FLORIDA COMMUNITY ASSOCIATION MANAGER EXAM – PRACTICE
QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) PLUS
RATIONALES 2026 Q&A | INSTANT DOWNLOAD PDF.
*Core Domains*
*Florida Statutes Chapter 718 (Condominiums)*
*Florida Statutes Chapter 720 (Homeowners)*
*Florida Statutes Chapter 719 (Cooperatives)*
*Financial Management and Budgets*
*Physical Property Asset Management*
*Risk Management and Insurance*
*Meeting Procedures and Governance*
*Contracting and Human Resources*
*Introduction*
The Florida Community Association Manager (CAM) practice examination is
designed to prepare candidates for the rigorous licensure process by simulating the
complexity and scope of the state regulatory exam. This assessment evaluates
essential skills and knowledge required to manage residential community
associations in Florida, covering legal compliance, financial reporting, and operational
,governance. The examination utilizes a mix of multiple-choice and scenario-based
questions to mirror the real-world challenges managers face. Emphasis is placed on
the practical application of Florida Statutes and the critical decision-making
processes necessary to protect association assets and ensure ethical professional
conduct in a high-stakes environment.
1. According to Florida Statute 718, what is the minimum number of days' notice
required for a board meeting at which a special assessment will be considered?
A. 48 hours
B. 7 days
🟢 C. 14 days
D. 30 days
🔴 RATIONALE: Florida Statutes require that notice of any meeting where a special
assessment or changes to rules regarding unit use will be considered must be
mailed, delivered, or electronically transmitted to unit owners and posted
conspicuously on the property at least 14 days before the meeting.
2. A community association manager is reviewing a contract for a roofing project. If
the contract exceeds 1% of the association's total annual budget, the
association must generally:
,🟢 A. Obtain competitive bids
B. Hire a licensed architect to oversee the work
C. Seek approval from the Department of Business and Professional Regulation
D. Wait for the next annual meeting for member approval
🔴 RATIONALE: Under Florida law for both Condominiums and HOAs, if a contract
for the purchase of equipment or services exceeds 5% (Condo) or 10% (HOA) of the
total annual budget, competitive bids are required. However, many associations have
lower thresholds in their bylaws, and Florida law generally mandates competitive
bidding for large-scale projects to ensure fiduciary duty.
3. Which of the following is considered a part of the "official records" of a
condominium association that must be made available for inspection by a
member?
A. Attorney-client privileged communications
B. Information obtained by an association in connection with the approval of a lease
C. Personnel records of association employees
🟢 D. A copy of the current insurance policies
🔴 RATIONALE: Insurance policies are explicitly listed as official records under
Florida Statutes. Personnel records, medical records, and attorney-client privileged
, documents are protected and are not subject to inspection by members.
4. A Board of Directors is preparing the annual budget. Which of the following is a
non-statutory reserve account that is nonetheless commonly funded?
A. Roof replacement
🟢 B. General painting
C. Pavement resurfacing
D. Any item with a deferred cost exceeding $10,000
🔴 RATIONALE: Statutory reserves for condominiums include roof replacement,
painting, and pavement resurfacing. Painting is specifically mandated by statute
718.112 as a required reserve item for condominium budgets.
5. When a unit owner is more than 90 days delinquent in paying a fee or
assessment, the board may:
A. Change the locks on the unit
B. Terminate the owner's utility services
🟢 C. Suspend the owner's right to use common elements
D. Forbid the owner from attending board meetings
QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) PLUS
RATIONALES 2026 Q&A | INSTANT DOWNLOAD PDF.
*Core Domains*
*Florida Statutes Chapter 718 (Condominiums)*
*Florida Statutes Chapter 720 (Homeowners)*
*Florida Statutes Chapter 719 (Cooperatives)*
*Financial Management and Budgets*
*Physical Property Asset Management*
*Risk Management and Insurance*
*Meeting Procedures and Governance*
*Contracting and Human Resources*
*Introduction*
The Florida Community Association Manager (CAM) practice examination is
designed to prepare candidates for the rigorous licensure process by simulating the
complexity and scope of the state regulatory exam. This assessment evaluates
essential skills and knowledge required to manage residential community
associations in Florida, covering legal compliance, financial reporting, and operational
,governance. The examination utilizes a mix of multiple-choice and scenario-based
questions to mirror the real-world challenges managers face. Emphasis is placed on
the practical application of Florida Statutes and the critical decision-making
processes necessary to protect association assets and ensure ethical professional
conduct in a high-stakes environment.
1. According to Florida Statute 718, what is the minimum number of days' notice
required for a board meeting at which a special assessment will be considered?
A. 48 hours
B. 7 days
🟢 C. 14 days
D. 30 days
🔴 RATIONALE: Florida Statutes require that notice of any meeting where a special
assessment or changes to rules regarding unit use will be considered must be
mailed, delivered, or electronically transmitted to unit owners and posted
conspicuously on the property at least 14 days before the meeting.
2. A community association manager is reviewing a contract for a roofing project. If
the contract exceeds 1% of the association's total annual budget, the
association must generally:
,🟢 A. Obtain competitive bids
B. Hire a licensed architect to oversee the work
C. Seek approval from the Department of Business and Professional Regulation
D. Wait for the next annual meeting for member approval
🔴 RATIONALE: Under Florida law for both Condominiums and HOAs, if a contract
for the purchase of equipment or services exceeds 5% (Condo) or 10% (HOA) of the
total annual budget, competitive bids are required. However, many associations have
lower thresholds in their bylaws, and Florida law generally mandates competitive
bidding for large-scale projects to ensure fiduciary duty.
3. Which of the following is considered a part of the "official records" of a
condominium association that must be made available for inspection by a
member?
A. Attorney-client privileged communications
B. Information obtained by an association in connection with the approval of a lease
C. Personnel records of association employees
🟢 D. A copy of the current insurance policies
🔴 RATIONALE: Insurance policies are explicitly listed as official records under
Florida Statutes. Personnel records, medical records, and attorney-client privileged
, documents are protected and are not subject to inspection by members.
4. A Board of Directors is preparing the annual budget. Which of the following is a
non-statutory reserve account that is nonetheless commonly funded?
A. Roof replacement
🟢 B. General painting
C. Pavement resurfacing
D. Any item with a deferred cost exceeding $10,000
🔴 RATIONALE: Statutory reserves for condominiums include roof replacement,
painting, and pavement resurfacing. Painting is specifically mandated by statute
718.112 as a required reserve item for condominium budgets.
5. When a unit owner is more than 90 days delinquent in paying a fee or
assessment, the board may:
A. Change the locks on the unit
B. Terminate the owner's utility services
🟢 C. Suspend the owner's right to use common elements
D. Forbid the owner from attending board meetings
