FLORIDA CAM LICENSE PRACTICE EXAM 1 FL
COMMUNITY ASSOCIATION MANAGER 150+
QUESTIONS & ANSWER>-S LATEST UPDATED 2026
DBPR APPROVED
1. After purchasing the mobile home 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. $100,000
D. $125,000
ANSWER>✔-: C. $100,000
Rationale:
A. $50,000: Incorrect. This threshold applies to certain financial reporting requirements, not to the
licensure requirement for a community association manager .
B. $75,000: Incorrect. This is not the statutory threshold for CAM licensure.
**C. $100,000:** Correct. Under Florida law, a community association manager must be licensed if the
association they manage has an annual budget exceeding $100,000, or if the association has more than
10 units .
,**D. $125,000:** Incorrect. This is above the statutory threshold of $100,000.
2. A type of joint ownership of real 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.
ANSWER>✔-: B. cooperative.
Rationale:
A. mobile home: Incorrect. A mobile home is a type of dwelling, not a form of ownership where title is
held collectively.
B. cooperative: Correct. In a cooperative, the corporation or association holds legal title to the property,
and the individual owns shares that grant a proprietary lease to occupy a specific unit .
C. mandatory homeowners' association: Incorrect. This describes an association type, not the form of
ownership.
D. condominium: Incorrect. In a condominium, the individual unit owner holds legal title to their specific
unit and a share of the common elements .
3. The type of community association 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.
ANSWER>✔-: A. time-share property.
Rationale:
A. time-share property: Correct. Timeshare properties are designed to allow multiple owners to have
rights of use, possession, or occupancy of a unit during different recurring periods .
B. cooperative: Incorrect. Cooperatives involve a single legal entity holding title and granting occupancy
rights to shareholders, typically for full-time residence.
C. phase condominium: Incorrect. This refers to a condominium built in phases, not to the concept of
fractional ownership.
D. townhouse: Incorrect. A townhouse is a style of residential building, not a specific form of ownership.
4. Appurtenances in a condominium 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.
ANSWER>✔-: 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.
Rationale:
, A. use and access to all individual units: Incorrect. Unit owners do not have appurtenant rights to access
all individual units, only common areas.
B. liens: Incorrect. Liens are security interests, not appurtenant rights.
C. the association's records: Incorrect. The right to inspect records is a statutory right, not typically an
appurtenance.
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: Correct. In a condominium,
appurtenant rights pass with the unit and include these elements, which are detailed in the declaration .
5. Any person or firm licensed under 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.
D. responsible for the association's financial obligations.
ANSWER>✔-: B. capable of performing community association management services.
Rationale:
A. responsible for management: Incorrect. While they perform management services, ultimate
responsibility rests with the association's board.
B. capable of performing community association management services: Correct. Licensure under Part
VIII of Chapter 468 authorizes the holder to perform the defined services of community association
management .
COMMUNITY ASSOCIATION MANAGER 150+
QUESTIONS & ANSWER>-S LATEST UPDATED 2026
DBPR APPROVED
1. After purchasing the mobile home 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. $100,000
D. $125,000
ANSWER>✔-: C. $100,000
Rationale:
A. $50,000: Incorrect. This threshold applies to certain financial reporting requirements, not to the
licensure requirement for a community association manager .
B. $75,000: Incorrect. This is not the statutory threshold for CAM licensure.
**C. $100,000:** Correct. Under Florida law, a community association manager must be licensed if the
association they manage has an annual budget exceeding $100,000, or if the association has more than
10 units .
,**D. $125,000:** Incorrect. This is above the statutory threshold of $100,000.
2. A type of joint ownership of real 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.
ANSWER>✔-: B. cooperative.
Rationale:
A. mobile home: Incorrect. A mobile home is a type of dwelling, not a form of ownership where title is
held collectively.
B. cooperative: Correct. In a cooperative, the corporation or association holds legal title to the property,
and the individual owns shares that grant a proprietary lease to occupy a specific unit .
C. mandatory homeowners' association: Incorrect. This describes an association type, not the form of
ownership.
D. condominium: Incorrect. In a condominium, the individual unit owner holds legal title to their specific
unit and a share of the common elements .
3. The type of community association 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.
ANSWER>✔-: A. time-share property.
Rationale:
A. time-share property: Correct. Timeshare properties are designed to allow multiple owners to have
rights of use, possession, or occupancy of a unit during different recurring periods .
B. cooperative: Incorrect. Cooperatives involve a single legal entity holding title and granting occupancy
rights to shareholders, typically for full-time residence.
C. phase condominium: Incorrect. This refers to a condominium built in phases, not to the concept of
fractional ownership.
D. townhouse: Incorrect. A townhouse is a style of residential building, not a specific form of ownership.
4. Appurtenances in a condominium 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.
ANSWER>✔-: 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.
Rationale:
, A. use and access to all individual units: Incorrect. Unit owners do not have appurtenant rights to access
all individual units, only common areas.
B. liens: Incorrect. Liens are security interests, not appurtenant rights.
C. the association's records: Incorrect. The right to inspect records is a statutory right, not typically an
appurtenance.
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: Correct. In a condominium,
appurtenant rights pass with the unit and include these elements, which are detailed in the declaration .
5. Any person or firm licensed under 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.
D. responsible for the association's financial obligations.
ANSWER>✔-: B. capable of performing community association management services.
Rationale:
A. responsible for management: Incorrect. While they perform management services, ultimate
responsibility rests with the association's board.
B. capable of performing community association management services: Correct. Licensure under Part
VIII of Chapter 468 authorizes the holder to perform the defined services of community association
management .
