FLORIDA CAM LICENSE EXAM | NEWEST q q q q q
ACTUAL EXAM COMPREHENSIVE QUESTIO q q q
NS AND VERIFIED ANSWERS GRADED A+ | 1
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00% PASS | 2025 UPDATE! q q q q
If the declaration of Condo or Coop docs do not specify a procedure, the
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default procedure for alterations or betterment requires 75% TVI to appr
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ove alterations or additions to common elements -
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q✔✔✔ Correct Answer > True
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Members in a community Association have a
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, , and q q q
the property in accordance with the q q q q q q
, and requirements of the q , q q q q
.- q
q✔✔✔ Correct Answer > responsibility, occupy, use, maintain, statute
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s, legal documents.
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The DBPR has
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days to notify the mobile home park owner of any d q q q q q q q q q q
eficiencies in the prospectus - ✔✔✔ Correct Answer > 45
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Who regulates Community Associations? -
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q✔✔✔ Correct Answer > the Dbpr through the Division of Condo's tim
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shares, and mobile homes ( DFCTSMH)
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,Legal structure of the community association - ✔✔✔ Correct Answer
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> Each community has a different legal structure, is governed by a d
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ifferent structure, and has documents that are specific to that com
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munity association. q
How Much notice is required for a meeting where the board will be electe
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d? - ✔✔✔ Correct Answer > 60 Days
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Condos: A developer is entitled to elect or appoint at least one director
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, provided that the developer meets any of the following Requirements:
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-
q✔✔✔ Correct Answer > Less than 500 Units and the developer ow
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ns 5% of the units
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More than 500 Units and the developer owns 2% of the units
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HOAS: the Developer is entitled to elect at least one director, provided th
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at the developer holds for sale at least: -
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q✔✔✔ Correct Answer > 5% of the parcels in all phases of the commun
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ity
Bulk Assignee - q q
q✔✔✔ Correct Answer > Buyer who acquires more than seven parcels
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in a single condominium after July 12010 and prior to July 1, 2018 and rec
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eives assignment of some or all the rights of the developer by a written d
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ocument in the county records. q q q q
,Must a condo or coop include fully funded reserves in the proposed budg
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et - ✔✔✔ Correct Answer > Yes, unless they have been voted to waive
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Condo Member Insurance Coverage requires that each member shall i
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nsure what in his or her own unit? -
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✔✔✔ Correct Answer > Floor, wall and ceiling covering
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appliances and electrical fixtures q q q q
built in cabinets and counter tops
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water heaters and water filters wi
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ndow treatments q
An HO-6 Covers: -
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✔✔✔ Correct Answer > a member in a condo or coop
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an HO-3 covers: - ✔✔✔ Correct Answer > A member in a HOA
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Three Primary objectives of a Community Association are: -
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q✔✔✔ Correct Answer > Preserve Protect and enhance the value
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of the community
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Enhance the lifestyle of the community
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provide a harmonious community q q q
, Requirements for a Community association - ✔✔✔ Correct Answer >
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Membership is mandatory Memb q q q
ers have the right to vote
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An unpaid assessment can become a lien on a members property
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Limited common property: - q q q
q✔✔✔ Correct Answer > Common property limited to use by one or m
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ore but not all members.
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Appurtenances are: - q q
q✔✔✔ Correct Answer > Accessory rights that are inherent to a memb
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er of the association.
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Who decides what type of community it will be? -
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✔✔✔ Correct Answer > The Developer
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Florida statute requires that the assocaition be organized as a corporatio
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n, granting what powers? -
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q✔✔✔ Correct Answer > Budgeted for the maintenance and operation
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of the property, association and assets;
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Collecting the necessary funds to carry out duties
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Entering into contract, hiring employees and taking other measures as ne
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eded to meet objectives.
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All Associations are corporations, not for profit. -
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✔✔✔ Correct Answer > True
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ACTUAL EXAM COMPREHENSIVE QUESTIO q q q
NS AND VERIFIED ANSWERS GRADED A+ | 1
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00% PASS | 2025 UPDATE! q q q q
If the declaration of Condo or Coop docs do not specify a procedure, the
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default procedure for alterations or betterment requires 75% TVI to appr
q q q q q q q q q q
ove alterations or additions to common elements -
q q q q q q q
q✔✔✔ Correct Answer > True
q q q q
Members in a community Association have a
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, , and q q q
the property in accordance with the q q q q q q
, and requirements of the q , q q q q
.- q
q✔✔✔ Correct Answer > responsibility, occupy, use, maintain, statute
q q q q q q q q
s, legal documents.
q q
The DBPR has
q q q
days to notify the mobile home park owner of any d q q q q q q q q q q
eficiencies in the prospectus - ✔✔✔ Correct Answer > 45
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Who regulates Community Associations? -
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q✔✔✔ Correct Answer > the Dbpr through the Division of Condo's tim
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shares, and mobile homes ( DFCTSMH)
q q q q q
,Legal structure of the community association - ✔✔✔ Correct Answer
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> Each community has a different legal structure, is governed by a d
q q q q q q q q q q q
ifferent structure, and has documents that are specific to that com
q q q q q q q q q q
munity association. q
How Much notice is required for a meeting where the board will be electe
q q q q q q q q q q q q q
d? - ✔✔✔ Correct Answer > 60 Days
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Condos: A developer is entitled to elect or appoint at least one director
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, provided that the developer meets any of the following Requirements:
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-
q✔✔✔ Correct Answer > Less than 500 Units and the developer ow
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ns 5% of the units
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More than 500 Units and the developer owns 2% of the units
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HOAS: the Developer is entitled to elect at least one director, provided th
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at the developer holds for sale at least: -
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q✔✔✔ Correct Answer > 5% of the parcels in all phases of the commun
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ity
Bulk Assignee - q q
q✔✔✔ Correct Answer > Buyer who acquires more than seven parcels
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in a single condominium after July 12010 and prior to July 1, 2018 and rec
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eives assignment of some or all the rights of the developer by a written d
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ocument in the county records. q q q q
,Must a condo or coop include fully funded reserves in the proposed budg
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et - ✔✔✔ Correct Answer > Yes, unless they have been voted to waive
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Condo Member Insurance Coverage requires that each member shall i
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nsure what in his or her own unit? -
q q q q q q q q
✔✔✔ Correct Answer > Floor, wall and ceiling covering
q q q q q q q q q
appliances and electrical fixtures q q q q
built in cabinets and counter tops
q q q q q q
water heaters and water filters wi
q q q q q
ndow treatments q
An HO-6 Covers: -
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✔✔✔ Correct Answer > a member in a condo or coop
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an HO-3 covers: - ✔✔✔ Correct Answer > A member in a HOA
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Three Primary objectives of a Community Association are: -
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q✔✔✔ Correct Answer > Preserve Protect and enhance the value
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of the community
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Enhance the lifestyle of the community
q q q q q q
provide a harmonious community q q q
, Requirements for a Community association - ✔✔✔ Correct Answer >
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Membership is mandatory Memb q q q
ers have the right to vote
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An unpaid assessment can become a lien on a members property
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Limited common property: - q q q
q✔✔✔ Correct Answer > Common property limited to use by one or m
q q q q q q q q q q q q
ore but not all members.
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Appurtenances are: - q q
q✔✔✔ Correct Answer > Accessory rights that are inherent to a memb
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er of the association.
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Who decides what type of community it will be? -
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✔✔✔ Correct Answer > The Developer
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Florida statute requires that the assocaition be organized as a corporatio
q q q q q q q q q q
n, granting what powers? -
q q q q
q✔✔✔ Correct Answer > Budgeted for the maintenance and operation
q q q q q q q q q q
of the property, association and assets;
q q q q q
Collecting the necessary funds to carry out duties
q q q q q q q
Entering into contract, hiring employees and taking other measures as ne
q q q q q q q q q q
eded to meet objectives.
q q q
All Associations are corporations, not for profit. -
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✔✔✔ Correct Answer > True
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