FL CAM PRACTICE TEST Exam Questions
Question:
What should happen in the event of a vacancy among officers in an association?
Answer:
The
successor may be appointed at the next board meeting.
Question:
Official records of an association include
Answer:
insurance polices
Question:
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?
Answer:
a
majority
Question:
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 -
Answer:
may be fined and charged criminally.
,Question:
Which word best defines the relationship between the homeowners' association and
the Board of
Directors?
Answer:
fiduciary
Question:
The terms of all condominium board members expire
if there is no other
specification in the bylaws.
Answer:
at the next annual meeting
Question:
As per the Florida condominium law, how many days after a meeting is adjourned to
a later date
will the proxies still be valid?
Answer:
90
Question:
An uncontested recall of directors in a condominium or cooperative is effective
within
Answer:
5
business days
,Question:
A committee CANNOT be appointed by the board of directors of a homeowners'
association for
which intent?
Answer:
adopting an amendment to the bylaws
Question:
When does an amendment to the condominium bylaws become effective?
Answer:
after it is
recorded in the public records of the county in which the condominium is located
Question:
When is a condominium formally created?
Answer:
when the Declaration of Condominium is
recorded with the county where it is to be built
Question:
What Florida Statute chapter governs timesharing or interval ownership
associations?
Answer:
721
, Question:
What is the mandatory minimum number of directors in a 75-unit condominium if
nothing is
provided in the bylaws?
Answer:
5
Question:
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 -
Answer:
3/4 of the total voting interests in the association.
Question:
The formal components of cooperative documents do NOT include
Answer:
the Florida Statutes.
Question:
Which document in an association takes precedence in the case of conflict between
document
provisions?
Answer:
the declaration of covenants
Question:
What should happen in the event of a vacancy among officers in an association?
Answer:
The
successor may be appointed at the next board meeting.
Question:
Official records of an association include
Answer:
insurance polices
Question:
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?
Answer:
a
majority
Question:
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 -
Answer:
may be fined and charged criminally.
,Question:
Which word best defines the relationship between the homeowners' association and
the Board of
Directors?
Answer:
fiduciary
Question:
The terms of all condominium board members expire
if there is no other
specification in the bylaws.
Answer:
at the next annual meeting
Question:
As per the Florida condominium law, how many days after a meeting is adjourned to
a later date
will the proxies still be valid?
Answer:
90
Question:
An uncontested recall of directors in a condominium or cooperative is effective
within
Answer:
5
business days
,Question:
A committee CANNOT be appointed by the board of directors of a homeowners'
association for
which intent?
Answer:
adopting an amendment to the bylaws
Question:
When does an amendment to the condominium bylaws become effective?
Answer:
after it is
recorded in the public records of the county in which the condominium is located
Question:
When is a condominium formally created?
Answer:
when the Declaration of Condominium is
recorded with the county where it is to be built
Question:
What Florida Statute chapter governs timesharing or interval ownership
associations?
Answer:
721
, Question:
What is the mandatory minimum number of directors in a 75-unit condominium if
nothing is
provided in the bylaws?
Answer:
5
Question:
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 -
Answer:
3/4 of the total voting interests in the association.
Question:
The formal components of cooperative documents do NOT include
Answer:
the Florida Statutes.
Question:
Which document in an association takes precedence in the case of conflict between
document
provisions?
Answer:
the declaration of covenants
