FL CAM PRACTICE EXAM #1 EXAM WITH
CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
Terms in this set (100)
After purchasing the mobile home C.
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
A type of joint ownership of real B.
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. condominium
,The type of community association A.
that permits individual units to be
owned and occupied by different
people during the year is a:
A.time-share property.
B.cooperative.
C.phase condominium
D.townhouse
Appurtenances in a condominium D.
or cooperative include rights of:
A. use and access to all individual
units.
B. liens.
C. the association's records.
D. the use of and access to all
easements, membership in the
association, and assigned
percentage of ownership in the
common areas and any club
membership rights.
,Any person or firm licensed under B.
Part VIII of Chapter 468, Florida
Statutes, is considered:
A. responsible for management
B. capable of performing
community association
management services.
C. capable of transferring
possessions and ownership of
cooperative property.
A homeowners' association where B.
membership in the association is
mandatory for all owners and the
association has a lien right which is
not a condominium or cooperative
is regulated by provisions of which
Florida statute?
A. 648, F.S.
B. 720, F.S.
C. 721, F.S.
D 735, F.S.
A board member of a condominium A.
or cooperative association may not
accept anything of value providing
goods or services to the
association for his/her benefit or
the benefit of his/her family except:
A. for items received at trade fairs
or educational programs
B. when fully disclosed to all of the
other board members.
C. when received from a vendor
who is also a relative.
D. when the item received has a
value of less than $500.00
, The document that created an D.
elaborate set of convenants and
restrictions that establish basic
rights and responsibilities of
homeowners' assocaition members,
residents and guests is the:
A. Charter
B. Bylaws.
C. Articles.
D. Declaration.
Florida's Condominium Act and the B.
Not-For-Profit Act require which
document to establish procedures
for carrying out the day-to-day
operations of the association?
A. Charter
B. Bylaws.
C. Declaration.
D. Articles.
The Condominium Act specifies that B.
which of the following are reserved
for exclusive use of certain owners?
A. Common ares.
B. Limited common elements.
C. Recreation areas.
D. Elevators
CORRECT ACTUAL QUESTIONS AND
CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
Terms in this set (100)
After purchasing the mobile home C.
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
A type of joint ownership of real B.
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. condominium
,The type of community association A.
that permits individual units to be
owned and occupied by different
people during the year is a:
A.time-share property.
B.cooperative.
C.phase condominium
D.townhouse
Appurtenances in a condominium D.
or cooperative include rights of:
A. use and access to all individual
units.
B. liens.
C. the association's records.
D. the use of and access to all
easements, membership in the
association, and assigned
percentage of ownership in the
common areas and any club
membership rights.
,Any person or firm licensed under B.
Part VIII of Chapter 468, Florida
Statutes, is considered:
A. responsible for management
B. capable of performing
community association
management services.
C. capable of transferring
possessions and ownership of
cooperative property.
A homeowners' association where B.
membership in the association is
mandatory for all owners and the
association has a lien right which is
not a condominium or cooperative
is regulated by provisions of which
Florida statute?
A. 648, F.S.
B. 720, F.S.
C. 721, F.S.
D 735, F.S.
A board member of a condominium A.
or cooperative association may not
accept anything of value providing
goods or services to the
association for his/her benefit or
the benefit of his/her family except:
A. for items received at trade fairs
or educational programs
B. when fully disclosed to all of the
other board members.
C. when received from a vendor
who is also a relative.
D. when the item received has a
value of less than $500.00
, The document that created an D.
elaborate set of convenants and
restrictions that establish basic
rights and responsibilities of
homeowners' assocaition members,
residents and guests is the:
A. Charter
B. Bylaws.
C. Articles.
D. Declaration.
Florida's Condominium Act and the B.
Not-For-Profit Act require which
document to establish procedures
for carrying out the day-to-day
operations of the association?
A. Charter
B. Bylaws.
C. Declaration.
D. Articles.
The Condominium Act specifies that B.
which of the following are reserved
for exclusive use of certain owners?
A. Common ares.
B. Limited common elements.
C. Recreation areas.
D. Elevators
