1
FL CAM PRACTICE EXAM QUESTIONS WITH
COMPLETE SOLUTIONS GUARANTEED PASS
After purchasing the mobile home park, the residents form a
community association and hire a paid manager. The manager must be
licensed under Part VIII of Chapter 468 if the budget of the association
exceeds:
A.$50,000
B.$75,000
C.$100,00
D.$125,000 - CORRECT ANSWER>>C.
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 - CORRECT ANSWER>>B.
The type of community association that permits individual units to be
owned and occupied by different people during the year is a: A.time-
share property.
B.cooperative.
C.phase condominium
D.townhouse - CORRECT ANSWER>>A.
,2
Appurtenances in a condominium or cooperative
include rights of: A. use and access to all individual
units.
B. liens.
C. the association's records.
D. the use of and access to all easements, membership in the
association, and assigned percentage of ownership in the common
areas and any club membership rights. - CORRECT ANSWER>>D.
Any person or firm licensed under Part VIII of Chapter 468, Florida
Statutes, is considered:
A. responsible for management
B. capable of performing community association management services.
C. capable of transferring possessions and ownership of cooperative
property. - CORRECT
ANSWER>>B.
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. - CORRECT ANSWER>>B.
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:
,3
A. for itemsreceived 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 - CORRECT
ANSWER>>A.
The document that created an elaborate set of convenants and
restrictions that establish basic rights and responsibilities of
homeowners' assocaition members, residents and guests is the: A.
Charter
B. Bylaws.
C. Articles.
D. Declaration. - CORRECT ANSWER>>D.
Florida's Condominium Act and the Not-For-Profit Act require
which document to establish procedures for carrying out the day-
to-day operations of the association? A. Charter
B. Bylaws.
C. Declaration.
D. Articles. - CORRECT ANSWER>>B.
The Condominium Act specifies that which of the following are
reserved for exclusive use of certain owners?
A. Common ares.
B. Limited common elements.
C. Recreation areas.
D. Elevators - CORRECT ANSWER>>B.
, 4
The community association statute require that each association's
governing documents be recoreded with which of the following to be
effective?
A. The Department of Business and Professional Regulation,
B. The clear of the circuit court.
C. The recording office.
D. The Division of Florida Condominiums, Timeshares and Mobile
Homes - CORRECT ANSWER>>B.
The Condominium Act gives which of the following the power to
enforce and ensure compliance with the law?
A. The Department of State.
B. The directors of the associations.
C. The Division of Florida Condominiums, Time Shares, and Mobile
Homes.
D. the clerk of the circuit court - CORRECT ANSWER>>C.
When an existing rental property is converted to a
condominium, each tenant has: A. the statutory right to begin
legal action against the developer.
B. already been notified of his/her certain eviction.
C. the right to continue to rent for an unspecified time.
D. the right to extend his or her lease. - CORRECT ANSWER>>D.
Amendments to the homeowners' association declaration
become effective when: A. recorded with the clerk of the
circuit court. B. recorded with the Department of State
C. recorded with the board.
FL CAM PRACTICE EXAM QUESTIONS WITH
COMPLETE SOLUTIONS GUARANTEED PASS
After purchasing the mobile home park, the residents form a
community association and hire a paid manager. The manager must be
licensed under Part VIII of Chapter 468 if the budget of the association
exceeds:
A.$50,000
B.$75,000
C.$100,00
D.$125,000 - CORRECT ANSWER>>C.
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 - CORRECT ANSWER>>B.
The type of community association that permits individual units to be
owned and occupied by different people during the year is a: A.time-
share property.
B.cooperative.
C.phase condominium
D.townhouse - CORRECT ANSWER>>A.
,2
Appurtenances in a condominium or cooperative
include rights of: A. use and access to all individual
units.
B. liens.
C. the association's records.
D. the use of and access to all easements, membership in the
association, and assigned percentage of ownership in the common
areas and any club membership rights. - CORRECT ANSWER>>D.
Any person or firm licensed under Part VIII of Chapter 468, Florida
Statutes, is considered:
A. responsible for management
B. capable of performing community association management services.
C. capable of transferring possessions and ownership of cooperative
property. - CORRECT
ANSWER>>B.
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. - CORRECT ANSWER>>B.
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:
,3
A. for itemsreceived 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 - CORRECT
ANSWER>>A.
The document that created an elaborate set of convenants and
restrictions that establish basic rights and responsibilities of
homeowners' assocaition members, residents and guests is the: A.
Charter
B. Bylaws.
C. Articles.
D. Declaration. - CORRECT ANSWER>>D.
Florida's Condominium Act and the Not-For-Profit Act require
which document to establish procedures for carrying out the day-
to-day operations of the association? A. Charter
B. Bylaws.
C. Declaration.
D. Articles. - CORRECT ANSWER>>B.
The Condominium Act specifies that which of the following are
reserved for exclusive use of certain owners?
A. Common ares.
B. Limited common elements.
C. Recreation areas.
D. Elevators - CORRECT ANSWER>>B.
, 4
The community association statute require that each association's
governing documents be recoreded with which of the following to be
effective?
A. The Department of Business and Professional Regulation,
B. The clear of the circuit court.
C. The recording office.
D. The Division of Florida Condominiums, Timeshares and Mobile
Homes - CORRECT ANSWER>>B.
The Condominium Act gives which of the following the power to
enforce and ensure compliance with the law?
A. The Department of State.
B. The directors of the associations.
C. The Division of Florida Condominiums, Time Shares, and Mobile
Homes.
D. the clerk of the circuit court - CORRECT ANSWER>>C.
When an existing rental property is converted to a
condominium, each tenant has: A. the statutory right to begin
legal action against the developer.
B. already been notified of his/her certain eviction.
C. the right to continue to rent for an unspecified time.
D. the right to extend his or her lease. - CORRECT ANSWER>>D.
Amendments to the homeowners' association declaration
become effective when: A. recorded with the clerk of the
circuit court. B. recorded with the Department of State
C. recorded with the board.
