100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Florida Community Association Manager Prelicensure Course test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Rating
5.0
(1)
Sold
-
Pages
39
Grade
A+
Uploaded on
19-06-2024
Written in
2023/2024

Florida Community Association Manager Prelicensure Course test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Institution
Course











Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Study
Course

Document information

Uploaded on
June 19, 2024
Number of pages
39
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Florida Community Association Manager
Prelicensure Course
399, F.S. - ✅✅
-Elevator Statute
DBPR Division of Hotels and Restaurants

482, F.S. - ✅✅
-Pest Control
FL Department of Agriculture and Consumer Services

493, F.S. - ✅✅
-Security Guards
FL Department of Agriculture and Consumer Services

514, F.S. - ✅✅
-Pool Laws
FL Department of Health

617, F.S. - ✅✅-Not-for-Profit Corporate Act
715, F.S. - ✅✅-Towing of vehicles on private property

718, F.S. - ✅✅-Condominium Act (Statute)

719, F.S. - ✅✅-Cooperative Act (Statute)

720, F.S. - ✅✅-Homeowner's Association Statute

721, F.S. - ✅✅-Vacation and Timeshare Plans Statute

A board member of a condominium or cooperative association may not accept
anything of value providing goods or services to the association for his/her
benefit or the benefit of his/her family except:
A. for items received at trade fairs or educational programs
B. when fully disclosed to all of the other board members.

✅✅
C. when received from a vendor who is also a relative.
D. when the item received has a value of less than $500.00 - -A.

A claim of lien on a unit, parcel or share must be recorded with the:
A. County recorder's office
B. Clerk of the circuit court

,C. Clerk of the Division of Florida Condominium, Timeshares, and Mobile

✅✅
Homes
D. Supervisor of the county real estate board - -B.

A community association board acts on behalf of the association members
under the concept of:
A. Collective bargaining
B. Majority rules

✅✅
C. Chair rulings
D. Personal preferences. - -B.

A condominium association requiring audited financial statements will have
receipts of at least:
A. $100,000
B. $200,000

✅✅
C. $300,000
D. $500,000 - -A.

A condominium association's fiscal year-end formal financial statements:
A. Must be prepared on the accrual basis.
B. Must include a summary of the association's reserves and disclose the
amount necessary to fully fund each component using the straight line method
of calculation.

✅✅
C. Is only given to the association board and finance committee
D. Is not required to evaluate the association's reserves - -B.

A cooperative developer failing to pay the required fee or make the proper
filings to the division:
A. May be fined $150 per unit
B. May be fined $150 per day of delinquency

✅✅
C. May offer the units for sale
D. May not offer the units for sale - -D.

A homeowners' association where membership in the association is
mandatory for all owners and the association has a lien right which is not a
condominium or cooperative is regulated by provisions of which Florida
statute?
A. 648, F.S.
B. 720, F.S.
C. 721, F.S.

,D 735, F.S. - ✅✅-B.
A majority of the quorum at a membership meeting of a community
association may vote to ____________________ the collection of a reserve
for a roof replacement costing an estimated $21,470.
A. Eliminate from current and future consideration
B. Let only new owners fund

✅✅
C. Transfer to the wealthiest owners
D. Waive - -D.

A parcel owner in a homeowners' association has rented her unit to a tenant.
She is delinquent in the payment of her assessment. How long does the
association have to wait before making a demand on the tenant to pay the
rent to the association
A. The association must wait until the owner is more than 90 days delinquent
B. The association may not make a demand that the tenant pay the rent to the
association.
C. The association may make the demand as soon as the owner is delinquent

✅✅
D. The association must wait until the owner is more than 30 days delinquent
in the payment of the assessments - -C.

A special meeting of the membership is to be held and proper notice is given
to the membership. Which applies?
A. Only items on the agenda included in the notice may be considered at the
meeting
B. Only budget items may be considered if approved by a majority of those
present
C. The members may bring any new items before the body for consideration

✅✅
D. The board may add items to the agenda after the meeting has been
convened - -A.

A type of joint ownership of real estate where legal title is not vested in the
individual, but the individual receives the right to occupy a unit, is a:
A. mobile home.
B. cooperative

✅✅
C. mandatory homeowners' association.
D. condominium - -B.

A valid proxy given by one of the owners of the Never-Show Condominium
Assocaition may:

, A. Serves as a proxy only
B. Not serve as a voting certificate under any circumstance
C. Serves as a valid proxy and voting certificate if given by one of the multiple
owners.

✅✅
D. Serves as a voting certificate only if given by one of the multiple owners -
-C.

A valid proxy must contain:
A. A date and the signature of the owner(s) or shareholder(s)
B. The reason the proxy is given

✅✅
C. The name of the person voting the proxy, who must be resident owner
D.. The exact time the meeting will end - -A.

A water line breaks in the common area of the All Wet Condominium and the
manager needs to provide the plumber access to one of the units to repair the
leaking pipe. The owner is not home and has not provided the association with
a key? What action may the manager take?
A. The manager may enter the unit by any means necessary to access the
leaking pipe.
B. The manager needs to locate the owner and obtain permission to enter the
unit
C. The manager can tell the plumber to come back when the owner is home

✅✅
D. The manager needs to call the association president and get instructions
on what to do. - -A.

A(An) ______________ assessment is levied to cover expenses anticipated
to exceed the annual budget.
A. Annual
B. Quarterly

✅✅
C. Accrued
D. Special - -D.

Acme Real Estate Service Company, a licensed real estate broker, desires to
perform community association management services on a contractual basis
for several community associations with total of 240 units. Which of the
following statements is correct?
A. ACME must apply for a license as a community association management
firm, designate on the application one licensed community associations
manager who will respond to all inquires from the DBPR and the Division of
$7.99
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached


Also available in package deal

Reviews from verified buyers

Showing all reviews
1 year ago

5.0

1 reviews

5
1
4
0
3
0
2
0
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
DoctorHkane Havard School
Follow You need to be logged in order to follow users or courses
Sold
732
Member since
4 year
Number of followers
168
Documents
22458
Last sold
3 days ago

Explore my Stuvia collection for essential study aids: test banks, exams, summaries, and cases. With five years of expertise as an academic writer, I have honed my skills in crafting top-notch essays, exams, and research dissertations. My proficiency lies in producing well-structured and thoroughly researched content that meets academic standards. I am adept at handling various subjects and ensuring a seamless flow of ideas. Whether it's delivering compelling arguments in essays, creating challenging yet fair exam questions, or delving into in-depth research for dissertations, my experience equips me to excel in diverse academic writing tasks. I pride myself on meeting deadlines and maintaining the highest quality in every piece I produce. REACH ON iamnjokikelvin1@gmail

Read more Read less
4.6

386 reviews

5
308
4
29
3
21
2
10
1
18

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions