FL CAM LICENSE Final Practice Exam 2 QUESTIONS AND ANSWERS ALL CORRECT
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Course
CAM
Institution
Capella University
Florida Condominium Law is contained in which Chapter of the Florida Statutes? Correct Answer: 718
Minutes of meeting of the BOD must be maintained for: Correct Answer: 7 years
Emergency powers of a condominium board, if a state of emergency has been declared, include: Correct Answer: Borr...
fl cam license final practice exam 2 questions and answers all correct
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CAM license| 142 QUESTIONS| WITH COMPLETE SOLUTION
being licensed under part VIII of chapter 468 F.S. means Correct Answer: you are capable of
performing community association management (CAM) services
specified in the condominium act and reserves these for exclusive use for certain owners Correct
Answer: limited common elements
property owned by all owners in a condominium Correct Answer: the common elements
a maintenance coordinator must... Correct Answer: be licensed as a community association
manager and is not exempt
the condominium concept is made up of... Correct Answer: operation by the condominium
association
In order for a board member to be compensated... Correct Answer: they must be licensed as a
community association manager
cooperative Correct Answer: a type of joint ownership in real estate where legal title is not
vested in the individual, but the individual receives the right to occupy a unit
time-share property Correct Answer: a type of community association that permits individual
units to be owned and occupied by different people during the year
appurtenances in a condominium or cooperative include... Correct Answer: use and access to all
easements, membership in the association, a assigned percentage of ownership in the common
areas and any club membership rights
mandatory homeowners association regulated by... Correct Answer: 720 F.S.
declaration Correct Answer: a collection of documents that creates an elaborate set of covenants
and restrictions that establish basic rights and responsibilities of residents and guests
Bylaws Correct Answer: required by the condominium act to establish the procedures for
carrying out the day-to-day operations of the association
condominium documents must be... Correct Answer: recorded with the clerk of the circuit court
as required by the condominium act
part V of the condominium act Correct Answer: gives the Division of Florida Land Sales,
Condominiums, and Mobiles Homes the power to enforce and ensure compliance with the law
when a rental property is converted into a condominium... Correct Answer: each tenant has the
right to extend the existing rental agreement
, amendments to the declaration become effective when... Correct Answer: recorded with the
clerk of the circuit court
rules promulgated by the Florida Land Sales, Condominiums, and mobiles home are
incorporated into the... Correct Answer: administrative code (FAC)
Fair Housing Act Correct Answer: authority to make in unlawful to discriminate based on race,
color, national origin, sex, handicap, religion or familial status
exempt from prohibitions against discrimination based on familial status... Correct Answer: a
community will all residents age 62 or over
employers that are required to comply with the provisions of the Americans with Disabilities act
Correct Answer: a business with 15 employees
a contractor has replaced a roof on one of four buildings in a condominium and has not been
paid... Correct Answer: he may file a construction lien against all of the unit owners in the
association in proportion to the amount of their ownership interests
the easements and common elements of a condominium or cooperative are defined in the Correct
Answer: declaration
the articles of incorporation of a community association... Correct Answer: define the
membership and voting rights of its members
rules and regulations Correct Answer: the informal or supplemental day-to-day guidelines
governing the proper conduct of condominium residents
articles of incorporation Correct Answer: establishes the basic structure and areas of
responsibility of a condominium association
rules and regulations passed by the board... Correct Answer: must be reasonable, non-
discriminatory, and within the scope of their authority
modifications in which the manner in which assessments are calculated... Correct Answer: must
be approved by all owners and lien holders in written joinder
a mandatory homeowners association for a cooperative.. Correct Answer: is created by the
developer
in order for changes in the articles of incorporation to become effective... Correct Answer: they
must be file/recorded with the 1) clerk of the court 2) department of state
part IV of the condominium act... Correct Answer: states that the rent escalation clauses based
on the C.P.I are unconscionable and unenforceable
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