2026 TEST BANK |350 MULTIPLECHOICE
QUESTIONS WITH CORRECT ANSWERS AND
RATIONALES
SECTION 1: LICENSING REQUIREMENTS & REGULATIONS (Questions 1–50)
1. Which Florida statute primarily governs Community Association Managers
(CAMs)?
A) Chapter 475
B) Chapter 468, Part VIII
C) Chapter 489
D) Chapter 6120
Correct Answer: B
Rationale: Chapter 468, Part VIII of the Florida Statutes regulates the
licensing, conduct, and professional standards for Community Association
Managers in Florida.
,2. A CAM license is required when an individual for compensation:
A) Only collects rent
B) Provides management services for a community association
C) Serves as a volunteer board member
D) Cuts the grass for a condo association
Correct Answer: B
Rationale: Any person who for compensation provides management
services—including financial administration, maintenance oversight, and
operational management—must be licensed as a CAM in Florida.
3. Which of the following activities does NOT require a CAM license?
A) Preparing the association's annual budget
B) Serving as a volunteer board secretary
C) Collecting and depositing association assessments
D) Arranging for vendor contracts
Correct Answer: B
Rationale: Volunteer board members acting without compensation are
exempt from licensing requirements. All other listed activities performed for
compensation require a CAM license.
,4. Application for renewal of a CAM license shall be postmarked by:
A) September 30
B) October 31
C) December 31
D) January 31
Correct Answer: A
Rationale: CAM license renewal applications must be postmarked on or before
September 30 of each even numbered year.
5. If a CAM license renewal application is postmarked after which date is the
license deemed expired?
A) September 30
B) October 15
C) October 31
D) November 30
Correct Answer: C
Rationale: If the renewal application is postmarked after October 31 of the
renewal year, the license is deemed expired.
, 6. A CAM must report a felony conviction to the DBPR within:
A) 10 days
B) 30 days
C) 60 days
D) 90 days
Correct Answer: B
Rationale: Any felony conviction or misdemeanor conviction related to the
duties of a CAM must be reported to the DBPR within 30 days.
7. How many hours of continuing education must a CAM complete for license
renewal every two years?
A) 10 hours
B) 14 hours
C) 18 hours
D) 24 hours
Correct Answer: C