FLORIDA CAM EXAM STUDY GUIDE 2025/2026: COMPLETE QUESTIONS AND ANSWERS, 100% CORRECT, GUARANTEED TO PASS, …
P R O F E S S I O N A L P R A C T I C E M AT E R I A L S
Florida CAM Exam Study Guide
2025/2026: Complete Questions and
Answers, 100% Correct, Guaranteed
to Pass, Already Passed, Actual Exam
Questions, Verified Answers
Verified Answers Exam Ready With Rationales
423 QUESTIONS
DOCUMENT OVERVIEW
This document provides 423 verified questions with correct answers regarding community association
management. It covers essential concepts related to community associations, making it suitable for
certification preparation and comprehensive study. Students can utilize this resource for effective review
and to ensure a strong understanding of the material necessary for passing the Florida CAM Exam.
CONTENTS
• Community Association Basics • Developer Responsibilities
• Common Elements and Ownership • Management and Operations
• Community Association Types • Financial Management
• Insurance and Liability • Budgeting and Assessments
• Meetings and Voting • Board Responsibilities
• Dispute Resolution • Financial Reporting
• Reserve Funds Management • Statutory Requirements
• Elections and Board Composition • Member Rights and Responsibilities
• Special Assessments and Liens • Amendments and Changes
• Legal and Ethical Standards • Community Regulations
• Operational Procedures • Budgeting and Financial Oversight
• Assessment Collection Practices • Delinquency and Enforcement
• Financial Transparency • Voting Procedures and Quorum
• Meeting Notices and Documentation • Proxy Voting and Representation
• Board Member Eligibility • Election Procedures
• Ballot and Voting Process • Board Vacancies and Appointments
Page 1
, E XA M Q U EST I O N S
Q1 QUESTION 1 OF 423
A Community is defined as
CORRECT ANSWER
Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for
maintenance and administration of property, assets, and association, and with specific rights granted to the members.
Q2 QUESTION 2 OF 423
Community Associations are structured by
CORRECT ANSWER
Formal (in writing), legal documents defining property rights, rules and restrictions.
Q3 QUESTION 3 OF 423
Community Associations are also referred to as
CORRECT ANSWER
Covenant
Q4 QUESTION 4 OF 423
Conceptually Community Associations:
CORRECT ANSWER
Maximize land use, share responsibility, and expenses.
Q5 QUESTION 5 OF 423
What are the 5 types of Community Associations?
CORRECT ANSWER
Condo, Cooperative, HOA, Timeshare, Mobile Home Park
Q6 QUESTION 6 OF 423
What are the 3 specific requirements of CA in Florida
CORRECT ANSWER
Membership is mandatory, members must have the right to vote, an assessment, if unpaid can become a lien.
Q7 QUESTION 7 OF 423
What factors influence the type of association that can be developed?
Page 2
, CORRECT ANSWER
Zoning, CDMP
Q8 QUESTION 8 OF 423
These documents define the regulations for use of land, member's rights, & responsibilities, and create the entity that will manage the
community.
CORRECT ANSWER
Declaration of covenants & restrictions/declaration of condominium, Articles of incorporation, bylaws.
Q9 QUESTION 9 OF 423
Director Marion wrote a resignation letter to the board on Jan. 27 and hand-delivered the notice to the chair two days later. The notice DID NOT
specify an effective date. The chair read the notice at the Feb. 5 board meeting. The resignation takes effect:
a) Jan 27
b) Jan 29
c) Feb 1
d) Feb 5
CORRECT ANSWER
b) Jan 29
Q10 QUESTION 10 OF 423
coverage in which the insured receives the full cost to replace the lost item without deduction of depreciation is called:
CORRECT ANSWER
Replacement Cost
Q11 QUESTION 11 OF 423
Chapter 633 Fire Prevention and Control administered by the state fire marshall includes requirements for maintenance, scheduled
inspections and testing of all of the following EXCEPT:
a) fire alarms
b) sprinkler system
c) fire extinguishers, exits and emergency lighting
d) elevators and dumb waiters
CORRECT ANSWER
d) elevators and dumb waiters
Q12 QUESTION 12 OF 423
All books and financial records of the Timeshare plan must be maintained in?
a.) Accordance with generally accepted accounting practices
b.) The manager's office building
d.) Within 40 miles of the complex
c.) A nice bound book
CORRECT ANSWER
a.) Accordance with generally accepted accounting practices
Page 3
, Q13 QUESTION 13 OF 423
Florida Statute Chapter_________ governs the operation of public pools and control thereof.
a. 718
b. 719
c. 870
d. 514
CORRECT ANSWER
d. 514
Q14 QUESTION 14 OF 423
Unit 306 in the Sunnyside Condominium association sustained damage from a grease fire. The oven, cabinet, wallpaper, and kitchen fan were
all damaged. Which items will the association insurance cover?
a. All of them.
b. Only the fan.
c. None of them, as it does not meet the deductible
d. None of them, because they are all the responsibility of the unit owner.
CORRECT ANSWER
d. None of them, because they are all the responsibility of the unit owner.
Q15 QUESTION 15 OF 423
Developer must pay a fee at the time he files any required documents with the DBPR.
CORRECT ANSWER
New Condos/Coops - $20/unit
Timeshares - $2/7 day period each unit will be occupied, but not more than $25,000
Mobile Homes - $10/lot but not less than $100
Q16 QUESTION 16 OF 423
Developer must file the documents with certain governmental entities, and pay a fee for each unit or lot in a community
CORRECT ANSWER
True
Q17 QUESTION 17 OF 423
Florida requires all community associations to be incorporated?
CORRECT ANSWER
True
Q18 QUESTION 18 OF 423
HOA's do not pay fees, as they are not regulated by the state.
