Florida CAM Exam Review Questions with complete
solutions 2027
If a declaration of condominium or bylaws so provide, an association may require a security
deposit from prospective lessees up to the amount of ✔1 month's rent
A homeowner's association board must obtain competitive bids for any contract which will cost in
excess of ✔ 10% of the annual budget includingreserves
Employees with the community association are usually those workerswhere the
association pays or deducts for ✔ social security tax, unemployment compensation
wages, and federal withholding taxes
The is an attorney appointed by the governor who acts as a liaisonbetween the
division, unit owners, Board of Directors, Board Members, community association managers,
and other affected parties. ✔ Ombudsman
The Division of Condominiums, Timeshares and Mobile homes is partiallyfunded by ✔ fees,
fines, penalties, and court costs
For Towning zones, the words "tow-away-zone" on the sign must be atleast inches high ✔
4
Association employees can perform pesticide applications to ✔ common areas ONLY. It is
acceptable for an owner to spray their own unit. However,if this is anyone other than the owner,
this person/contractor must be licensed by the state
If an association has a pool and has more than units, or
operates a public pool, it must maintain proper licensing. ✔ 32
An elevator's certificate of operation is valid for ✔ up to 2 years
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, An elevator must display a certificate of operation and ✔ a no-smokingsign
Are air condition units and heating equipment covered in the AssociationFire and Casualty
Property Insurance? ✔ Yes, for hazard and casualty.but not for normal maintenance and repair
AN employer in Florida with one or more full-time or part-time employeemust have ✔
Worker's compensation
Associations may levy fines of up to for a single violation ✔ $100
Non-binding arbitration, binding arbitration, and pre-suit mediationrequirements are all examples of
✔ alternative dispute resolution
In condominium association, disputes about the levy of a fee orassessment must
be resolved by ✔ a state court
If a timeshare owner fails to pay the assessments due, the association mayprohibit the owner
from ✔ occupying or exchanging his/her interest in the unit
In a community association, the certification of operation for an elevatormust be ✔
conspicuously posted in the elevator
A director and officers liability insurance policy ideally, but not necessarily,includes the ✔
community association manager
For a cooperative association, a fidelity bond for each person who is required to be bonded
must be equal to ✔ the maximum total amount ofmoney in the association account
CPIC helps associations with connot ✔ get insurance on the privatemarket
A directors and officer's liability insurance policy covers ✔ former andcurrent officers and
directors
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solutions 2027
If a declaration of condominium or bylaws so provide, an association may require a security
deposit from prospective lessees up to the amount of ✔1 month's rent
A homeowner's association board must obtain competitive bids for any contract which will cost in
excess of ✔ 10% of the annual budget includingreserves
Employees with the community association are usually those workerswhere the
association pays or deducts for ✔ social security tax, unemployment compensation
wages, and federal withholding taxes
The is an attorney appointed by the governor who acts as a liaisonbetween the
division, unit owners, Board of Directors, Board Members, community association managers,
and other affected parties. ✔ Ombudsman
The Division of Condominiums, Timeshares and Mobile homes is partiallyfunded by ✔ fees,
fines, penalties, and court costs
For Towning zones, the words "tow-away-zone" on the sign must be atleast inches high ✔
4
Association employees can perform pesticide applications to ✔ common areas ONLY. It is
acceptable for an owner to spray their own unit. However,if this is anyone other than the owner,
this person/contractor must be licensed by the state
If an association has a pool and has more than units, or
operates a public pool, it must maintain proper licensing. ✔ 32
An elevator's certificate of operation is valid for ✔ up to 2 years
messages.downloaded_by
, An elevator must display a certificate of operation and ✔ a no-smokingsign
Are air condition units and heating equipment covered in the AssociationFire and Casualty
Property Insurance? ✔ Yes, for hazard and casualty.but not for normal maintenance and repair
AN employer in Florida with one or more full-time or part-time employeemust have ✔
Worker's compensation
Associations may levy fines of up to for a single violation ✔ $100
Non-binding arbitration, binding arbitration, and pre-suit mediationrequirements are all examples of
✔ alternative dispute resolution
In condominium association, disputes about the levy of a fee orassessment must
be resolved by ✔ a state court
If a timeshare owner fails to pay the assessments due, the association mayprohibit the owner
from ✔ occupying or exchanging his/her interest in the unit
In a community association, the certification of operation for an elevatormust be ✔
conspicuously posted in the elevator
A director and officers liability insurance policy ideally, but not necessarily,includes the ✔
community association manager
For a cooperative association, a fidelity bond for each person who is required to be bonded
must be equal to ✔ the maximum total amount ofmoney in the association account
CPIC helps associations with connot ✔ get insurance on the privatemarket
A directors and officer's liability insurance policy covers ✔ former andcurrent officers and
directors
messages.downloaded_by
