Florida Community Association Manager Exam Package Deal

4 Types of Community Associations - Answer 1. Condo - FS 718 2. Coop - FS 719 3. HOA - FS 720 4. Timeshare - FS 721 NOT Mobile Home 723 Which type of living condition is NOT a community association? - Answer Mobile Home - FS 723 Documents include (3) - Answer 1. Declaration 2. A...

CAM - Answer Community Association manager Manager or management firm - Answer The board by decide to delegate or hire a? The board may NEVER delegate it's responsibility for __________-__________ or _________ ________________. - Answer Decision -making or policy judgements Community Assoc...

A community association is Generally defined as real or personal property,owned by two or more entities, which share the responsibility for the cost of maintenance and administration - Answer True Purchasers of a timeshare plan have a 10 day contract recision period in which to cancel the purchas...

Community Association (Definition) - Answer a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residential un...

The pH of the pool water must be maintained at: - Answer 7.2-7.8 A person who manages a rental apartment complex _____ a Community Association Manager's License. - Answer May, but is not required, to have. Condominium & Cooperative Associations pay an annual fee of $____ per residential unit,...

Community Association is both - Answer is both a a community and a business. Community associations are established with principles similar to those of government and good business practices. Community Association function - Answer is to preserve, maintain, and enhance the property, association, ...

Community Association - Answers A community association is defined as any type of association which is connected to or linked to residential property ownership through which the purchase of a residential unit within the community includes a membership in the association which provides the vehicle an...

Florida Condominium Law is contained in which Chapter of the Florida Statutes? - Answer 718 Minutes of meeting of the BOD must be maintained for: - Answer 7 years Emergency powers of a condominium board, if a state of emergency has been declared, include: - Answer Borrow money and pledge assoc...

A Community is defined as - Answer Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for maintenance and administration of property, assets, and association, and with specific rights granted to the members. Com...

being licensed under part VIII of chapter 468 F.S. means - Answer you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners - Answer limited common elements property owned by all owners...