True
CORRECT ANSWER
True
Page 4
P R O F E S S I O N A L P R A C T I C E M AT E R I A L S
Florida CAM Exam Study Guide
2025/2026: Complete Questions and
Answers, 100% Correct, Guaranteed
to Pass, Already Passed, Actual Exam
Questions, Verified Answers
Verified Answers Exam Ready With Rationales
423 QUESTIONS
DOCUMENT OVERVIEW
This document provides 423 verified questions with correct answers regarding community association
management. It covers essential concepts related to community associations, making it suitable for
certification preparation and comprehensive study. Students can utilize this resource for effective review
and to ensure a strong understanding of the material necessary for passing the Florida CAM Exam.
CONTENTS
• Community Association Basics • Developer Responsibilities
• Common Elements and Ownership • Management and Operations
• Community Association Types • Financial Management
• Insurance and Liability • Budgeting and Assessments
• Meetings and Voting • Board Responsibilities
• Dispute Resolution • Financial Reporting
• Reserve Funds Management • Statutory Requirements
• Elections and Board Composition • Member Rights and Responsibilities
• Special Assessments and Liens • Amendments and Changes
• Legal and Ethical Standards • Community Regulations
• Operational Procedures • Budgeting and Financial Oversight
• Assessment Collection Practices • Delinquency and Enforcement
• Financial Transparency • Voting Procedures and Quorum
• Meeting Notices and Documentation • Proxy Voting and Representation
• Board Member Eligibility • Election Procedures
• Ballot and Voting Process • Board Vacancies and Appointments
Page 1
, E XA M Q U EST I O N S
Q1 QUESTION 1 OF 423
A Community is defined as
CORRECT ANSWER
Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for
maintenance and administration of property, assets, and association, and with specific rights granted to the members.
Q2 QUESTION 2 OF 423
Community Associations are structured by
CORRECT ANSWER
Formal (in writing), legal documents defining property rights, rules and restrictions.
Q3 QUESTION 3 OF 423
Community Associations are also referred to as
CORRECT ANSWER
Covenant
Q4 QUESTION 4 OF 423
Conceptually Community Associations:
CORRECT ANSWER
Maximize land use, share responsibility, and expenses.
Q5 QUESTION 5 OF 423
What are the 5 types of Community Associations?
CORRECT ANSWER
Condo, Cooperative, HOA, Timeshare, Mobile Home Park
Q6 QUESTION 6 OF 423
What are the 3 specific requirements of CA in Florida
CORRECT ANSWER
Membership is mandatory, members must have the right to vote, an assessment, if unpaid can become a lien.
Q7 QUESTION 7 OF 423
What factors influence the type of association that can be developed?
Page 2
, CORRECT ANSWER
Zoning, CDMP
Q8 QUESTION 8 OF 423
These documents define the regulations for use of land, member's rights, & responsibilities, and create the entity that will manage the
community.
CORRECT ANSWER
Declaration of covenants & restrictions/declaration of condominium, Articles of incorporation, bylaws.
Q9 QUESTION 9 OF 423
Director Marion wrote a resignation letter to the board on Jan. 27 and hand-delivered the notice to the chair two days later. The notice DID NOT
specify an effective date. The chair read the notice at the Feb. 5 board meeting. The resignation takes effect:
a) Jan 27
b) Jan 29
c) Feb 1
d) Feb 5
CORRECT ANSWER
b) Jan 29
Q10 QUESTION 10 OF 423
coverage in which the insured receives the full cost to replace the lost item without deduction of depreciation is called:
CORRECT ANSWER
Replacement Cost
Q11 QUESTION 11 OF 423
Chapter 633 Fire Prevention and Control administered by the state fire marshall includes requirements for maintenance, scheduled
inspections and testing of all of the following EXCEPT:
a) fire alarms
b) sprinkler system
c) fire extinguishers, exits and emergency lighting
d) elevators and dumb waiters
CORRECT ANSWER
d) elevators and dumb waiters
Q12 QUESTION 12 OF 423
All books and financial records of the Timeshare plan must be maintained in?
a.) Accordance with generally accepted accounting practices
b.) The manager's office building
d.) Within 40 miles of the complex
c.) A nice bound book
CORRECT ANSWER
a.) Accordance with generally accepted accounting practices
Page 3
, Q13 QUESTION 13 OF 423
Florida Statute Chapter_________ governs the operation of public pools and control thereof.
a. 718
b. 719
c. 870
d. 514
CORRECT ANSWER
d. 514
Q14 QUESTION 14 OF 423
Unit 306 in the Sunnyside Condominium association sustained damage from a grease fire. The oven, cabinet, wallpaper, and kitchen fan were
all damaged. Which items will the association insurance cover?
a. All of them.
b. Only the fan.
c. None of them, as it does not meet the deductible
d. None of them, because they are all the responsibility of the unit owner.
CORRECT ANSWER
d. None of them, because they are all the responsibility of the unit owner.
Q15 QUESTION 15 OF 423
Developer must pay a fee at the time he files any required documents with the DBPR.
CORRECT ANSWER
New Condos/Coops - $20/unit
Timeshares - $2/7 day period each unit will be occupied, but not more than $25,000
Mobile Homes - $10/lot but not less than $100
Q16 QUESTION 16 OF 423
Developer must file the documents with certain governmental entities, and pay a fee for each unit or lot in a community
CORRECT ANSWER
True
Q17 QUESTION 17 OF 423
Florida requires all community associations to be incorporated?
CORRECT ANSWER
True
Q18 QUESTION 18 OF 423
HOA's do not pay fees, as they are not regulated by the state.
True
CORRECT ANSWER
True
Page 4
