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FL CAM PRACTICE EXAM #1 ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!!.$15.99
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FL CAM PRACTICE EXAM #1 ACTUAL EXAM COMPLETE
100 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND
NEW VERSION!!.
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✔✔
ANSWER✔✔A.
The document that created an elaborate set of convenants and restrictions
that establish basic rights and responsibilities of homeowners' assocaition
members, residents and guests is the:
A. Charter
B. Bylaws.
C. Articles.
D. Declaration.✔✔ ANSWER✔✔D.
Florida's Condominium Act and the Not-For-Profit Act require which
document to establish procedures for carrying out the day-to-day operations
of the association?
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,A. Charter
B. Bylaws.
C. Declaration.
D. Articles.✔✔ ANSWER✔✔B.
The Condominium Act specifies that which of the following are reserved for
exclusive use of certain owners?
A. Common ares.
B. Limited common elements.
C. Recreation areas.
D. Elevators✔✔ ANSWER✔✔B.
The community association statute require that each association's governing
documents be recoreded with which of the following to be effective?
A. The Department of Business and Professional Regulation,
B. The clear of the circuit court.
C. The recording office.
D. The Division of Florida Condominiums, Timeshares and Mobile Homes✔✔
ANSWER✔✔B.
The Condominium Act gives which of the following the power to enforce and
ensure compliance with the law?
A. The Department of State.
B. The directors of the associations.
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,C. The Division of Florida Condominiums, Time Shares, and Mobile Homes.
D. the clerk of the circuit court✔✔ ANSWER✔✔C.
When an existing rental property is converted to a condominium, each
tenant has:
A. the statutory right to begin legal action against the developer.
B. already been notified of his/her certain eviction.
C. the right to continue to rent for an unspecified time.
D. the right to extend his or her lease.✔✔ ANSWER✔✔D.
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.✔✔ 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.
3|Page
, 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.✔✔
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✔✔ 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✔✔ 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
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