FL CAM PRACTICE TEST QUESTIONS
AND ANSWERS
/. What should happen in the event of a vacancy among officers in an association? -
Answer-✅The successor may be appointed at the next board meeting.
/.Official records of an association include - Answer-✅insurance polices
/.If a quorum requirement is not stated in a condominium association's governing
document, during an annual meeting what will constitute a quorum of the total voting
interests? - Answer-✅a majority
/.What is the possible action the Department of Business and Professional Regulations
could take if a board director knowingly violated the Condominium or Cooperative Acts?
The director - Answer-✅may be fined and charged criminally.
/.Which word best defines the relationship between the homeowners' association and
the Board of Directors? - Answer-✅fiduciary
/.The terms of all condominium board members expire ____________ if there is no
other specification in the bylaws. - Answer-✅at the next annual meeting
/.As per the Florida condominium law, how many days after a meeting is adjourned to a
later date will the proxies still be valid? - Answer-✅90
/.An uncontested recall of directors in a condominium or cooperative is effective within -
Answer-✅5 business days
/.A committee CANNOT be appointed by the board of directors of a homeowners'
association for which intent? - Answer-✅adopting an amendment to the bylaws
/.When does an amendment to the condominium bylaws become effective? - Answer-
✅after it is recorded in the public records of the county in which the condominium is
located
/.When is a condominium formally created? - Answer-✅when the Declaration of
Condominium is recorded with the county where it is to be built
/.What Florida Statute chapter governs timesharing or interval ownership associations?
- Answer-✅721
, /.What is the mandatory minimum number of directors in a 75-unit condominium if
nothing is provided in the bylaws? - Answer-✅5
/.If the declaration of condominium does not state a procedure for authorizing material
alteration to common elements, the construction of new tennis courts would need to be
approved by - Answer-✅3/4 of the total voting interests in the association.
/.The formal components of cooperative documents do NOT include - Answer-✅the
Florida Statutes.
/.Which document in an association takes precedence in the case of conflict between
document provisions? - Answer-✅the declaration of covenants
/.Unless specifically provided in the _________________ , timeshare estates are NOT
permitted in a condominium association. - Answer-✅declaration of condominium
/.Joint ownership of common elements, exclusive ownership of a single unit and
________________, are parts of the condominium concept. - Answer-✅mandatory
membership in the condominium association
/.The required period of time for posting and mailing notice of a cooperative association
meeting where the budget will be presented is - Answer-✅14 days
/.Where can the restrictions and covenants that establish the basic rights and
responsibilities in a condominium be found? - Answer-✅in the declaration
/.Where can the agenda and notice requirements for membership meetings of a
homeowners' association be found? - Answer-✅in the bylaws
/.Upon renewal of a cooperative unit's lease by the same lessee, under the renewal
clause of their lease, the association may - Answer-✅NOT charge a transfer fee.
/.So long as a manager keeps separate accounting records, they may lawfully
commingle the funds for - Answer-✅two different condominiums operated by one
association.
/.The declaration of condominium has parking spaces designated as limited common
elements assigned to specific condominium units. In this case, unit owners have
exclusive rights to their parking space because - Answer-✅a limited common element is
reserved for the exclusive use of the unit to which it is assigned.
/.The scope of authority of the board of directors is NOT specifically provided in the -
Answer-✅annual meeting minutes
AND ANSWERS
/. What should happen in the event of a vacancy among officers in an association? -
Answer-✅The successor may be appointed at the next board meeting.
/.Official records of an association include - Answer-✅insurance polices
/.If a quorum requirement is not stated in a condominium association's governing
document, during an annual meeting what will constitute a quorum of the total voting
interests? - Answer-✅a majority
/.What is the possible action the Department of Business and Professional Regulations
could take if a board director knowingly violated the Condominium or Cooperative Acts?
The director - Answer-✅may be fined and charged criminally.
/.Which word best defines the relationship between the homeowners' association and
the Board of Directors? - Answer-✅fiduciary
/.The terms of all condominium board members expire ____________ if there is no
other specification in the bylaws. - Answer-✅at the next annual meeting
/.As per the Florida condominium law, how many days after a meeting is adjourned to a
later date will the proxies still be valid? - Answer-✅90
/.An uncontested recall of directors in a condominium or cooperative is effective within -
Answer-✅5 business days
/.A committee CANNOT be appointed by the board of directors of a homeowners'
association for which intent? - Answer-✅adopting an amendment to the bylaws
/.When does an amendment to the condominium bylaws become effective? - Answer-
✅after it is recorded in the public records of the county in which the condominium is
located
/.When is a condominium formally created? - Answer-✅when the Declaration of
Condominium is recorded with the county where it is to be built
/.What Florida Statute chapter governs timesharing or interval ownership associations?
- Answer-✅721
, /.What is the mandatory minimum number of directors in a 75-unit condominium if
nothing is provided in the bylaws? - Answer-✅5
/.If the declaration of condominium does not state a procedure for authorizing material
alteration to common elements, the construction of new tennis courts would need to be
approved by - Answer-✅3/4 of the total voting interests in the association.
/.The formal components of cooperative documents do NOT include - Answer-✅the
Florida Statutes.
/.Which document in an association takes precedence in the case of conflict between
document provisions? - Answer-✅the declaration of covenants
/.Unless specifically provided in the _________________ , timeshare estates are NOT
permitted in a condominium association. - Answer-✅declaration of condominium
/.Joint ownership of common elements, exclusive ownership of a single unit and
________________, are parts of the condominium concept. - Answer-✅mandatory
membership in the condominium association
/.The required period of time for posting and mailing notice of a cooperative association
meeting where the budget will be presented is - Answer-✅14 days
/.Where can the restrictions and covenants that establish the basic rights and
responsibilities in a condominium be found? - Answer-✅in the declaration
/.Where can the agenda and notice requirements for membership meetings of a
homeowners' association be found? - Answer-✅in the bylaws
/.Upon renewal of a cooperative unit's lease by the same lessee, under the renewal
clause of their lease, the association may - Answer-✅NOT charge a transfer fee.
/.So long as a manager keeps separate accounting records, they may lawfully
commingle the funds for - Answer-✅two different condominiums operated by one
association.
/.The declaration of condominium has parking spaces designated as limited common
elements assigned to specific condominium units. In this case, unit owners have
exclusive rights to their parking space because - Answer-✅a limited common element is
reserved for the exclusive use of the unit to which it is assigned.
/.The scope of authority of the board of directors is NOT specifically provided in the -
Answer-✅annual meeting minutes
