A FULLY COMPREHENSIVE PACKAGE DEAL FOR FL CAM LICENSE CERTIFICATION EXAMS 2024/2025|ALL GRADED A+|DOWNLOAD TO PASS

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 join...

A Community is defined as Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for maintenance and administration of property, assets, and association, and with specific rights granted to the members. Communi...

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 C. A type of joint ownership of real e...

Cooperatives Joint ownership of a real estate where an individuals purchased shares of stock in a corporation. Condominium is created when the declaration of convenience is recorded in the: Public records of the county where the property is located. Timeshare Community permits indiv...

A Community is defined as Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for maintenance and administration of property, assets, and association, and with specific rights granted to the members. Communi...

being licensed under part VIII of chapter 468 F.S. means you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners limited common elements property owned by all owners in a co...

Florida Condominium Law is contained in which Chapter of the Florida Statutes? 718 Minutes of meeting of the BOD must be maintained for: 7 years Emergency powers of a condominium board, if a state of emergency has been declared, include: Borrow money and pledge association assets as...

water must be maintained at: 7.2-7.8 A person who manages a rental apartment complex _____ a Community Association Manager's License. May, but is not required, to have. Condominium & Cooperative Associations pay an annual fee of $____ per residential unit, per ____, to the DFCTSMH T...

Cost Conscious Condominium is presently preparing their annual budget. Expenses on the proposed budget are to be listed by: A. Accounting methods B. Account and classification C. Sequence D. Numerical order B. Kathryn Stifspine, a cooperative shareholder, becomes delinquent in payment of...

F.A.C. 61-20 and F.A.C. 61E-14 CAM Rules DBPR Division of Professions Regulatory Council of Community Association Managers F.A.C. 61B Rules for condos, coops, and time-shares DBPR Division of FL Condominiums, Timeshares, and Mobile Homes F.A.C. 64E-9 Pool Rules 399, F.S. ...

The language in the Declaration of Condominium that creates a commitment, restriction, or contract between the association and the unit owners is called Covenants Under Chapter 718.1255, those eligible to petition for arbitration are: An owner of a condominium unit Tom Tucker decides...

Within how many days must an estoppel certificate be provided after the request is made 10 days Then someone sublease as a unit to a new occupant, the association must impose a transfer fee of not more than $150 The association may suspend the right of the owner to use common areas a...

The rights that each member has to participate in the business of the association is describe in the? -articles of incorporation -the bylaws An association can suspend the voting right of a member True A association can suspend the voting right of a member if the member fails to pay...