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Exam (elaborations)

Florida Community CAM Multiple Choice Q&A 100% Solved

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The pH of the pool water must be maintained at: - Answer 7.2-7.8 A person who manages a rental apartment complex _____ a Community Association Manager's License. - Answer May, but is not required, to have. Condominium & Cooperative Associations pay an annual fee of $____ per residential unit, per ____, to the DFCTSMH Trust Fund. - Answer $4.00/year Toca Chica Cooperative, with 35 units, has joined with Levitz Office Condominium, to form a self-insurance pool for windstorm insurance. Levitz has 10 office units. - Answer A windstorm self-insurance pool must include 3 or more associations, all of which must be residential, with not less than 50 units. Bob Jones is the president of the Flagler Mandelion Condominium. Flagler Mandelion has 42 units and a budget of $79,000. The association recently approved a budget, effective in 1 month, for $109,000 per year. Bob has recommended that the board terminate the management company, to which the association pays $1,000 a month, and hire him instead at $500 per month. Bob just completed the CAM Pre-Licensure course. - Answer This is lawful only if Bob is licensed as a CAM on or prior to starting his management position, and the documents permit directors and officers to receive compensation. The Palm Air HOA governing documents permit voting in elections for the board of directors by secret ballot, for members who are not in attendance at the annual meeting. In order to do so, the member must: - Answer Place an election ballot in an inner envelope , and place the inner envelope in an outer envelope, which the member signs. The purpose of Regulatory Council of Community Association Managers is to: - Answer Provide licensure exam and continuing education requirements for CAMs. Maritza Plaza Condominium has appointed John Smith, a volunteer director, as the community member liaison to its management company. - Answer A volunteer director who is not compensated for his duties as a director need not have a CAM license. Prospective members must receive certain information from an HOA when purchasing a new unit, including: - Answer Community association disclosures. Juan Appel, an ambitious young man, works for the Ombudsman's office. He recently was elected Chair of the Ozark Republican Party. - Answer An employee of the ombudsman's office may not serve as an office in a local, state or national, political party. Components of a collection policy should not include: - Answer Court charges for filing of liens. "At will" means: - Answer An employee who may be dismissed at any time for any non-discriminatory reasons, with or without cause. Pest Control operators and companies are governed by: - Answer F.S. 482 The Ombudsman duties include but are not limited to the following: - Answer Encourage and facilitate voluntary meetings with and between members, directors, managers, and other affected parties of condominiums. Community association management companies must file for company licensure: - Answer Once every two years of October 1st of odd numbered years. HOAs must: - Answer File for arbitration with DBPR when member contest election or recalls. Pursuant to F.S. 720, an HOA has all but the following powers in an emergency declared by the governor. - Answer Contract, on behalf of a member for items or services for which the member is individually responsible. A reason stated in F.S. 718 that condominium members may vote to terminate the association include: - Answer Cost to make necessary repairs so that the property meets code is too high. The Scarlet Zabala Condominium wants to hire a paid manager. If there are more than ____ units, or the budget exceeds $____, then the manager must be licensed through the DBPR as a Community Association Manager. - Answer 10: $100,000 Balasquie Acres Condominium, with 474 units, employes a maintenance director, Mike Rugminom, who reports directly to the president. Mike oversees 2 maintenance employees, the janitorial staff, and supervises all maintenance contractors for the association. Balasquide Acres has a CAM, Melissa Perez, who directs management and operations. - Answer Mike must be licensed as a Community Association Manager. You are the manager of the Ochoa Horizons Cooperative, which is about to go through a major renovation project. The board has asked you to handle the project, including preparing the construction contract, and filing any notices provided for in Chapter 713,. F.S. (Liens). - Answer Depending upon the extent of the request, these activities may constitute the unauthorized practice of the law. How many members are there on the Regulatory Council of Condominium Managers? - Answer 7 members appointed by the Governor of the State. A type of joint ownership of real estate where an individual purchases shares of a stock in a corporation, which gives the purchaser the right to occupy a unit under a proprietary lease is: - Answer Cooperative. A condominium is created when its declaration of covenants is recorded in the: - Answer Public records of the county in which the property is located. What type of community permits individual units to be owned and occupied for fixed periods of time in a given year? - Answer Timeshare. Under which statute are the majority of homeowners' associations in Florida organized? - Answer Chapter 617, F.S. The ____ establishes the formal regulations for all of the property including the basic rights and responsibilities of each member, resident, member, and guest. - Answer Declaration. What document establishes the procedures for carrying out the responsibilities of the association and governs the actual operation of the association? - Answer Bylaws. According to Part V of the Cooperative Act, what agency is designated to enforce and ensure compliance with provisions of the Cooperative Act? - Answer Department of Business & Professional Regulations. The annual fee paid to the Division of Florida Condominiums, Timeshares & Mobile Homes, for each unit operated by a condominium association, is due by: - Answer January 1st every year. A mobile home park owner must pay ___ for each lot to be used in his mobile home park when forming the mobile home park: - Answer $10, minimum $100.

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Uploaded on
August 16, 2023
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Written in
2023/2024
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  • florida community

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