Page 1 of 119
FLORIDA COMMUNITY ASSOCIATION MANAGER
PRELICENSURE COURSE EXAM*** QUESTIONS
AND ANSWERS | VERIFIED AND WELL
DETAILED ANSWERS |DOWNLOAD AND PASS |
LATEST EXAM UPDATE 2026/2027
Acme Real Estate Service Company, a licensed real estate
broker, desires to perform community association
management services on a contractual basis for several
community associations with total of 240 units. Which of
the following statements is correct?
❖ACME must apply for a license as a community
association management firm, designate on the
application one licensed community associations
manager who will respond to all inquires from the
DBPR and the Division of Professions and all persons
employed by ACME providing management services
must be incensed as community association
managers.
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B. Since ACME is a licensed real estate broker, no
additional registration of licensing is required.
C. ACME, as a real estate broker, has no other licensing
requirements; however ACME must employ at least one
licensed person as a community associations manager to
qualify the company to provide community association
management services.
D. ACME may negotiate with the board and if one of the
board members is licensed, ACME does not need to be
licensed or registered.
A.
The Sunshine Homeowners' Association has 72 units and
an annual budget of $63,000 per year. The board of
directors of the association has three members. The
association has had difficulty in finding members willing to
serve on the board. The members of the association
amended the governing documents at the annual meeting
to pay board members $50 per month for serving on the
board. Which is correct?
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A. Since the association has fewer than 100 units,
licensing as a community association manager is not
required.
B. Since this is not a condominium or cooperative,
licensing as a community association manager is not
required.
❖C. If the board members are compensated, they each
must be licensed as a community association
manager.
D. Board members, whether compensated or not, need
not be licensed as a community association manager.
C.
Voting for directors in a mandatory homeowners'
association will be conducted:
❖As provided in the documents and the statues.
B. By limited proxy only.
C. By designation of a director to vote for any absent
owner.
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D. By general proxy.
A.
In distributing the notice of the annual membership
meeting, a cooperative owners' association must assure
that the minimum number of days between notifications
and the meeting is:
A. 30
B. 10
C. 25
❖D. 14
D.
Cost Conscious Condominium is presently preparing their
annual budget. Expenses on the proposed budget are to
be listed by:
A. Accounting methods
FLORIDA COMMUNITY ASSOCIATION MANAGER
PRELICENSURE COURSE EXAM*** QUESTIONS
AND ANSWERS | VERIFIED AND WELL
DETAILED ANSWERS |DOWNLOAD AND PASS |
LATEST EXAM UPDATE 2026/2027
Acme Real Estate Service Company, a licensed real estate
broker, desires to perform community association
management services on a contractual basis for several
community associations with total of 240 units. Which of
the following statements is correct?
❖ACME must apply for a license as a community
association management firm, designate on the
application one licensed community associations
manager who will respond to all inquires from the
DBPR and the Division of Professions and all persons
employed by ACME providing management services
must be incensed as community association
managers.
,Page 2 of 119
B. Since ACME is a licensed real estate broker, no
additional registration of licensing is required.
C. ACME, as a real estate broker, has no other licensing
requirements; however ACME must employ at least one
licensed person as a community associations manager to
qualify the company to provide community association
management services.
D. ACME may negotiate with the board and if one of the
board members is licensed, ACME does not need to be
licensed or registered.
A.
The Sunshine Homeowners' Association has 72 units and
an annual budget of $63,000 per year. The board of
directors of the association has three members. The
association has had difficulty in finding members willing to
serve on the board. The members of the association
amended the governing documents at the annual meeting
to pay board members $50 per month for serving on the
board. Which is correct?
,Page 3 of 119
A. Since the association has fewer than 100 units,
licensing as a community association manager is not
required.
B. Since this is not a condominium or cooperative,
licensing as a community association manager is not
required.
❖C. If the board members are compensated, they each
must be licensed as a community association
manager.
D. Board members, whether compensated or not, need
not be licensed as a community association manager.
C.
Voting for directors in a mandatory homeowners'
association will be conducted:
❖As provided in the documents and the statues.
B. By limited proxy only.
C. By designation of a director to vote for any absent
owner.
, Page 4 of 119
D. By general proxy.
A.
In distributing the notice of the annual membership
meeting, a cooperative owners' association must assure
that the minimum number of days between notifications
and the meeting is:
A. 30
B. 10
C. 25
❖D. 14
D.
Cost Conscious Condominium is presently preparing their
annual budget. Expenses on the proposed budget are to
be listed by:
A. Accounting methods
