Exam (elaborations)
CAM Exam Correct Questions & Answers(LATEST UPDATE 2024)Correct 100%
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The Delton Beach Condo, with 400 units, has a budget of 2.5 million. It also has $3M reserves. a. The ass must maintain a Fidelity Bond of $5.5M. b. The ass must hire a CAM. c. The ass must have an annual audit. d. The ass must have at least 5 directors on the board. - ANSWER c. The ass must ha...
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