Florida Cam Exam | QUESTIONS AND ANSWERS | 2025/2026
Questions in this set (391)
A Community Association is True
generally defined as real or
personal property, owned by two
or more entities, which share the
responsibility for the costs of
maintenance and
administration
Purchasers of a timeshare plan True
have a ten day contract
rescission period in which to
cancel the purchase
The Florida Fair Housing Act True
prohibits discrimination on the
basis of handicap
A valid Declaration of True
Condominium must contain
easements for ingress and egress
to all units and the common
elements
Compliance with the Construction False. The board should consult an attorney.
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
Corporate Charter Articles of Incorporation are also known as the
Establishes the power and Articles of Incorporation ( Corporate Charter)
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
Florida Not for Profit Corporate FS 617
Act
, Florida Corporate Act FS 607
Conducting business and Powers that are granted in FS 617
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
Condominium Act FS 718
Form of joint ownership of real What is a condominium?
property that comprises:
Exclusive ownership of each unit
Joint undivided share of common
elements Required membership
in the community association
Cooperative Act FS 719
Mandatory Homeowner's FS 720
Association
Mandatory contents of a FS 718.104
declaration ( condos)
Definitions of the corporate FS 718.111
entity, powers of association,
easements, rights of access to
unit, insurance, official records
of the association, community
directory, financial reporting
requirements, purchase of units,
purchase of land and recreation
leases, operations of
condominiums created prior to
January 1, 1977, commingling
Definitions of required contents of bylaws, including administration,
notice requirements, quorum, proxies, voting requirements,
elections, electronic voting, candidate eligibility, director
FS 718.1124 certificate/education requirements, recalls, arbitration, timeshare
condominium exceptions, board and member meetings, Annual
budget requirements, assessments, amendment of bylaws, transfer
Questions in this set (391)
A Community Association is True
generally defined as real or
personal property, owned by two
or more entities, which share the
responsibility for the costs of
maintenance and
administration
Purchasers of a timeshare plan True
have a ten day contract
rescission period in which to
cancel the purchase
The Florida Fair Housing Act True
prohibits discrimination on the
basis of handicap
A valid Declaration of True
Condominium must contain
easements for ingress and egress
to all units and the common
elements
Compliance with the Construction False. The board should consult an attorney.
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
Corporate Charter Articles of Incorporation are also known as the
Establishes the power and Articles of Incorporation ( Corporate Charter)
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
Florida Not for Profit Corporate FS 617
Act
, Florida Corporate Act FS 607
Conducting business and Powers that are granted in FS 617
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
Condominium Act FS 718
Form of joint ownership of real What is a condominium?
property that comprises:
Exclusive ownership of each unit
Joint undivided share of common
elements Required membership
in the community association
Cooperative Act FS 719
Mandatory Homeowner's FS 720
Association
Mandatory contents of a FS 718.104
declaration ( condos)
Definitions of the corporate FS 718.111
entity, powers of association,
easements, rights of access to
unit, insurance, official records
of the association, community
directory, financial reporting
requirements, purchase of units,
purchase of land and recreation
leases, operations of
condominiums created prior to
January 1, 1977, commingling
Definitions of required contents of bylaws, including administration,
notice requirements, quorum, proxies, voting requirements,
elections, electronic voting, candidate eligibility, director
FS 718.1124 certificate/education requirements, recalls, arbitration, timeshare
condominium exceptions, board and member meetings, Annual
budget requirements, assessments, amendment of bylaws, transfer
