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Exam (elaborations)

Florida CAM 2022 Exam Questions and Answers with Complete Solutions

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If a declaration of condominium or bylaws so provide, an association may require a security deposit from prospective lessees up to the amount of - ANSWER-1 month's rent A homeowner's association board must obtain competitive bids for any contract which will cost in excess of - ANSWER-10% of the annual budget including reserves Employees with the community association are usually those workers where the association pays or deducts for - ANSWER-social security tax, unemployment compensation wages, and federal withholding taxes The ______ is an attorney appointed by the governor who acts as a liaison between the division, unit owners, Board of Directors, Board Members, community association managers, and other affected parties. - ANSWER-Ombudsman The Division of Condominiums, Timeshares and Mobile homes is partially funded by - ANSWER-fees, fines, penalties, and court costs For Towning zones, the words "tow-away-zone" on the sign must be at least _______ inches high - ANSWER-4 Association employees can perform pesticide applications to - ANSWER-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. - ANSWER-32 An elevator's certificate of operation is valid for - ANSWER-up to 2 years An elevator must display a certificate of operation and - ANSWER-a no-smoking sign Are air condition units and heating equipment covered in the Association Fire and Casualty Property Insurance? - ANSWER-Yes, for hazard and casualty. but not for normal maintenance and repair

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