100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Florida Community Association Manager Prelicensure Course test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution $7.99   Add to cart

Exam (elaborations)

Florida Community Association Manager Prelicensure Course test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

1 review
 5 views  0 purchase
  • Course
  • Institution

Florida Community Association Manager Prelicensure Course test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Preview 4 out of 39  pages

  • June 19, 2024
  • 39
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

1  review

review-writer-avatar

By: EXAMQA • 3 months ago

avatar-seller
Florida Community Association Manager
Prelicensure Course
399, F.S. - ✅✅
-Elevator Statute
DBPR Division of Hotels and Restaurants

482, F.S. - ✅✅
-Pest Control
FL Department of Agriculture and Consumer Services

493, F.S. - ✅✅
-Security Guards
FL Department of Agriculture and Consumer Services

514, F.S. - ✅✅
-Pool Laws
FL Department of Health

617, F.S. - ✅✅-Not-for-Profit Corporate Act
715, F.S. - ✅✅-Towing of vehicles on private property

718, F.S. - ✅✅-Condominium Act (Statute)

719, F.S. - ✅✅-Cooperative Act (Statute)

720, F.S. - ✅✅-Homeowner's Association Statute

721, F.S. - ✅✅-Vacation and Timeshare Plans Statute

A board member of a condominium or cooperative association may not accept
anything of value providing goods or services to the association for his/her
benefit or the benefit of his/her family except:
A. for items received at trade fairs or educational programs
B. when fully disclosed to all of the other board members.

✅✅
C. when received from a vendor who is also a relative.
D. when the item received has a value of less than $500.00 - -A.

A claim of lien on a unit, parcel or share must be recorded with the:
A. County recorder's office
B. Clerk of the circuit court

,C. Clerk of the Division of Florida Condominium, Timeshares, and Mobile

✅✅
Homes
D. Supervisor of the county real estate board - -B.

A community association board acts on behalf of the association members
under the concept of:
A. Collective bargaining
B. Majority rules

✅✅
C. Chair rulings
D. Personal preferences. - -B.

A condominium association requiring audited financial statements will have
receipts of at least:
A. $100,000
B. $200,000

✅✅
C. $300,000
D. $500,000 - -A.

A condominium association's fiscal year-end formal financial statements:
A. Must be prepared on the accrual basis.
B. Must include a summary of the association's reserves and disclose the
amount necessary to fully fund each component using the straight line method
of calculation.

✅✅
C. Is only given to the association board and finance committee
D. Is not required to evaluate the association's reserves - -B.

A cooperative developer failing to pay the required fee or make the proper
filings to the division:
A. May be fined $150 per unit
B. May be fined $150 per day of delinquency

✅✅
C. May offer the units for sale
D. May not offer the units for sale - -D.

A homeowners' association where membership in the association is
mandatory for all owners and the association has a lien right which is not a
condominium or cooperative is regulated by provisions of which Florida
statute?
A. 648, F.S.
B. 720, F.S.
C. 721, F.S.

,D 735, F.S. - ✅✅-B.
A majority of the quorum at a membership meeting of a community
association may vote to ____________________ the collection of a reserve
for a roof replacement costing an estimated $21,470.
A. Eliminate from current and future consideration
B. Let only new owners fund

✅✅
C. Transfer to the wealthiest owners
D. Waive - -D.

A parcel owner in a homeowners' association has rented her unit to a tenant.
She is delinquent in the payment of her assessment. How long does the
association have to wait before making a demand on the tenant to pay the
rent to the association
A. The association must wait until the owner is more than 90 days delinquent
B. The association may not make a demand that the tenant pay the rent to the
association.
C. The association may make the demand as soon as the owner is delinquent

✅✅
D. The association must wait until the owner is more than 30 days delinquent
in the payment of the assessments - -C.

A special meeting of the membership is to be held and proper notice is given
to the membership. Which applies?
A. Only items on the agenda included in the notice may be considered at the
meeting
B. Only budget items may be considered if approved by a majority of those
present
C. The members may bring any new items before the body for consideration

✅✅
D. The board may add items to the agenda after the meeting has been
convened - -A.

A type of joint ownership of real estate where legal title is not vested in the
individual, but the individual receives the right to occupy a unit, is a:
A. mobile home.
B. cooperative

✅✅
C. mandatory homeowners' association.
D. condominium - -B.

A valid proxy given by one of the owners of the Never-Show Condominium
Assocaition may:

, A. Serves as a proxy only
B. Not serve as a voting certificate under any circumstance
C. Serves as a valid proxy and voting certificate if given by one of the multiple
owners.

✅✅
D. Serves as a voting certificate only if given by one of the multiple owners -
-C.

A valid proxy must contain:
A. A date and the signature of the owner(s) or shareholder(s)
B. The reason the proxy is given

✅✅
C. The name of the person voting the proxy, who must be resident owner
D.. The exact time the meeting will end - -A.

A water line breaks in the common area of the All Wet Condominium and the
manager needs to provide the plumber access to one of the units to repair the
leaking pipe. The owner is not home and has not provided the association with
a key? What action may the manager take?
A. The manager may enter the unit by any means necessary to access the
leaking pipe.
B. The manager needs to locate the owner and obtain permission to enter the
unit
C. The manager can tell the plumber to come back when the owner is home

✅✅
D. The manager needs to call the association president and get instructions
on what to do. - -A.

A(An) ______________ assessment is levied to cover expenses anticipated
to exceed the annual budget.
A. Annual
B. Quarterly

✅✅
C. Accrued
D. Special - -D.

Acme Real Estate Service Company, a licensed real estate broker, desires to
perform community association management services on a contractual basis
for several community associations with total of 240 units. Which of the
following statements is correct?
A. ACME must apply for a license as a community association management
firm, designate on the application one licensed community associations
manager who will respond to all inquires from the DBPR and the Division of

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Hkane. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76449 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (1)
  Add to cart