Articles of incorporation - Study guides, Class notes & Summaries
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Florida Real Estate Exam 2024 with 100% correct answers
- Exam (elaborations) • 33 pages • 2024
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Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 
 
1) $1,050.00 
2) $1,260.00 
3) $630.00 
4) $525.00 - correct answer -$1,260.00 
 
Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. 
 
Heather has been using a roadway at the back of the 22 acre...
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CEN 800 exam 2024 with 100% correct answers
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Canadian Legal System 
· Based on equity and common law (judge made) 
· Theory of Precedent 
· Legislative 
 
 
 
Corporations and Corporate Law 
· Articles of Incorporation/ Letters Patent 
· Jurisdiction of Incorporation 
· Objects 
· By-laws 
· Resolutions 
· Public vs. Private 
· Participants 
o Shareholders 
o Directors 
o Officers 
o Employees
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Florida Cam Exam | 400 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 40 Pages
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A 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 - True 
Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase 
- True 
The Florida Fair Housing Act prohibits discrimination on the basis of handicap - True 
A valid Declaration of Condominium must contain easements for ingress and egress to all units and the 
co...
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2024/2025 LAW RESA Corporation Exam - Questions with Verified Answers, A Grade
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2024/2025 LAW RESA Corporation Exam - Questions with Verified Answers, A Grade As regards the corporate by laws, which of the following is false? A. To adopt majority of the outstanding capital stock is needed B. To delegate to the BOD the power to amend, repeal, or adopt new by-laws, 2/3 of the outstanding capital stock C. To revoke the power delegated to the board to amend, repeal, or adopt new by-laws, 2/3 of the outstanding capital stock D. To amend, repeal or adopt new by-laws, majority o...
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FL CAM License Exam 2023 Graded A+
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FL CAM License Exam 2023 Graded A+ 
1. Condominium form of ownership is comprised of units owned by one or more persons 
and joint ownership of ________ share in the common elements. 
A. a percentage 
B. an undivided 
C. a proportional 
D. a complete - ANSWER-B. an undivided 
Condominium means individual ownership of a unit coupled with joint ownership of an 
undivided share of the common elements as well as mandatory membership in the 
association. 
2. Under the General Corporate Law _______...
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CAM LICENSE Exam Questions With Correct Answers Latest Updated 2024 (GRADED)
- Exam (elaborations) • 32 pages • 2024
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CAM LICENSE Exam Questions With Correct Answers Latest Updated 2024 (GRADED) Condominium form of ownership is comprised of units owned by one or more persons and 
joint ownership of ________ share in the common elements. 
A. a percentage 
B. an undivided 
C. a proportional 
D. a complete Correct Answer: B. an undivided 
Condominium means individual ownership of a unit coupled with joint ownership of an 
undivided share of the common elements as well as mandatory membership in the association. 
2...
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Florida Cam Exam (100% Accurate Answers) 2024.
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A 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 correct answers True 
 
Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase correct answers True 
 
The Florida Fair Housing Act prohibits discrimination on the basis of handicap correct answers True 
 
A valid Declaration of Condominium must contain easements f...
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Fl Cam License Final Exam Test 2024/2025
- Exam (elaborations) • 32 pages • 2024
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Fl Cam License Final Exam Test 
2024/2025 
1. Condominium form of ownership is comprised of units owned by one or more persons 
and joint ownership of ________ share in the common elements. 
A. a percentage 
B. an undivided 
C. a proportional 
D. a complete - CORRECT ANSWER-B. an undivided 
Condominium means individual ownership of a unit coupled with joint ownership of an 
undivided share of the common elements as well as mandatory membership in the 
association. 
2. Under the General Corpo...
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M100 Community Association Management Review Questions with 100% Verified Answers
- Exam (elaborations) • 71 pages • 2024
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M100 Community Association 
Management Review Questions with 
100% Verified Answers 
Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in 
order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of 
directors. 
d. Cert...
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M100 Community Association Management Exam Questions with 100% Verified Answers.
- Exam (elaborations) • 70 pages • 2024
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M100 Community Association Management Exam Questions with 100% Verified Answers. 
Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in 
order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of 
directors. 
d. Certain docu...
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