Cam practic Study guides, Class notes & Summaries

CAM Practice Test UPDATED ACTUAL Exam Questions and CORRECT Answers All of the following expenses can be deducted from the security deposit of a resident EXCEPT: - CORRECT ANSWER -Background check fees. Who should complete a rental application? - CORRECT ANSWER -Prospective resident Which reason BEST describes why it is important for an apartment manager to paraphrase a resident's remarks during a conversation? - CORRECT ANSWER -It helps avoid miscommunication and shows that the apar...

Cost Conscious Condominium is presently preparing their annual budget. Expenses on the proposed budget are to be listed by: A. Accounting methods B. Account and classification C. Sequence D. Numerical order B. Kathryn Stifspine, a cooperative shareholder, becomes delinquent in payment of her monetary obligations to the association. The association may A. Immediately begin foreclosure proceedings. B. Restrict her voting rights immediately when she becomes delinquent. C. Demand that...

CAM Practice Questions and Answers with complete solution

A. Holdover rent B. Unpaid Rent C. Background Check fee D. Eviction fees - correct answer All of the following expenses can be deducted from the security deposit of a resident EXCEPT. Who should complete a rental application? - correct answer A. Prospective resident B. Property Manager C. Minor occupant D. Leasing Agent Which reason BEST describe why it is important for an apartment manager to paraphrase a resident's remarks during a conversation? - correct answer It helps to avoi...

After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 - C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a: A. mobile home. B. cooperative C. mandatory homeowners' association. D. condom...

CAM Practice Questions and Answers with complete solution

Cost Conscious Condominium is presently preparing their annual budget. Expenses on the proposed budget are to be listed by: A. Accounting methods B. Account and classification C. Sequence D. Numerical order - Answer- B. Kathryn Stifspine, a cooperative shareholder, becomes delinquent in payment of her monetary obligations to the association. The association may A. Immediately begin foreclosure proceedings. B. Restrict her voting rights immediately when she becomes delinquent. C. Deman...

FL CAM Practice Exam #1 with Verified Answers

CAM Practice Questions and Answers with complete solution

FL CAM Practice Exam 2 questions and answers 2024(graded A+).