100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Florida CAM Multiple Choice Q&A $7.99   Add to cart

Exam (elaborations)

Florida CAM Multiple Choice Q&A

1 review
 8 views  0 purchase
  • Course
  • Institution

Florida CAM Multiple Choice Q&A

Preview 2 out of 12  pages

  • June 19, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

1  review

review-writer-avatar

By: EXAMQA • 5 months ago

avatar-seller
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

✅✅
"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.


✅✅
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.


✅✅
A person who manages a rental apartment complex _____ a Community
Association Manager's License. - -May, but is not required, to have.


✅✅
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

✅✅
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.

✅✅
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.


✅✅
All of the following are reasons why an individual might buy a condominium
unit, except: - -More individual freedoms.


✅✅
All records of the Xabales Way Condominium must be made accessible to
members: - -Within 45 miles of the association.


✅✅
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

✅✅
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Hkane. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (1)
  Add to cart