200 Comprehensive Questions & Verified Answers | Florida
DBPR Ch. 468, 718 & 720
Questions 1–25: Licensing & General Association Law
Question 1
A manager is hired for a fee to handle maintenance and collect dues for a 12-unit
condominium. Does this manager need a CAM license?
A. No, because the budget is under $100,000
B. Yes, because it has more than 10 units and receives compensation
C. No, unless the property is an HOA
D. Yes, but only if they control bank accounts
Explanation: A CAM license is required when managing an association with more than 10
units OR a budget exceeding $100,000 for compensation.
Question 2
Which entity regulates Community Association Managers in Florida?
A. Division of Florida Condominiums
B. Florida Real Estate Commission (FREC)
C. Regulatory Council of Community Association Managers under DBPR
D. Department of Financial Services
Explanation: The Regulatory Council of CAMs operates under the Department of Business
and Professional Regulation (DBPR).
,Question 3
How many hours of continuing education (CE) must a Florida CAM complete every renewal
cycle?
A. 10 hours
B. 12 hours
C. 15 hours
D. 20 hours
Explanation: Florida CAMs must complete 15 hours of approved continuing education
during each two-year license renewal cycle.
Question 4
A CAM license expires on which date every two years?
A. December 31st
B. September 30th
C. May 31st
D. March 31st
Explanation: Florida CAM licenses expire on September 30th of odd or even years
depending on the licensee's renewal cycle.
Question 5
Which of the following is considered a core management activity requiring a CAM license?
A. Performing routine lawn maintenance
B. Cleaning the community pool
C. Controlling or disbursing association funds
D. Painting common elements
,Explanation: Controlling funds, drafting budgets, or coordinating maintenance decisions are
licensed management activities.
Question 6
Chapter 718, Florida Statutes, is known as the:
A. Cooperative Act
B. Condominium Act
C. Homeowners' Association Act
D. Florida Mobile Home Act
Explanation: Chapter 718 regulates Condominiums; Chapter 719 covers Cooperatives;
Chapter 720 covers HOAs.
Question 7
Chapter 719, Florida Statutes, governs which type of property?
A. Timeshares
B. Condominiums
C. Cooperatives
D. Mobile Home Parks
Explanation: Chapter 719 is the statutory authority governing Cooperatives in Florida.
Question 8
Mandatory Homeowners' Associations are regulated by which chapter of Florida Statutes?
A. Chapter 617
B. Chapter 718
C. Chapter 720
, D. Chapter 723
Explanation: Chapter 720 governs mandatory Homeowners' Associations in Florida.
Question 9
Mobile Home Communities where residents own the lot are regulated primarily by Chapter:
A. 718
B. 719
C. 720
D. 723
Explanation: Chapter 723 F.S. governs Mobile Home Park Lot Tenancies.
Question 10
Florida Not-For-Profit Corporations are primarily created and governed under Chapter:
A. 607
B. 617
C. 468
D. 718
Explanation: Chapter 617 F.S. governs Corporations Not For Profit, which applies to almost
all residential associations.
Question 11
What is the hierarchy of governing documents from highest to lowest authority?
A. Declaration, Articles of Incorporation, Bylaws, Rules & Regulations
B. Bylaws, Declaration, Articles, Rules
C. Rules, Declaration, Bylaws, Articles