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FL CAM PRACTICE TEST Exam with UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

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FL CAM PRACTICE TEST Exam with UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS What should happen in the event of a vacancy among officers in an association? - CORRECT ANSWER The successor may be appointed at the next board meeting. Official records of an association include - CORRECT ANSWER insurance polices

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FL CAM PRACTICE TEST Exam with
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
What should happen in the event of a vacancy among officers in an association? - CORRECT
ANSWER The successor may be appointed at the next board meeting.



Official records of an association include - CORRECT ANSWER insurance polices



If a quorum requirement is not stated in a condominium association's governing document,
during an annual meeting what will constitute a quorum of the total voting interests? -
CORRECT ANSWER a majority



What is the possible action the Department of Business and Professional Regulations could
take if a board director knowingly violated the Condominium or Cooperative Acts? The
director - CORRECT ANSWER may be fined and charged criminally.



Which word best defines the relationship between the homeowners' association and the Board
of Directors? - CORRECT ANSWER fiduciary



The terms of all condominium board members expire ____________ if there is no other
specification in the bylaws. - CORRECT ANSWER at the next annual meeting



As per the Florida condominium law, how many days after a meeting is adjourned to a later
date will the proxies still be valid? - CORRECT ANSWER 90



An uncontested recall of directors in a condominium or cooperative is effective within -
CORRECT ANSWER 5 business days



A committee CANNOT be appointed by the board of directors of a homeowners' association
for which intent? - CORRECT ANSWER adopting an amendment to the bylaws

, When does an amendment to the condominium bylaws become effective? - CORRECT
ANSWER after it is recorded in the public records of the county in which the
condominium is located



When is a condominium formally created? - CORRECT ANSWER when the
Declaration of Condominium is recorded with the county where it is to be built



What Florida Statute chapter governs timesharing or interval ownership associations? -
CORRECT ANSWER 721



What is the mandatory minimum number of directors in a 75-unit condominium if nothing is
provided in the bylaws? - CORRECT ANSWER 5



If the declaration of condominium does not state a procedure for authorizing material
alteration to common elements, the construction of new tennis courts would need to be
approved by - CORRECT ANSWER 3/4 of the total voting interests in the association.



The formal components of cooperative documents do NOT include - CORRECT
ANSWER the Florida Statutes.



Which document in an association takes precedence in the case of conflict between document
provisions? - CORRECT ANSWER the declaration of covenants



Unless specifically provided in the _________________ , timeshare estates are NOT
permitted in a condominium association. - CORRECT ANSWER declaration of
condominium



Joint ownership of common elements, exclusive ownership of a single unit and
________________, are parts of the condominium concept. - CORRECT
ANSWER mandatory membership in the condominium association

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