FL CAM Practice Exam #1 EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+ GRADED 100% VERIFIED) LATEST VERSION 2025!!

7/19/25, 11:26 AM FL CAM Practice Exam #1 EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+ GRADED 100% VERIFIED) LATEST …




FL CAM Practice Exam #1 EXAM QUESTIONS
WITH COMPLETE SOLUTION GUIDE (A+ GRADED
100% VERIFIED) LATEST VERSION 2025!!

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Terms in this set (100)


After purchasing the C.
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




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,7/19/25, 11:26 AM FL CAM Practice Exam #1 EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+ GRADED 100% VERIFIED) LATEST …


A type of joint ownership B.
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

The type of community A.
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




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Appurtenances in a D.
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.

Any person or firm B.
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.




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, 7/19/25, 11:26 AM FL CAM Practice Exam #1 EXAM QUESTIONS WITH COMPLETE SOLUTION GUIDE (A+ GRADED 100% VERIFIED) LATEST …


A homeowners' B.
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.

A board member of a 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

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