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Exam (elaborations)

Community Association Manager (CAM) Newest Questions and Answers (2026/2027) | Comprehensive Review | A+ Verified

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Community Association Manager (CAM) Newest Questions and Answers (2026/2027) | Comprehensive Review | A+ Verified

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Community Association Manager (CAM)
Newest Questions and Answers (2026/2027)
| Comprehensive Review | A+ Verified
• Manager or management firm . CORRECT ANSWER: The board by decide to
delegate or hire a?


• The board may NEVER delegate it's responsibility for __________-__________
or _________ ________________. . CORRECT ANSWER: Decision -making or
policy judgements


• Community Association Manager (CAM) . CORRECT ANSWER: Person
licensed to provide management services to a community association.


• Community Association Management Business (CAB) . CORRECT ANSWER:
Firm that provides community association management services.


• CAMs/CABs are governed by: . CORRECT ANSWER: F.S. 455 and 468 (Part
VII)
F.A.C. 61-62
F.A.C. 61E-14


• CAM . CORRECT ANSWER: Performs certain practices that require substantial
specialized knowledge, judgement and managerial skill for compensation for a
community association.


• The manager of a community association must be a licensed CAM if: .
CORRECT ANSWER: The association or associations served contain more than
10 residential units OR have an annual budget or budgets in excess of $100,000

,(cumulative (add all)to either of these for a manager that services more than one
community)


• Practices defined by statute, performed by a CAM/CAB, include: . CORRECT
ANSWER: -assist in providing notice of or conduct a community association
meeting
-calculate and prepare certificates of assessment and estoppel certificates
-calculate the votes for a quorum or to approve a proposition or amendment
-collect amounts due to the association before filing a civil action
-complete forms related to the management of a community association that have
been created by statute or by a state agency
-comply with the associations governing documents and the requirements of law as
necessary to perform such practices
-control or disburse finds if a community association
-coordinate maintenance for a residential community association
-coordinate or perform maintenance for real or personal property and other related
routine services involved in the operation of a community association
-determine amounts due to the association
-determine the number of days required for statutory notices
-draft meeting notices and agendas
-draft pre-arbitration demands
-negotiate monetary or performance terms of a contract subject to approval by an
association
-prepare budgets or other financial documents for a community association
-perform other day to day services that are involved with the operation of a
community association

, • Unlicensed practice of law (UPL) . CORRECT ANSWER: The FL Supreme
Court issued an opinion that certain activities performed by a CAM/CAB may
require the use of a community association lawyer or else may constitute?


• Community Association management firm or community association
management business (CAB) . CORRECT ANSWER: A corporation, limited
liability company, partnership, trust, association, sole proprietorship, or other
similar organization involved in the business of community association
management to engage in certain practices that require substantial specialized
knowledge, judgement, and managerial skills for compensation.


• CAB . CORRECT ANSWER: Have the same responsibilities as a CAM?


• One must have a CAB license if? . CORRECT ANSWER: The association or
associations served contain more than 10 residential units OR have an annual
budget or budgets in excess of $100,000 (cumulative (add all)to either of these for
a manager that services more than one community)


• CABs must have? . CORRECT ANSWER: CAMs - or those who work for them
to serve Community Associations must have the license as legally required by FL
Statute


• CAB must have attests ______ licensed CAM . CORRECT ANSWER: 1


• F.S. 468 Part VIII . CORRECT ANSWER: If there is not at least one licensed
CAM in a CAB then the CAB license is automatically canceled during the period
there is no CAM


• CAM/CAB . CORRECT ANSWER: Employed by and works at the discretion of
the community association's board of directors.

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