FLORIDA COMMUNITY ASSOCIATION MANAGER
(CAM) STATE EXAM PRACTICE EXAM | STUDY GUIDE |
TESTBANK | LATEST UPDATE 2026/2027 | QUESTIONS |
100% CORRECT ANSWERS
## Table of Contents
- Florida Community Association Manager Laws and Rules
- Homeowners' Associations and Condominium Governance
- Cooperative Associations
- Fiduciary Duties and Ethics
- Financial Management and Budgeting
- Meetings, Elections, and Voting
- Records Management and Official Records
- Contracts, Procurement, and Vendor Oversight
- Insurance, Risk Management, and Dispute Resolution
- Professional Responsibilities and Regulatory Compliance
Introduction
The Florida Community Association Manager (CAM) State Examination evaluates a
candidate's ability to competently manage condominium, cooperative, and
homeowners' associations in accordance with Florida law and professional standards.
Candidates are expected to interpret statutes, apply administrative rules, exercise
sound fiduciary judgment, oversee financial operations, ensure regulatory
compliance, and effectively advise association boards. The examination emphasizes
practical decision-making through realistic management scenarios rather than simple
memorization. This practice examination reflects current professional expectations
for the 2026/2027 testing cycle and is designed to strengthen analytical skills, legal
interpretation, ethical reasoning, governance expertise, and operational management
proficiency.
Question 1
A CAM discovers that the association president instructed a contractor to begin work
before board approval, exceeding the spending authority established by board
,policy. What is the CAM's most appropriate professional response?
A. Authorize payment because the president represents the association.
B. Advise the board that the expenditure should be reviewed for compliance with
governing documents before payment is processed.
C. Refuse to discuss the issue because only directors may question the president.
D. Pay the invoice immediately to preserve the contractor relationship.
Correct Answer: B
Explanation: A CAM has a fiduciary responsibility to advise the board regarding
compliance with governing documents and established financial authority before
association funds are disbursed.
Question 2
An association member requests access to official records. The CAM knows several
requested documents are protected from owner inspection by law. What should the
CAM do?
A. Deny the entire request.
B. Provide only records subject to owner inspection while withholding protected
records.
C. Require a court order before releasing any records.
D. Allow inspection of all records to avoid legal disputes.
Correct Answer: B
Explanation: Florida law distinguishes between accessible official records and
records exempt from owner inspection. Only exempt records should be withheld.
,Question 3
The board intends to discuss pending litigation during a meeting. Which action best
complies with Florida requirements?
A. Close the entire board meeting.
B. Conduct all discussions privately.
C. Limit closed discussions only to legally authorized attorney-client sessions.
D. Cancel the meeting until litigation concludes.
Correct Answer: C
Explanation: Attorney-client sessions concerning pending litigation are limited
exceptions to open meeting requirements.
Question 4
An association's reserve funding has become insufficient due to unexpected
structural repairs. Before recommending a special assessment, the CAM should first:
A. Recommend borrowing funds without board approval.
B. Analyze governing documents, statutory requirements, and financial alternatives.
C. Delay repairs indefinitely.
D. Transfer reserve funds without documentation.
Correct Answer: B
Explanation: Professional management requires evaluating legal authority,
governing documents, reserve policies, and available financial options before
recommending assessments.
, Question 5
A director asks the CAM to alter approved meeting minutes to remove controversial
discussions. What is the CAM's best response?
A. Revise them immediately.
B. Alter only minor comments.
C. Explain that approved minutes may only be amended through proper board
action.
D. Delete disputed sections without informing the board.
Correct Answer: C
Explanation: Meeting minutes are official corporate records and may only be
amended through authorized board procedures.
Question 6
Which situation presents the greatest conflict of interest for a CAM?
A. Recommending three competitive bids.
B. Accepting undisclosed compensation from a contractor seeking association
business.
C. Reviewing maintenance proposals.
D. Attending board workshops.
Correct Answer: B
Explanation: Undisclosed financial relationships compromise professional
independence and violate ethical obligations.
