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Examen

Fl Cam License 2025 Exam (Actual Exam) All 100 Questions with Answers, Rationales and Multiple Choices

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Fl Cam License 2025 Exam (Actual Exam) All 100 Questions with Answers, Rationales and Multiple Choices

Institución
Fl Cam License
Grado
Fl Cam License

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Fl Cam License 2025 Exam (Actual Exam) All 100 Questions with
Answers, Rationales and Multiple Choices
1. Condominium form of ownership is comprised of units owned by one or more
persons and joint ownership of ________ share in the common elements.
A. a percentage
B. an undivided
C. a proportional
D. a complete
B. an undivided


Condominium means individual ownership of a unit coupled with joint
ownership of an undivided share of the common elements as well as mandatory
membership in the association.




2. Under the General Corporate Law _______, community associations have the
right to buy, sell or lease real property. Under the condo and co-op laws
_____, condos and coops have the specific authority to acquire title.
A. & 719
B. & 708
C. & 719
D. & 719
D. & 719


FS 607 is General Corporate Law, FS 718 is condominiums, and FS 719 is
cooperatives.




3. A person doing the following for remuneration must have a license.
A. Posts notices for meetings and chairs committee meetings
B. Prepares budgets and financial statements.
C. Supervises maintenance.
D. All of the above.
D. All of the above.


A person who provides the following services for compensation must be
licensed by DBPR
Disburse funds
Prepare budgets and/or financial reports
Notice or conduct meetings

, Fl Cam License 2025 Exam (Actual Exam) All 100 Questions with
Answers, Rationales and Multiple Choices
Coordinate maintenance or other day-to-day services involving the operation
of the association




4. Application for renewal of a CAM license shall be postmarked by
___________ . If renewal application is postmarked after ____________ of
the renewal year, the license shall be deemed expired.
A. September 30, September 30
B. October 31, October 31
C. September 30, October 31
D. December 31, January 1
C. September 30, October 31


Renewal applications shall be postmarked on or before September 30 each
even year. If the renewal application is postmarked after October 31, that
license is deemed expired.




5. Restrictive covenants that run with the land as permanent restrictions
remain in effect until ________.
A. The majority of the owners vote otherwise
B. All of the owners agree
C. The developer cancels them
D. The community is terminated
D. The community is terminated


When you purchase, you know that these covenants exist and will continue to
exist for the life of the condominium or parcel and upon resale, the next
owner inherits the same covenants. This is called running with the land.




6. The Cooperative documents must contain all of following except ________.
A. Documentation of each owner
B. Identification by unit number/letter
C. Recognition of owner
D. Definition of the grounds lease
B. Identification by unit number/letter

, Fl Cam License 2025 Exam (Actual Exam) All 100 Questions with
Answers, Rationales and Multiple Choices
Under Cooperative law, the co-op documents include the Articles of
Incorporation and By-Laws, a definition of the grounds lease, the owner's
share and membership in the co-op and title or right to use of a unit.




7. The ______ creates the association and the ______ creates the
condominium.
A. Declaration of Condominium / Articles of Incorporation
B. By-Laws / Declaration
C. Articles of Incorporation / Declaration
D. Articles of Incorporation / Bylaws
C. Articles of Incorporation / Declaration


The Articles of Incorporation, also known as the Corporate Charter, are the
documents that create the association. The Condominium is established when
the developer records the Declaration of Condominium with the county clerk
in the county seat of the county in which the condominium is to be built.




8. What defines the membership and the voting rights of the Association?
A. Corporate Charter
B. Declaration of Condominium
C. By-Laws
D. Rules and Regulations
A. Corporate Charter


The Articles of Incorporation, also known as the Corporate Charter, provide
the framework for the organization of the association and define its
membership and the voting rights of the members.




9. The ______ establish(es) the procedures for carrying out the day to day
responsibilities of the association.
A. Articles of Incorporation
B. Declaration of Condominium
C. By-laws
D. Rules and Regulations
C. By-laws

, Fl Cam License 2025 Exam (Actual Exam) All 100 Questions with
Answers, Rationales and Multiple Choices
The By-Laws establish the procedures for carrying out the association's
responsibilities and clarify the day-to-day duties necessary to carry out
the responsibilities of the association.




10. If the governing documents of an association conflict, which of the
following is the proper order of priority?
A. By-laws, Declaration, Articles of Incorporation, Board Rules and
Regulations
B. Declaration, Articles of Incorporation, By-laws, Board Rules &
regulations
C. Articles of Incorporation, Declaration, By-laws, Board Rules and
Regulations
D. Declaration, Board-approved Rules, Articles of Incorporation, By-laws
B. Declaration, Articles of Incorporation, By-laws, Board Rules &
regulations


All of the documents should be consistent with each other. Their order of
priority is:
Declaration of Condominium
Articles of Incorporation
By-Laws
Rules and Regulations




11. When we are talking about amending the documents, which of the
following is correct?
A. If proviso made and percentage stated, then that percent
B. If no proviso, then 100%
C. If proviso made but no percentage stated, then 66 2/3%
D. All of the above
D. All of the above


Each document must provide for procedures for amendment. If they do not,
then they can only be made with the approval of all of the owners. Usually
documents provide for the percentage of owners necessary to amend the
document. If the documents provide for amendment but do not state the
percentage necessary then two-thirds of the owners must agree to the
amendment.
Summary:

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Fl Cam License
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Fl Cam License

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Subido en
22 de junio de 2025
Número de páginas
43
Escrito en
2024/2025
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