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Exam (elaborations)

Florida Community Association Manager Licensing & Regulations: Key Statutes and Procedures

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Florida Community Association Manager Licensing & Regulations: Key Statutes and Procedures

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Florida Community Association Manager Licensing & Regulations: Key
Statutes and Procedures

1. Which Florida statute governs Community Chapter 468, Part VIII
Association Manager licensing?

2. Which agency regulates Community Asso- DBPR
ciation Managers in Florida?

3. How many hours are required for the CAM 16 hours
pre-licensing course?

4. Is the Florida CAM exam open book? Yes

5. Who administers the CAM exam? Pearson VUE

6. Can a CAM practice without a license? No

7. Who does a CAM work for? The association

8. What is fiduciary duty? Acting in the best interest of the association

9. Accepting kickbacks is allowed or prohibit- Prohibited
ed?

10. Conflicts of interest must be disclosed how? In writing

11. Can a CAM exceed the authority of the man- No
agement contract?

12. Who enforces governing documents? The Board of Directors

13. Which statute governs condominiums? Chapter 718

14. Which statute governs HOAs? Chapter 720

15. The Declaration
1/5

, Florida Community Association Manager Licensing & Regulations: Key
Statutes and Procedures

Which document has the highest authority
in an association?

16. Which document creates the association? The Declaration

17. Which document defines board structure Bylaws
and voting?

18. Rules must be consistent with what? Higher governing documents

19. Can rules override the declaration? No

20. If bylaws conflict with the declaration, The Declaration
which controls?

21. What is the minimum notice for board 48 hours
meetings?

22. What is the minimum notice for annual 14 days
meetings?

23. What is a quorum? Minimum number needed to conduct busi-
ness

24. Owners may attend board meetings when? Except closed sessions

25. Which meeting may be closed to owners? Attorney-client meetings

26. Who adopts the annual budget? The Board of Directors

27. Who prepares the proposed budget? The CAM or Board

28. If a budget is not adopted, what happens? Prior year's budget continues


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