(CAM) STATE EXAM PRACTICE EXAM | STUDY GUIDE |
TESTBANK | LATEST UPDATE 2026/2027 | QUESTIONS |
100% CORRECT ANSWERS
## Table of Contents
- Florida Community Association Manager Laws and Rules
- Homeowners' Associations and Condominium Governance
- Cooperative Associations
- Fiduciary Duties and Ethics
- Financial Management and Budgeting
- Meetings, Elections, and Voting
- Records Management and Official Records
- Contracts, Procurement, and Vendor Oversight
- Insurance, Risk Management, and Dispute Resolution
- Professional Responsibilities and Regulatory Compliance
Introduction
The Florida Community Association Manager (CAM) State Examination evaluates a
candidate's ability to competently manage condominium, cooperative, and
homeowners' associations in accordance with Florida law and professional standards.
Candidates are expected to interpret statutes, apply administrative rules, exercise
sound fiduciary judgment, oversee financial operations, ensure regulatory
compliance, and effectively advise association boards. The examination emphasizes
practical decision-making through realistic management scenarios rather than simple
memorization. This practice examination reflects current professional expectations
for the 2026/2027 testing cycle and is designed to strengthen analytical skills, legal
interpretation, ethical reasoning, governance expertise, and operational management
proficiency.
Question 1
A CAM discovers that the association president instructed a contractor to begin work
before board approval, exceeding the spending authority established by board
,policy. What is the CAM's most appropriate professional response?
A. Authorize payment because the president represents the association.
B. Advise the board that the expenditure should be reviewed for compliance with
governing documents before payment is processed.
C. Refuse to discuss the issue because only directors may question the president.
D. Pay the invoice immediately to preserve the contractor relationship.
Correct Answer: B
Explanation: A CAM has a fiduciary responsibility to advise the board regarding
compliance with governing documents and established financial authority before
association funds are disbursed.
Question 2
An association member requests access to official records. The CAM knows several
requested documents are protected from owner inspection by law. What should the
CAM do?
A. Deny the entire request.
B. Provide only records subject to owner inspection while withholding protected
records.
C. Require a court order before releasing any records.
D. Allow inspection of all records to avoid legal disputes.
Correct Answer: B
Explanation: Florida law distinguishes between accessible official records and
records exempt from owner inspection. Only exempt records should be withheld.
,Question 3
The board intends to discuss pending litigation during a meeting. Which action best
complies with Florida requirements?
A. Close the entire board meeting.
B. Conduct all discussions privately.
C. Limit closed discussions only to legally authorized attorney-client sessions.
D. Cancel the meeting until litigation concludes.
Correct Answer: C
Explanation: Attorney-client sessions concerning pending litigation are limited
exceptions to open meeting requirements.
Question 4
An association's reserve funding has become insufficient due to unexpected
structural repairs. Before recommending a special assessment, the CAM should first:
A. Recommend borrowing funds without board approval.
B. Analyze governing documents, statutory requirements, and financial alternatives.
C. Delay repairs indefinitely.
D. Transfer reserve funds without documentation.
Correct Answer: B
Explanation: Professional management requires evaluating legal authority,
governing documents, reserve policies, and available financial options before
recommending assessments.
, Question 5
A director asks the CAM to alter approved meeting minutes to remove controversial
discussions. What is the CAM's best response?
A. Revise them immediately.
B. Alter only minor comments.
C. Explain that approved minutes may only be amended through proper board
action.
D. Delete disputed sections without informing the board.
Correct Answer: C
Explanation: Meeting minutes are official corporate records and may only be
amended through authorized board procedures.
Question 6
Which situation presents the greatest conflict of interest for a CAM?
A. Recommending three competitive bids.
B. Accepting undisclosed compensation from a contractor seeking association
business.
C. Reviewing maintenance proposals.
D. Attending board workshops.
Correct Answer: B
Explanation: Undisclosed financial relationships compromise professional
independence and violate ethical obligations.
