Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 116 pages
Exam (elaborations)

CAM (Community Association Manager) License GA - Updated Actual Exam Questions & Answers with Detailed Rationales

Document preview thumbnail
Preview 4 out of 116 pages

Pass the Georgia CAM License Exam on Your First Try! This comprehensive study guide contains 250 practice questions mirroring the actual exam format. Each question is paired with a verified correct answer and an in-depth rationale that explains the legal reasoning, fiduciary duties, and practical applications required by Georgia Law (e.g., Condominium Act, Property Owners' Association Act). This resource is meticulously designed to help you: Test your knowledge and identify weak areas. Reinforce concepts with evidence-based explanations. Practice time management under simulated exam conditions. Reduce exam anxiety and build confidence with proven test-taking strategies. Covering critical topics like financial management, reserve studies, conflict of interest, meeting procedures, the Open Meetings Act, and enforcement actions, this document is your one-stop solution for exam success. Achieve your Georgia CAM certification with this updated and essential exam preparation tool.

Content preview

CAM - COMMUNITY ASSOCIATION
MANAGER LICENSE GA
UPDATED ACTUAL EXAM
LATEST MOCK PRACTICE SET
250 Questions with Answers and Detailed Rationales


100 PERCENT GUARANTEED PASS


INSTANT DOWNLOAD ANSWERS INCLUDED



IMPORTANCE OF THIS DOCUMENT
This comprehensive examination preparation guide has been meticulously developed to help you succeed in the
CAM - COMMUNITY ASSOCIATION MANAGER LICENSE GA UPDATED ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS WITH RATIONALES. It contains 250 carefully selected questions that reflect the most
current exam content and testing strategies. Each question is accompanied by a correct answer and a detailed
rationale that explains the underlying pathophysiology, pharmacology, or clinical reasoning.

Self-Assessment – Test your knowledge and Exam Preparation – Familiarize yourself with the
identify areas requiring further question format and content
study areas

Concept Reinforcement – Deepen your Confidence Building – Develop test-taking
understanding through strategies and reduce
evidence-based exam anxiety
rationales
Time Management – Practice answering
questions under simulated
exam conditions




Review Summary 250 Questions


Foundations - Application - CAM - Community Association Manager License GA Updated Actual AND
Correct WITH Rationales Community Association Management CAM Georgia License Graduate
All answers with rationales

,Table of Contents

Section A - Community Association Section B - Financial Management
Governance AND Legal Framework AND Budgeting
Questions 1 to 63 Questions 64 to 126



Section C - Maintenance AND Section D - RISK Management AND
Operations Insurance
Questions 127 to 189 Questions 190 to 250

,Section A - Community Association Governance AND
Legal Framework

Q1.
A condominium association's declaration requires a 75% vote of owners to amend the pet
restriction. The board proposes an amendment to allow only dogs under 25 lbs. The
current vote tally is 72% in favor, with 3% opposed and 25% not voting. The board
declares the amendment passed. Which of the following is correct?


A. The amendment passes because a B. The amendment fails because it did not
majority of votes cast approved it. achieve the required 75% of all owners.

C. The amendment passes because the D. The amendment fails because pet
declaration's quorum requirement was met. restrictions require a unanimous vote.
Correct: B - The amendment fails because it did not achieve the required 75% of all
owners.


Rationale:Georgia law and the declaration require a 75% vote of all owners, not just those
voting. 72% is below 75%, so the amendment fails. Option A is incorrect because the
threshold is based on all owners, not votes cast. Option C is irrelevant because quorum does
not change the vote requirement. Option D is false because unanimous vote is not required
unless specified.

Q2.
An HOA board is reviewing financial statements. The reserve fund has a balance of
$50,000, but the reserve study recommends $80,000 for the current year. The board
decides to fund only $30,000 from the operating budget. Which of the following is the
most significant legal risk?


A. The board may be personally liable for B. The association may lose its tax-exempt
breach of fiduciary duty. status.

C. The board must obtain owner approval D. The association is required to fund 100%
for any reserve funding less than of the reserve study recommendation.
recommended.
Correct: A - The board may be personally liable for breach of fiduciary duty.


Rationale:Georgia law requires boards to act in the best interest of the association;
underfunding reserves without justification can constitute a breach of fiduciary duty, exposing
board members to personal liability. Option B is incorrect because reserve funding does not
affect tax-exempt status. Option C is false; owner approval is not required for reserve funding
amounts. Option D is false; there is no mandate to fully fund reserves, but boards must
exercise prudent judgment.




Page 3

, Section A - Community Association Governance AND Legal Framework


Q3.
An association's governing documents are silent on electronic voting. The board wants to
allow owners to vote via email for the upcoming election. Which of the following
statements is correct under Georgia law?


A. The board may adopt electronic voting by B. Electronic voting is prohibited unless the
board resolution without owner approval. declaration specifically authorizes it.

C. The board must obtain a majority vote of D. Electronic voting is allowed only if the
owners to authorize electronic voting. association has at least 100 units.
Correct: C - The board must obtain a majority vote of owners to authorize electronic
voting.


Rationale:Under Georgia law, if the governing documents are silent, electronic voting may be
authorized only by an amendment approved by a majority of owners. Option A is incorrect
because the board cannot unilaterally change voting procedures. Option B is incorrect; the
law does not prohibit electronic voting, but requires owner approval. Option D is incorrect; no
such minimum unit threshold exists.

Q4.
An association is considering a special assessment to fund a major roof replacement. The
declaration requires a 2/3 vote of owners for any assessment exceeding $1,000 per unit.
The board proposes a $1,500 assessment. Which of the following actions is legally
required?


A. The board must first attempt to obtain a B. The board must provide at least 30 days'
loan before imposing a special assessment. notice of the proposed assessment to
owners.

C. The board must obtain approval of 2/3 of D. The board may impose the assessment
all owners before levying the assessment. without owner vote if it is for an emergency
repair.
Correct: C - The board must obtain approval of 2/3 of all owners before levying the
assessment.


Rationale:The declaration explicitly requires a 2/3 vote of owners for assessments over
$1,000. This requirement must be followed. Option A is not a legal requirement. Option B is
not mandated by Georgia law for special assessments unless the governing documents so
provide. Option D is incorrect because the declaration's requirement applies regardless of
emergency; emergency exceptions must be in the documents.

Q5.
A homeowner is constructing a fence that violates the architectural guidelines. The board
sends a violation notice, but the owner ignores it. After 30 days, the board imposes a fine
of $100 per day. Which of the following is correct regarding the fines?




Page 4

Document information

Uploaded on
July 21, 2026
Number of pages
116
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$26.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
PrepMart
4.9
(210)
Sold
96
Followers
1
Items
1947
Last sold
4 days ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions