|| Most Recent Exam 2026|2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers) Already
Graded A+ |Guaranteed Success!! Newest Exam | Just
Released!!
What is the primary purpose of Florida's regulation of community
association managers?
A. To establish property-tax rates for associations
B. To regulate the professional practice of community association
management
C. To regulate all residential construction in Florida
D. To determine homeowners' mortgage eligibility
Answer: B. To regulate the professional practice of community
association management
Rationale: Chapter 468, Part VIII, Florida Statutes establishes the
regulatory framework for community association managers, including
licensure, professional standards, continuing education, and disciplinary
provisions. The purpose is to protect the public and promote competent
and ethical management.
Which Florida agency is responsible for licensing community
association managers?
A. Department of Revenue
,B. Department of Financial Services
C. Department of Business and Professional Regulation
D. Department of Community Affairs
Answer: C. Department of Business and Professional Regulation
Rationale: The Department of Business and Professional Regulation
(DBPR) administers the licensing system for Florida community
association managers and community association management firms.
Applicants and licensees interact with DBPR for applications,
examinations, renewals, and other licensing matters.
Under Florida law, when is a CAM license generally required?
A. Whenever a person owns property in a condominium
B. When a person receives compensation for covered management
services involving an association exceeding the statutory threshold
C. Only when an association has more than 1,000 members
D. Only when the manager works for a government agency
Answer: B. When a person receives compensation for covered
management services involving an association exceeding the statutory
threshold
Rationale: Florida law defines community association management as
specified management activities performed for remuneration when the
association or associations served contain more than 10 units or have
annual budgets in excess of $100,000. DBPR likewise states that a license
is required when compensation is received for covered management
services under the statutory threshold.
,Which activity is specifically included within the statutory definition of
community association management?
A. Selling individual homeowners' properties
B. Preparing association budgets
C. Performing private mortgage underwriting
D. Providing personal income-tax advice
Answer: B. Preparing association budgets
Rationale: Preparing budgets and other financial documents for a
qualifying community association is expressly included among activities
constituting community association management.
Which person generally does NOT need a CAM license when
performing only the specified duties?
A. A person controlling association funds independently
B. A person determining assessment amounts independently
C. A clerical employee performing ministerial functions under the
direct supervision and control of a licensed manager
D. A person negotiating association contracts without supervision
Answer: C. A clerical employee performing ministerial functions under
the direct supervision and control of a licensed manager
Rationale: Florida law provides an exception for persons performing
clerical or ministerial functions under the direct supervision and control
of a licensed manager. The exception does not authorize an unlicensed
person to independently perform regulated management functions.
, What is the role of the Florida Regulatory Council of Community
Association Managers?
A. To regulate real-estate mortgages
B. To assist in the regulation of the CAM profession
C. To establish county zoning ordinances
D. To collect property taxes
Answer: B. To assist in the regulation of the CAM profession
Rationale: The Regulatory Council of Community Association Managers
is part of the statutory regulatory structure established under Chapter
468, Part VIII. Its functions relate specifically to community association
management regulation.
Which educational requirement is currently identified by DBPR for an
applicant seeking an initial CAM license?
A. 4 hours of unrelated college coursework
B. 16 hours of CAM-approved prelicensure education
C. 40 hours of real-estate brokerage education
D. 80 hours of construction training
Answer: B. 16 hours of CAM-approved prelicensure education
Rationale: DBPR identifies completion of 16 hours of CAM-approved
pre-licensure education as part of the requirements for obtaining a CAM
license. Other requirements include application, fingerprints, fees,
character qualifications, and passing the state examination.