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Florida CAM Multiple Choice Q&A
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Florida CAM Multiple Choice Q&A
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Florida CAM Multiple Choice Q&A_____ usually establishes the entity responsible for the maintenance,
✅✅
management, and
operation of the community property and its assets. - -Corporate charter
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"At will" means: - -An employee who may be dismissed at any time for
any non-discriminatory reasons, with or without cause.
A condominium association currently has three swimming pools. The board of
✅✅
directors has determined that it can save a considerable amount of money if it
demolishes two of the three swimming pools. - -Removal of two
swimming pools constitutes a material alteration of the common elements.
The board must check the language of the declaration and the Condominium
Act for the manner in which to proceed.
✅✅
A condominium is created when its declaration of covenants is recorded in
the: - -Public records of the county in which the property is located.
A mobile home association: - ✅✅ -May permit members to issue proxies for
member meetings, which are valid for 90 days.
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A mobile home park owner must pay ___ for each lot to be used in his mobile
home park when forming the mobile home park: - -$10, minimum $100.
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A person who manages a rental apartment complex _____ a Community
Association Manager's License. - -May, but is not required, to have.
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A reason stated in F.S. 718 that condominium members may vote to terminate
the association include: - -Cost to make necessary repairs so that the
property meets code is too high.
A type of joint ownership of real estate where an individual purchases shares
✅✅
of a stock in a corporation, which gives the purchaser the right to occupy a
unit under a proprietary lease is: - -Cooperative.
According to Part V of the Cooperative Act, what agency is designated to
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enforce and ensure compliance with provisions of the Cooperative Act? -
-Department of Business & Professional Regulations.
, ✅✅
Adriana Bosberg purchased a timeshare unit yesterday. After looking over the
contract Adriana finds the timeshare will not meet her needs. - -Adriana
may cancel the contract within 10 days of purchase.
Alex Grimble owns a unit on the 15th floor of the Hollow Hills Condominium.
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He has placed a charcoal grill on his balcony, so that he may barbeque each
weekend. - -Barbeque grills fueled by combustible substances are not
permitted on balconies.
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All of the following are reasons why an individual might buy a condominium
unit, except: - -More individual freedoms.
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All records of the Xabales Way Condominium must be made accessible to
members: - -Within 45 miles of the association.
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Amendments to the Declaration of Covenants & Restrictions are not effective
until: - -The certificate of amendment is recorded with the clerk of the
court where the documents were originally recorded.
✅✅
An electronic voting system allows associations to conduct elections and
voting through: - -A secure Internet based online voting system
An example of a limited common element is not: - ✅✅-Guest parking,
because only guests may park there.
Appurtenances in a condominium include rights of: - ✅✅-Use and access to
easements
Association rules and regulations must be: - ✅✅-Within the scope of the
board's authority.
Balasquie Acres Condominium, with 474 units, employes a maintenance
director, Mike Rugminom, who reports directly to the president. Mike oversees
2 maintenance employees, the janitorial staff, and supervises all maintenance
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contractors for the association. Balasquide Acres has a CAM, Melissa Perez,
who directs management and operations. - -Mike must be licensed as a
Community Association Manager.
Bob Jones is the president of the Flagler Mandelion Condominium. Flagler
Mandelion has 42 units and a budget of $79,000. The association recently
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