FLORIDA CAM LICENSE PRACTICE EXAM 2 Versions
Actual 200 Questions with Answers & Explanations |
instant pdf download
This completes all 200 questions. The exam covers:
Governance & Meetings – Ch. 718 & 720
Financial Management, Budgets & Reserves
Insurance Requirements
Operations & Maintenance
Fair Housing Laws
Timeshares – Ch. 721
Ethics & Professional Conduct
Comprehensive Review
SECTION 1: CONDOMINIUM GOVERNANCE & MEETINGS (Questions 1-25)
1. How many days' notice is required for a condominium board meeting where
regular business will be conducted?
A) 14 days posted notice
B) 48 hours posted notice
,C) 7 days mailed and posted notice
D) 30 days mailed notice
Answer: B – 48 hours posted notice
Explanation: Per F.S. 718.112(2)(c), notice of all board meetings must be posted in a
conspicuous place on the condominium property at least 48 hours in advance, except in an
emergency.
2. A special assessment in a condominium requires what percentage of owner
approval if it exceeds a certain amount?
A) 50% of total voting interests
B) 66⅔% of total voting interests
C) 75% of total voting interests unless the declaration provides otherwise
D) A majority of a quorum
Answer: C – 75% of total voting interests unless the declaration provides otherwise
Explanation: Per F.S. 718.112(2)(c), special assessments that exceed 115% of the current
fiscal year's assessments require approval of 75% of the total voting interests, unless the
declaration provides for a lower percentage.
,3. A unit owner in a condominium has the right to speak at board meetings regarding:
A) All agenda items
B) Only items the board president approves
C) Designated agenda items only
D) Any designated agenda item, subject to reasonable time restrictions
Answer: D – Any designated agenda item, subject to reasonable time restrictions
Explanation: Per F.S. 718.112(2)(c), unit owners have the right to speak on all designated
agenda items, subject to reasonable time limits set by the board.
4. How long must condominium official records be retained?
A) 3 years
B) 5 years
C) 7 years
D) 10 years
Answer: C – 7 years
Explanation: Per F.S. 718.111(12)(a), official records of the association must be maintained
, for at least 7 years, though some documents like the declaration, bylaws, and articles of
incorporation are permanent records.
5. What is the minimum number of board members for a condominium association?
A) 3 unless the bylaws provide otherwise
B) 5
C) 7
D) 9
Answer: A – 3 unless the bylaws provide otherwise
Explanation: Per F.S. 718.112(2)(a), the board of administration must consist of at least 3
members, unless the bylaws provide for a different number. In a residential condominium,
all board members must be unit owners or spouses of unit owners.
6. Proxies in a condominium association election:
A) Are never allowed
B) May be used for any vote
Actual 200 Questions with Answers & Explanations |
instant pdf download
This completes all 200 questions. The exam covers:
Governance & Meetings – Ch. 718 & 720
Financial Management, Budgets & Reserves
Insurance Requirements
Operations & Maintenance
Fair Housing Laws
Timeshares – Ch. 721
Ethics & Professional Conduct
Comprehensive Review
SECTION 1: CONDOMINIUM GOVERNANCE & MEETINGS (Questions 1-25)
1. How many days' notice is required for a condominium board meeting where
regular business will be conducted?
A) 14 days posted notice
B) 48 hours posted notice
,C) 7 days mailed and posted notice
D) 30 days mailed notice
Answer: B – 48 hours posted notice
Explanation: Per F.S. 718.112(2)(c), notice of all board meetings must be posted in a
conspicuous place on the condominium property at least 48 hours in advance, except in an
emergency.
2. A special assessment in a condominium requires what percentage of owner
approval if it exceeds a certain amount?
A) 50% of total voting interests
B) 66⅔% of total voting interests
C) 75% of total voting interests unless the declaration provides otherwise
D) A majority of a quorum
Answer: C – 75% of total voting interests unless the declaration provides otherwise
Explanation: Per F.S. 718.112(2)(c), special assessments that exceed 115% of the current
fiscal year's assessments require approval of 75% of the total voting interests, unless the
declaration provides for a lower percentage.
,3. A unit owner in a condominium has the right to speak at board meetings regarding:
A) All agenda items
B) Only items the board president approves
C) Designated agenda items only
D) Any designated agenda item, subject to reasonable time restrictions
Answer: D – Any designated agenda item, subject to reasonable time restrictions
Explanation: Per F.S. 718.112(2)(c), unit owners have the right to speak on all designated
agenda items, subject to reasonable time limits set by the board.
4. How long must condominium official records be retained?
A) 3 years
B) 5 years
C) 7 years
D) 10 years
Answer: C – 7 years
Explanation: Per F.S. 718.111(12)(a), official records of the association must be maintained
, for at least 7 years, though some documents like the declaration, bylaws, and articles of
incorporation are permanent records.
5. What is the minimum number of board members for a condominium association?
A) 3 unless the bylaws provide otherwise
B) 5
C) 7
D) 9
Answer: A – 3 unless the bylaws provide otherwise
Explanation: Per F.S. 718.112(2)(a), the board of administration must consist of at least 3
members, unless the bylaws provide for a different number. In a residential condominium,
all board members must be unit owners or spouses of unit owners.
6. Proxies in a condominium association election:
A) Are never allowed
B) May be used for any vote
