Exam (elaborations)
Florida Cam Exam Questions and Answers 2024
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Exam of 30 pages for the course Fl Cam at Fl Cam (Florida Cam Exam)
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Florida Cam ExamA Community Association is generally defined as real or personal property, owned by
two or more entities, which share the responsibility for the costs of maintenance and
administration - answer True
Purchasers of a timeshare plan have a ten day contract rescission period in which to
cancel the purchase - answer True
The Florida Fair Housing Act prohibits discrimination on the basis of handicap - answer
True
A valid Declaration of Condominium must contain easements for ingress and egress to
all units and the common elements - answer True
Compliance with the Construction Lien Law is very technical and can have an impact on
title to property. Therefore the board should always consult with the manager regarding
lien issues - answer False. The board should consult an attorney.
Corporate Charter - answer Articles of Incorporation are also known as the
Establishes the power and authority of the community Association
Establishes the corporate entity that is responsible for management, maintenance and
operation of the community association
Is based in corporate law - answerArticles of Incorporation ( Corporate Charter)
Florida Not for Profit Corporate Act - answerFS 617
Florida Corporate Act - answerFS 607
Conducting business and Community Association affairs
Operating and managing the association property and assets
Suing and defending against actions
Lending money for association purposes
Acquiring Property
Entering into contracts and purchasing items that are required for operations and
maintenance
Incurring liabilities
Borrowing funds
Mortgaging community association properties - answerPowers that are granted in FS
617
,Condominium Act - answerFS 718
Form of joint ownership of real property that comprises:
Exclusive ownership of each unit
Joint undivided share of common elements
Required membership in the community association - answerWhat is a condominium?
Cooperative Act - answerFS 719
Mandatory Homeowner's Association - answerFS 720
Mandatory contents of a declaration ( condos) - answerFS 718.104
Definitions of the corporate entity, powers of association, easements, rights of access to
unit, insurance, official records of the association, community directory, financial
reporting requirements, purchase of units, purchase of land and recreation leases,
operations of condominiums created prior to January 1, 1977, commingling - answerFS
718.111
FS 718.1124 - answerDefinitions of required contents of bylaws, including
administration, notice requirements, quorum, proxies, voting requirements, elections,
electronic voting, candidate eligibility, director certificate/education requirements,
recalls, arbitration, timeshare condominium exceptions, board and member meetings,
Annual budget requirements, assessments, amendment of bylaws, transfer fees,
director and officer delinquencies and offenses, common elements ( limited power to
convey to a condemning authority)
FS 718.113 - answerMaintenance requirements, display of flags and religious
decorations, hurricane shutters, and other types of code-complaint hurricane protection
FS 718.114 - answerAssociation powers, acquisition of leasehold memberships and
other possessory or use interests
FS 718.115 - answerCommon Expenses and common surplus, expense and credits for
hurricane protection, communication expenses
FS 718.116 - answerLiability for not paying common expenses, including the right to
assess interest, lien, foreclose, and collect rents from delinquent members etc., liability
of first mortgage holder, liability of previous owners
FS 718.303 - answerProvides that if a member is more than 90 days delinquent or has
failed to comply with his or her monetary obligation that is due to the community
association, or has failed to comply with the documents or reasonable rules, the right to
use common elements can be suspended. Provides fining authority and procedures.
The pH of the pool water must be maintained at: - answer7.2-7.8
, Condominium and Cooperative Associations pay an annual fee of $_______ per
residential unity, per ______ to the DFCTSMH Trust Fund - answer$4.00/ Year
A windstorm self insurance pool must include 3 or more associations, all of which must
be residential, with not less than 50 units. - answerTrue
The member must place an election ballot in an inner envelope, and place the inner
envelope in an outer envelope, which the member signs. - answerProcedures for voting
in secret for members who are not in attendance at the annual meeting.
The purpose of Regulatory Council of Community Association Managers is to -
answerProvide licensure exam and continuing education requirements for CAMS
A volunteer director who is not compensated for his duties as a director need not have a
CAM license - answerTrue
Prospective members must receive certain information from an HOA when purchasing a
new unit, including Community Association Disclosures - answerTrue
An employee of the ombudsman's office may not serve as an officer in a local, state, or
national political party - answerTrue
Components of a collection policy should not include court charges for filing of liens -
answerTrue
At will means - answeran employee who may be dismissed at any time for any non-
discriminatory reasons, with or without cause
.
FS 482 - answergoverns pest control companies and operators
The Ombudsman duties include but are not limited to - answerEncourage and facilitate
voluntary meetings with and between members, directors, managers, and other affected
parties of condominiums
Community association management companies must file for company insurance -
answerOnce very two years on October 1st of odd numbered years.
HOA's must file for arbitration with DBPR when members contest elections of recalls -
answerTrue
Pursuant to FS 720, an HOA has all the following powers in an emergency declared by
the governer: - answerto cancel and reschedule an association meeting
to designate assistant officers who are not directors
to relocate the association's principal officer or designate an alternative office
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