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FL CAM LICENSE REVIEW QUESTIONS AND ANSWERS FULLY SOLVED $14.49   Add to cart

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FL CAM LICENSE REVIEW QUESTIONS AND ANSWERS FULLY SOLVED

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FL CAM LICENSE REVIEW

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  • November 25, 2024
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Fl Cam
  • Fl Cam
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julianah420
FL CAM LICENSE REVIEW

Traditionally, the normal maintenance responsibilities of the condominium association
common property belong to:a. The unit ownersb. The board of directors
c. The officers of the board d. The manager - answerb. The board of directors

If a condo association has adopted alternative election procedures, then it must follow
those procedures as set forth in its bylaws by:
The first notice must be sent out no less than forty five (45) days prior to the election
date.
The first notice of the election and annual meeting must be sent out no less than sixty
(60)
days prior to the election date.
The board can send out the first notice with the last board meeting which was thirty (30)
days before the annual meeting.
There is no specific date for the first notice of the annual meeting. – answer The first
notice of the election and annual meeting must be sent out no less than sixty (60)
days prior to the election date.

Are condominiums subject to the control of the Division of Hotels and Restaurants as
related to F.S. Chapter 399?
Condominium buildings and property are not subject to the authority, regulations or
control
of the Division of Hotels and Restaurants.
Condominium buildings and property are subject to the authority, regulations or control
of
the Division of Hotels and Restaurants. - answerCondominium buildings and property
are subject to the authority, regulations or control of
the Division of Hotels and Restaurants.

The board of directors at a regularly scheduled meeting voted to accept bids to install a
swimming pool. Now that the bids are in, what will the board of directors need to do to
proceed?
Get two thirds vote of the members at a special meeting of the membership.
Get approval of 75% vote of the Associations membership.
Get a majority vote of the board members to approve one bid.
Get the required majority votes of the membership per the documents to add to the
common
elements. - answerGet the required majority votes of the membership per the
documents to add to the common
elements.

,Water leaked into a condominium unit and damaged the dry wall and wallpaper. Who is
responsible for replacing the wallpaper?
The unit owner
The association
The management company
The developer - answerThe unit owner

All community association manager licensees must satisfactorily complete a minimum
of ________ hours of continuing education instruction during the license period.
a. 15 hours b. 18 hours c. 20 hours d. 10 hours - answer15 hours

Chapter 617 F.S. is known as __________________________.
The "Condominium Act "
The "Multi-condominium Act"
The "Great Developer Act"
The "Not For Profit Corporation Act - answerThe "Not For Profit Corporation Act

What is not required on the outer envelope of a vote of the election of the board
members?
The date
The unit number
The unit owners name
All of the above - answerthe date

The association is operating a 45 unit cooperative. It must complete which type of
financial statements with an annual revenue of $577,000.00?a. Noneb. Audited
c. Compiled d. Reviewed - answerb. Audited

According to F.S. 718.111: If an officer, director, or a manager goes to a trade fair or
educational program can they accept anything of value or receive free gifts?
Yes, at a trade show if the free gifts from vendors are under $25 as part of their
advertising.
You are allowed to take handouts and gifts from vendors as long as you give them your
business.
No, you cannot receive handouts or free gifts at trade shows.
Maybe, but they should be tasteful. - answerYes, at a trade show if the free gifts from
vendors are under $25 as part of their advertising

All of the association insurance policies are operating under F.S. 720, of which said
policies must be retained for at least _______ years.
One year
Five years
Seven years
Three years - answer7 years

, The State of Florida required licensing of community association managers in the
year_________?
1968
1988
1998
2001 - answer1988

All books and financial records of the Timeshare plan must be maintained in?
a. b. c.
Accordance with generally accepted accounting practicesThe manager's office building
d. Within 40 miles of the complex
A nice bound book - answerAccordance with generally accepted accounting
practicesThe manager's

. The security guard must wear a uniform that bears at least one patch with the name of
the________________?
City the association is located in
Association
Management company
Employing Agency - answeremploying agency

According to F.S. 718.3026, Condos entering contracts for products and services with
less than 10 units may opt out of bidding as stipulated in the statute if ___________ of
the unit owners vote to do so?a. Two-thirds
b. One-Thirdc. Three- Fourthsd. Fifty percent plus one - answer2/3

If the registered owner of a vehicle arrives at the scene prior to the removal or towing of
the vehicle for being parked illegally, the vehicle shall be?a. Disconnected from the
towing apparatus and the payment of a reasonable service fee of not
more than one-half of the posted rate be charged.b. Towed away and charged full
rate.c. Disconnected from the towing apparatus at no charge.d. Disconnected from the
towing apparatus and charged full rate. - answerDisconnected from the towing
apparatus and the payment of a reasonable service fee of not
more than one-half of the posted rate be charged

A special owners meeting notice must be mailed or delivered to each unit owner at
least__________________________________________?a. 14 days prior to the
meeting.b. 45 days prior to the meeting.
c. 30 days prior to the meeting. d. 60 days prior to the meeting. - answer14 days prior to
the meeting

A HOA unit owner requests a copy of the declaration from the association. What is the
time frame the association must produce the documents?
Within 10 business days of the written request.
Within 30 business days of the written request.
Within 14 days of the written request.

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