Cooperative Act - correct-answer -FS 719
Mandatory Homeowner's Association - correct-answer -FS 720
Mandatory contents of a declaration ( condos) - correct-answer -FS 718.104
FLORIDA CAM EXAM 2026||COMPLETE
ASSESSMENT WITH QUESTIONS AND
VERIFIED ANSWERS
Purchasers of a timeshare plan have a ten day contract rescission period in which
to cancel the purchase - correct-answer -True
The Florida Fair Housing Act prohibits discrimination on the basis of handicap -
correct-answer -True
A valid Declaration of Condominium must contain easements for ingress and
egress to all units and the common elements - correct-answer -True
,2|Page
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 - correct-answer -False. The board should consult
an attorney.
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 - correct-answer -True
Corporate Charter - correct-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 - correct-answer -Articles of Incorporation ( Corporate
Charter)
,3|Page
Florida Not for Profit Corporate Act - correct-answer -FS 617
Florida Corporate Act - correct-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 - correct-answer -Powers that are
granted in FS 617
, 4|Page
Condominium Act - correct-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 - correct-answer -What is a
condominium?
Cooperative Act - correct-answer -FS 719
Mandatory Homeowner's Association - correct-answer -FS 720
Mandatory contents of a declaration ( condos) - correct-answer -FS 718.104
