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FL CAM PRACTICE EXAM 2 ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!!.
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FL CAM PRACTICE EXAM 2 ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!!.

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  • September 27, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • FL CAM
  • FL CAM

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FL CAM PRACTICE EXAM 2 ACTUAL EXAM COMPLETE
100 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND
NEW VERSION!!.

Ms. Nocredit's community association assessment account is delinquent.
The Florida Law-Abiding Homeowners' Association may file a claim of lien for
the delinquent assessment after revising her with how many days' notice of
intent to lien?
A. 30
B. 25
C. 15
D. 45 ✔✔ANSWER✔✔D.


Community associations having annual receipts of at least $300,000.00 but
less than $500,000.00 must make available to unit owners which of the
following types of financials statements unless waived?
A. Reported
B. Compiled
C. Corrected and accurate
D. Reviewed. ✔✔ANSWER✔✔D.


All associations ______________________ to file an annual income tax
return.
A. Are required

, B. Are not required.
C. Are required to file under Section 528 of the Code
D. Are never required ✔✔ANSWER✔✔A.


Joe Tighwad, a condominium board member. Is always slow to pay his
monetary obligations to the association. If he becomes more than _____ day
delinquent, he will automatically be removed from the board.
A. 30
B. 60
C. 90
D. 120 ✔✔ANSWER✔✔C.


Chapter 718 & 719, F.S. Require the board-adopted annual budget to include
reserves fo which of the following choices?
I. Roof replacement and pavement resurfacing.
II. Building Painting
III. Seal coating and restraining all asphalt areas that currently costs
$8,000.00
IV. Replacement of the light fixtures and poles at six tennis courts that
currently cost $18,000.


A. I Above
B. I and II above
C. I, II, and IV above.

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