Florida Cam UPDATED ACTUAL Exam Questions and CORRECT Answers
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Course
Florida Cam
Institution
Florida Cam
Florida Cam UPDATED ACTUAL Exam
Questions and CORRECT Answers
A Community Association is generally defined as real or personal property, owned by two or
more entities, which share the responsibility for the costs of maintenance and administration -
CORRECT ANSWER- True
Purchasers of a timesh...
Florida Cam UPDATED ACTUAL Exam
Questions and CORRECT Answers
A Community Association is generally defined as real or personal property, owned by two or
more entities, which share the responsibility for the costs of maintenance and administration -
CORRECT ANSWER✔✔- True
Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel
the purchase - CORRECT ANSWER✔✔- True
The Federal Fair Housing Act prohibits discrimination on the basis of disability - CORRECT
ANSWER✔✔- True
A Declaration of Condominium must contain easements for ingress and egress to all units and
the common elements - CORRECT ANSWER✔✔- True
Compliance with the Construction Lien Law (713 F.S.) is very technical and can have an
impact on title to property. Therefore the board should always consult with the manager
regarding lien issues - CORRECT ANSWER✔✔- False. The board should consult an
attorney.
A Corporate Charter - CORRECT ANSWER✔✔- Articles of Incorporation
Establishes the power and authority of the Community Association;
Establishes the corporate entity responsible for management, maintenance and operation of
the community association;
Is based in corporate law (607 or 617 F.S.) - CORRECT ANSWER✔✔- Articles of
Incorporation ( Corporate Charter)
Florida Not for Profit Corporate Act - CORRECT ANSWER✔✔- FS 617
Florida Corporate Act - CORRECT ANSWER✔✔- FS 607
,Does not mean "tax exempt" - CORRECT ANSWER✔✔- Not For Profit
Condominium Act - CORRECT ANSWER✔✔- FS 718
Form of joint ownership of real property that includes:
Exclusive ownership of each unit
An undivided share of common elements and land
Requires membership in the community association - CORRECT ANSWER✔✔- What is a
condominium?
Cooperative Act - CORRECT ANSWER✔✔- FS 719
Homeowners Association (HOA) - CORRECT ANSWER✔✔- FS 720
Mandatory content of a declaration ( condos) - CORRECT ANSWER✔✔- FS 718.104
No Stairs to Climb - CORRECT ANSWER✔✔- F.S. 399 (Elevators)
Who Do We Compensate - CORRECT ANSWER✔✔- F.S. 468, part VIII (Community
Association Manager Law)
No Pests for you! - CORRECT ANSWER✔✔- F.S. 482 (Pest Control)
Keep the Pool Clean - CORRECT ANSWER✔✔- F.S. 514 (Public Pools)
Not Free (Zero in number) Corporation - CORRECT ANSWER✔✔- F.S. 607 (Profit)
,Not for Profit (this is one) 1 in the number Corporation - CORRECT ANSWER✔✔- F.S.
617 (Not for Profit)
pH of pool water must be maintained at: - CORRECT ANSWER✔✔- 7.2-7.8
Condominium and Cooperative Associations pay an annual fee of $_______ per residential
unity, per ______ to the DFCTSMH Trust Fund - CORRECT ANSWER✔✔- $4.00/ Year
A windstorm self insurance group (pool) must include 3 or more associations, all of which
must be residential, with not less than 50 units. - CORRECT ANSWER✔✔- True
The voting member must place an election ballot in an inner envelope, and place the inner
envelope in an outer envelope, which the member signs. - CORRECT ANSWER✔✔-
Procedures for voting for members who are not in attendance at the annual meeting.
The purpose of Regulatory Council of Community Association Managers (RCCAM) is to -
CORRECT ANSWER✔✔- Provide licensure and continuing education requirements and
establish standards of professional conduct for CAMS and CABs.
A volunteer director who is not compensated for his or her duties as a director need not have
a CAM license - CORRECT ANSWER✔✔- True
Prospective members must receive certain information from an HOA when purchasing a new
unit, in the form of an HOA Disclosure - CORRECT ANSWER✔✔- True
An employee of the ombudsman's office may not serve as an officer in a local, state, or
national political party - CORRECT ANSWER✔✔- True
Components of a collection policy should not include court charges for filing of liens -
CORRECT ANSWER✔✔- True
At will means - CORRECT ANSWER✔✔- an employee who may be dismissed at any time
for any non-discriminatory reasons, with or without cause
, .
- CORRECT ANSWER✔✔- Protected
The Ombudsman duties include but are not limited to - CORRECT 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 insurance -
CORRECT ANSWER✔✔- Once very two years on October 1st of odd numbered years.
HOA's must file for arbitration with DBPR when members contest elections of recalls -
CORRECT ANSWER✔✔- True
Pursuant to FS 720, an HOA has all the following powers in an emergency declared by the
governer: - CORRECT ANSWER✔✔- to cancel and reschedule an association meeting
to designate assistant officers who are not directors
to relocate the association's principal officer or designate an alternative office
In an emergency an HOA Can not - CORRECT ANSWER✔✔- contract, on behalf of a
member for items of services for which the member is individually responsible.
Condominium members may vote to terminate the association if: - CORRECT
ANSWER✔✔- cost to make necessary repairs so that the property meets code is too high.
If there are more than _____ units, or the budget exceeds $________, the manager must be
licensed through DBPR as a community Association Manager - CORRECT ANSWER✔✔-
40/$100,000
How many members are there on the Regulatory Council of Condominium Managers? -
CORRECT ANSWER✔✔- 7 members appointed by the Governor of the State
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