CAM STATE EXAM STUDY GUIDE
Questions
and Answers 100% Correct
A high rise building can be created as a what?✔✔Condominium subject to GCA
If there is a conflicting provision in an association's legal documents, which document
controls?✔✔Declaration
In a condominium, elements owned by all unit owners but reserved for the exclusive use and
control of less than all of them is known as what?✔✔Limited common elements
The different ownership interests that comprise a condominium are:✔✔units and common
elements
In subdivisions with voluntary community associations, which owners are members of the
association?✔✔The owners who pay assesments
Declaration, Plat, and Floor Plans✔✔Required by the GCA and must be recorded in the land
records to create a condominium
Townhouse building✔✔Can be created as a condo subject to GCA, HOA subject to POAA, or
COA subject to GCA OR POAA
Race, Color, Religion, Sex, National Origin, Handicap, Familial Status✔✔The seven classes of
people protected by the Fair Housing Act
Laches✔✔This defense may be asserted when an association is aware of a violation, allows the
violation the be committed, and does not act in a timely manner to enforce against.
, Estoppel✔✔This defense can be asserted when the violator relied on the representations or
actions of the association in committing the violation.
Statue of Limitation✔✔This defense may be asserted if a violation occurred more then two years
before the lawsuit or enforcement action
Selective Enforcement✔✔This defense can be asserted when an association enforces a covenant
differently from one owner to another with no objective reason
The Board of Directors✔✔This is who determines the duties of a licensed association manager
Mutual funds✔✔A broker should NOT put trust funds in this type of the account
Broker, Salesperson, CAM✔✔The 3 license options
Real and Personal Property✔✔What are the two types of property?
Fixture✔✔An item of personal property that has been converted to real property by being
permanently affixed to the realty.
Mobility✔✔What distinguishes real property and personal property?
2 years✔✔What is the statue of limitation for a covenant enforcement case?
90 days✔✔Notice of defective construction to a licensed contractor under the Right to Repair
Act must be given in how many days before filing a lawsuit against the contractor?
90 days✔✔A contractor has how many days to file a lien in the land records?
Questions
and Answers 100% Correct
A high rise building can be created as a what?✔✔Condominium subject to GCA
If there is a conflicting provision in an association's legal documents, which document
controls?✔✔Declaration
In a condominium, elements owned by all unit owners but reserved for the exclusive use and
control of less than all of them is known as what?✔✔Limited common elements
The different ownership interests that comprise a condominium are:✔✔units and common
elements
In subdivisions with voluntary community associations, which owners are members of the
association?✔✔The owners who pay assesments
Declaration, Plat, and Floor Plans✔✔Required by the GCA and must be recorded in the land
records to create a condominium
Townhouse building✔✔Can be created as a condo subject to GCA, HOA subject to POAA, or
COA subject to GCA OR POAA
Race, Color, Religion, Sex, National Origin, Handicap, Familial Status✔✔The seven classes of
people protected by the Fair Housing Act
Laches✔✔This defense may be asserted when an association is aware of a violation, allows the
violation the be committed, and does not act in a timely manner to enforce against.
, Estoppel✔✔This defense can be asserted when the violator relied on the representations or
actions of the association in committing the violation.
Statue of Limitation✔✔This defense may be asserted if a violation occurred more then two years
before the lawsuit or enforcement action
Selective Enforcement✔✔This defense can be asserted when an association enforces a covenant
differently from one owner to another with no objective reason
The Board of Directors✔✔This is who determines the duties of a licensed association manager
Mutual funds✔✔A broker should NOT put trust funds in this type of the account
Broker, Salesperson, CAM✔✔The 3 license options
Real and Personal Property✔✔What are the two types of property?
Fixture✔✔An item of personal property that has been converted to real property by being
permanently affixed to the realty.
Mobility✔✔What distinguishes real property and personal property?
2 years✔✔What is the statue of limitation for a covenant enforcement case?
90 days✔✔Notice of defective construction to a licensed contractor under the Right to Repair
Act must be given in how many days before filing a lawsuit against the contractor?
90 days✔✔A contractor has how many days to file a lien in the land records?
