MANAGER TEST BANK 2026 PASS ON YOUR
FIRST TRY FLORIDA CAM EXAM PREP
This ultimate Florida CAM Practice Exam study guide delivers a
high-density, updated 2026 test bank engineered specifically to
match DBPR licensing parameters. Every multiple-choice
question features precise legal answers and comprehensive,
bolded rationales covering state statutes, financial management,
reserve budgeting, and community governance. It is the definitive
resource designed to help students master complex association
laws and pass the final examination on their very first attempt.
Part 1: Questions 1–25
1. An individual has been hired to manage a 15-
unit residential condominium community in
Florida with an annual budget of $85,000. Which
of the following is true regarding licensure
requirements?
A. The individual does not need a license
because the budget is under $100,000.
B. The individual needs a license because the
community has more than 10 units.
C. The individual does not need a license
because the community has fewer than 20 units.
D. The individual needs a license only if they are
an officer of the association.
,Answer: B. The individual needs a license because
the community has more than 10 units.
Rationale: Under Florida law, a Community
Association Manager (CAM) license is strictly
required if the managed association contains
more than 10 residential units OR has an annual
budget exceeding $100,000. Meeting either of
these thresholds triggers mandatory licensure.
2. Which regulatory body is responsible for
establishing the licensing examination and
continuing education parameters for managers
in Florida?
A. The Department of Business and
Professional Regulation (DBPR)
B. The Florida Real Estate Commission (FREC)
C. The Regulatory Council of Community
Association Managers
D. The Division of Florida Condominiums,
Timeshares, and Mobile Homes
Answer: C. The Regulatory Council of Community
Association Managers
Rationale: While the DBPR serves as the
umbrella agency, the Regulatory Council of
Community Association Managers consists of 7
members appointed by the Governor to
,specifically oversee CAM examination rules,
licensing fees, and continuing education
programs.
3. A community manager oversees a 200-unit
standard luxury rental apartment complex. The
annual operating budget is $450,000. What
license must this manager hold under Florida
law?
A. A Community Association Manager (CAM)
license
B. A Licensed Apartment Administrator (LAA)
designation
C. A valid Florida Real Estate Broker license
D. No CAM license is required for this property
type
Answer: D. No CAM license is required for this
property type
Rationale: Florida CAM licensure laws apply
specifically to community associations
(condominiums, co-ops, HOAs, and mobile home
parks). Traditional apartment complexes are
considered commercial rental properties, which
are exempt from CAM licensing regulations.
4. To maintain an active Florida CAM license, how
many hours of continuing education (CE) must a
, manager complete during each biennial renewal
cycle?
A. 15 hours
B. 20 hours
C. 24 hours
D. 30 hours
Answer: B. 20 hours
Rationale: Florida administrative rules dictate
that community association managers must
complete 20 hours of approved continuing
education every two-year renewal cycle to keep
their license in active status.
5. When reviewing the hierarchy of governing
documents for a condominium association,
which document holds the highest legal authority
among the options listed?
A. The Articles of Incorporation
B. The Association Bylaws
C. The Declaration of Condominium
D. The Board Rules and Regulations
Answer: C. The Declaration of Condominium
Rationale: The Declaration of Condominium is
the constitution of the community. It establishes
the property under state law and reigns supreme