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FL CAM Practice exam with 100% correct answers
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FL CAM Practice exam with 100%correct answers
Amendments to the homeowners' association declaration become effective when:
A. recorded with the clerk of the circuit court.
B. recorded with the Department of State
C. recorded with the board.
D. recorded with the Department of Business and Professional Regulation. - correct answer A.
The Bountiful Gardens Condominium wants to remove the swimming pool to save
money. Which of the following would apply?
A. The association should first check the language of the declaration as it applies to
material modifications.
B. The decision to remove property from the common elements is elft to the association
officers. C. Only a majority vote of a quorum of the membership i required by statue to remove
a common element.
D. The association may never make such change according to F.S. 719. - correct answer A.
The owner-controlled board of the Flamingo Condominium wants to establish policies
regarding exclusive use of the clubhouse of the condominium for private functions. Which
document will give the board guidance on how to set up these policies? A. The articles of
incorporation
B. The declaration
C. The DBPR Declaratory Statements
D. The Florida Statue addressing private parties - correct answer B.
Rules adopted by the Division of Florida Condominium, Time Shares, and Mobile Homes are
incorporated into:
A. Chapter 723 F.S.
,B. Chapter 718 F.S.
C. Chapter 719 F.S.
D. The administrative code - correct answer D.
In a mandatory homeowners' association, the board must provide the members notice of a
board meeting at least:
A.20 days in advance
B. 48 hours in advance
C. 5 days in advance
D. 4 days in advance - correct answer B.
The authority that makes it unlawful to discriminate against any person in terms, or conditions of
sale or rental of a residence because of race, color, national origin, sex, handicap, religion, or
familiar status is the:
A. Equal Opportunity Act
B. Real Estate Sales Act
C. Fair Housing Act
D. Florida Human Relations Act - correct answer C.
The property owned by all of the owners in a condominium is referred to as:
A. Condominium Property
B. The common elements
C. Recreation property
D. Owners' use property - correct answer B.
Which of the following mandatory homeowners' associations would not be subject to regulation
by the special provisions of Chapter 720, F.S.?
A. An association with 230 lots
B. An association with annual assessments of $500
C. An association regulated by Chapter 718, F.S.
D. There are no exclusions from regulation by this part of the statute - correct answer C.
, After purchasing the mobile home park, the residents form a community association and hire a
paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the
association exceeds:
A.$50,000
B.$75,000
C.$100,00
D.$125,000 - correct answer C.
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 - correct answer B.
The type of community association that permits individual units to be owned and occupied by
different people during the year is a:
A.time-share property.
B.cooperative.
C.phase condominium
D.townhouse - correct answer A.
Appurtenances in a condominium or cooperative include rights of:
A. use and access to all individual units.
B. liens.
C. the association's records.
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