) Comprehensive Exam Questions and
Answers Verified Solutions Latest
Update
Question:
Manager or management firm .
Answer:
The board by decide to delegate or hire a?
Question:
The board may NEVER delegate it's responsibility for __________-__________ or _________
________________. .
Answer:
Decision -making or policy judgements
Question:
Community Association Manager (CAM) .
Answer:
Person licensed to provide management services to a community association.
Question:
Community Association Management Business (CAB) .
Answer:
Firm that provides community association management services.
Question:
CAMs/CABs are governed by: .
Answer:
F.S. 455 and 468 (Part VII) F.A.C. 61-62 F.A.C. 61E-14
,Question:
CAM .
Answer:
Performs certain practices that require substantial specialized knowledge, judgement
and managerial skill for compensation for a community association.
Question:
The manager of a community association must be a licensed CAM if: .
Answer:
The association or associations served contain more than 10 residential units OR have
an annual budget or budgets in excess of $100,000 (cumulative (add all)to either of
these for a manager that services more than one community)
Question:
Practices defined by statute, performed by a CAM/CAB, include: .
Answer:
assist in providing notice of or conduct a community association meeting -calculate and
prepare certificates of assessment and estoppel certificates -calculate the votes for a
quorum or to approve a proposition or amendment -collect amounts due to the
association before filing a civil action -complete forms related to the management of a
community association that have been created by statute or by a state agency -comply
with the associations governing documents and the requirements of law as necessary
to perform such practices -control or disburse finds if a community association
-coordinate maintenance for a residential community association -coordinate or
perform maintenance for real or personal property and other related routine services
involved in the operation of a community association -determine amounts due to the
association -determine the number of days required for statutory notices -draft
meeting notices and agendas -draft pre-arbitration demands -negotiate monetary or
performance terms of a contract subject to approval by an association -prepare
budgets or other financial documents for a community association -perform other day
to day services that are involved with the operation of a community association
, Question:
Unlicensed practice of law (UPL) .
Answer:
The FL Supreme Court issued an opinion that certain activities performed by a
CAM/CAB may require the use of a community association lawyer or else may
constitute?
Question:
Community Association management firm or community association management
business (CAB) .
Answer:
A corporation, limited liability company, partnership, trust, association, sole
proprietorship, or other similar organization involved in the business of community
association management to engage in certain practices that require substantial
specialized knowledge, judgement, and managerial skills for compensation.
Question:
CAB .
Answer:
Have the same responsibilities as a CAM?
Question:
One must have a CAB license if? .
Answer:
The association or associations served contain more than 10 residential units OR have
an annual budget or budgets in excess of $100,000 (cumulative (add all)to either of
these for a manager that services more than one community)
Question:
CABs must have? .
Answer:
CAMs-or those who work for them to serve Community Associations must have the
license as legally required by FL Statute
Answers Verified Solutions Latest
Update
Question:
Manager or management firm .
Answer:
The board by decide to delegate or hire a?
Question:
The board may NEVER delegate it's responsibility for __________-__________ or _________
________________. .
Answer:
Decision -making or policy judgements
Question:
Community Association Manager (CAM) .
Answer:
Person licensed to provide management services to a community association.
Question:
Community Association Management Business (CAB) .
Answer:
Firm that provides community association management services.
Question:
CAMs/CABs are governed by: .
Answer:
F.S. 455 and 468 (Part VII) F.A.C. 61-62 F.A.C. 61E-14
,Question:
CAM .
Answer:
Performs certain practices that require substantial specialized knowledge, judgement
and managerial skill for compensation for a community association.
Question:
The manager of a community association must be a licensed CAM if: .
Answer:
The association or associations served contain more than 10 residential units OR have
an annual budget or budgets in excess of $100,000 (cumulative (add all)to either of
these for a manager that services more than one community)
Question:
Practices defined by statute, performed by a CAM/CAB, include: .
Answer:
assist in providing notice of or conduct a community association meeting -calculate and
prepare certificates of assessment and estoppel certificates -calculate the votes for a
quorum or to approve a proposition or amendment -collect amounts due to the
association before filing a civil action -complete forms related to the management of a
community association that have been created by statute or by a state agency -comply
with the associations governing documents and the requirements of law as necessary
to perform such practices -control or disburse finds if a community association
-coordinate maintenance for a residential community association -coordinate or
perform maintenance for real or personal property and other related routine services
involved in the operation of a community association -determine amounts due to the
association -determine the number of days required for statutory notices -draft
meeting notices and agendas -draft pre-arbitration demands -negotiate monetary or
performance terms of a contract subject to approval by an association -prepare
budgets or other financial documents for a community association -perform other day
to day services that are involved with the operation of a community association
, Question:
Unlicensed practice of law (UPL) .
Answer:
The FL Supreme Court issued an opinion that certain activities performed by a
CAM/CAB may require the use of a community association lawyer or else may
constitute?
Question:
Community Association management firm or community association management
business (CAB) .
Answer:
A corporation, limited liability company, partnership, trust, association, sole
proprietorship, or other similar organization involved in the business of community
association management to engage in certain practices that require substantial
specialized knowledge, judgement, and managerial skills for compensation.
Question:
CAB .
Answer:
Have the same responsibilities as a CAM?
Question:
One must have a CAB license if? .
Answer:
The association or associations served contain more than 10 residential units OR have
an annual budget or budgets in excess of $100,000 (cumulative (add all)to either of
these for a manager that services more than one community)
Question:
CABs must have? .
Answer:
CAMs-or those who work for them to serve Community Associations must have the
license as legally required by FL Statute
