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Exam (elaborations)

CAM license Study Guide With Complete Solution

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being licensed under part VIII of chapter 468 F.S. means -Answer you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners -Answer limited common elements property owned by all owners in a condominium -Answer the common elements a maintenance coordinator must... -Answer be licensed as a community association manager and is not exempt the condominium concept is made up of... -Answer operation by the condominium association In order for a board member to be compensated... -Answer they must be licensed as a community association manager cooperative -Answer a type of joint ownership in real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit time-share property -Answer a type of community association that permits individual units to be owned and occupied by different people during the year appurtenances in a condominium or cooperative include... -Answer use and access to all easements, membership in the association, a assigned percentage of ownership in the common areas and any club membership rights mandatory homeowners association regulated by... -Answer 720 F.S. declaration -Answer a collection of documents that creates an elaborate set of covenants and restrictions that establish basic rights and responsibilities of residents and guests Bylaws -Answer required by the condominium act to establish the procedures for carrying out the day-to-day operations of the association condominium documents must be... -Answer recorded with the clerk of the circuit court as required by the condominium act part V of the condominium act -Answer gives the Division of Florida Land Sales, Condominiums, and Mobiles Homes the power to enforce and ensure compliance with the law

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Institution
CAM
Course
CAM

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Uploaded on
January 6, 2024
Number of pages
11
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • the condominium concept

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