Florida CAM Exam 2026/2027 Complete Questions and
Answers, 100% Correct, Guaranteed, Exams of Real Estate
Management
Section 1: Introduction & Exam Parameters
The Florida Community Association Manager (CAM) licensure examination is administered
by Pearson VUE on behalf of the Florida Department of Business and Professional
Regulation (DBPR) and its Regulatory Council of Community Association Managers.
Licensure is governed by Chapter 468, Part VIII, Florida Statutes, and by Chapters 61E14
and 61-20, Florida Administrative Code. Candidates must be at least 18 years of age,
complete a DBPR-approved 16-hour prelicensure course, submit an application with the
required fee, clear an electronic fingerprint-based background screening, and pass the state
examination. The state examination consists of 100 multiple-choice questions (four
options, A through D), is delivered on computer at a Pearson VUE test center, and requires
a scaled score of 75 to pass. Examination eligibility is valid for one year after application
approval, and a candidate who fails may retest after 24 hours.
A CAM license is required whenever a person performs community association
management services for compensation for an association that contains more than 10 units
or has an annual budget in excess of $100,000. Licensed activities under section
468.431(2), F.S., include controlling or disbursing association funds, preparing budgets or
other financial documents, noticing or conducting association meetings, determining the
number of days required for statutory notices, coordinating maintenance for the residential
development, and performing other day-to-day operational services that require
substantial specialized knowledge, judgment, and managerial skill. Business entities
providing these services must hold a separate CAM firm license. CAM licenses expire on
September 30 of each even-numbered year and require 15 hours of continuing education
per biennium, with an additional 5 HOA-specific hours (3 of which must address
recordkeeping) for licensees serving homeowners' associations, for a total of 20 hours for
those managers.
The examination content outline draws on the full statutory and operational landscape of
Florida community association management. Core domains include: (1) the Condominium
Act, Chapter 718, F.S.; (2) the Homeowners' Association Act, Chapter 720, F.S.; (3) the
Cooperative Act, Chapter 719, F.S., and the Florida Mobile Home Act, Chapter 723, F.S.; (4)
CAM licensing law and professional discipline under Chapter 468, Part VIII; (5) budgets,
reserves, assessments, collections, and financial reporting; (6) board and membership
meetings, notices, quorums, proxies, and elections; (7) official records, retention schedules,
inspection rights, and association websites; (8) contracts, competitive bidding, conflicts of
interest, and vendor management; (9) insurance, risk transfer, claims, and emergency
powers; (10) maintenance responsibility, milestone inspections, structural integrity
reserve studies, and life-safety compliance; (11) ethics, fiduciary duty, and the standards of
,professional conduct in Rule 61E14-2.001, F.A.C.; and (12) general real estate management
principles, including leasing, valuation, human resources, and fair housing.
Candidates should expect a blend of straight recall items (statutory thresholds, deadlines,
retention periods, and dollar figures), scenario-based application items placing the
manager in a live governance or financial situation, and compliance items testing the
boundary between the association's authority and the individual owner's rights. Effective
testing strategy includes: memorizing numeric triggers and deadlines because they are
heavily tested; reading each scenario stem for the specific chapter that governs (a rule for
condominiums is frequently the wrong answer for an HOA); eliminating options that
require the manager to exercise powers reserved to the board; and defaulting to the
answer that preserves the manager's fiduciary duty, the association's statutory compliance,
and the owner's due process. This examination reflects Florida law as amended through
the 2025 legislative session, including SB 4-D (2022), SB 154 (2023), HB 1021 and HB 1203
(2024), and HB 913 (2025). Time management matters: at 100 questions in three hours,
the pace is roughly 1.8 minutes per question, leaving time for a final review of flagged
items.
Section 2: The Complete Exam
1. A management company is negotiating to manage a 9-unit condominium association
with an annual budget of $145,000. Which statement correctly describes the licensure
requirement?
A. A CAM license is required because the association's annual budget exceeds
$100,000.
B. Only a real estate broker's license is required for an association of this size.
C. No license is required unless the association is a residential condominium.
D. No CAM license is required because the association contains 10 or fewer units.
Rationale: Section 468.431(2), F.S., triggers licensure when the association contains more
than 10 units *or* has an annual budget in excess of $100,000; the test is disjunctive. Because
the $145,000 budget exceeds the threshold, licensure applies even though the unit count does
not, making D and C incorrect, and Chapter 475 brokerage licensure does not authorize CAM
services.
2. Which of the following activities may a paid, unlicensed assistant lawfully perform for a
large condominium association?
A. Determining the number of days required for a statutory meeting notice.
B. Copying and mailing a notice of meeting that a licensed manager has prepared
and directed.
C. Preparing the proposed annual budget for board consideration.
D. Deciding when to disburse association reserve funds.
Rationale: Section 468.431(2), F.S., and Rule 61E14-2.001, F.A.C., reserve judgment-based
functions—determining notice periods, controlling or disbursing funds, and preparing
,budgets—for licensees. Ministerial and clerical tasks performed under a licensee's direction,
such as duplicating and mailing an already-prepared notice, are not licensed activity.
3. Florida CAM licenses expire on which date?
A. September 30 of each odd-numbered year.
B. June 30 of each even-numbered year.
C. September 30 of each even-numbered year.
D. December 31 of each odd-numbered year.
Rationale: Rule 61E14-4.001, F.A.C., and DBPR licensing schedules set the CAM biennial
renewal expiration at September 30 of even-numbered years; CAM firm licenses expire
September 30 of odd-numbered years. Confusing the individual and firm cycles is the classic
distractor on this item.
4. A CAM who provides management services to a homeowners' association must complete
how many total continuing education hours per biennial renewal cycle?
A. 16 hours, including 1 hour of recordkeeping.
B. 24 hours, including 8 hours of legal update.
C. 15 hours, with no HOA-specific requirement.
D. 20 hours, including 5 HOA-specific hours of which 3 must relate to
recordkeeping.
Rationale: Rule 61E14-4.001, F.A.C., as amended following HB 1203 (2024), requires the
standard 15 hours plus a minimum of 5 additional HOA-specific hours, 3 of which must
address recordkeeping, for licensees serving HOAs. Managers must also flag HOA service on
their DBPR online profile so the requirement is tracked.
5. The standard 15-hour CAM continuing education requirement includes all of the
following mandatory 3-hour categories EXCEPT:
A. Insurance and financial management.
B. Real estate appraisal and valuation methods.
C. Legal update.
D. Operation of the association's physical property.
Rationale: Rule 61E14-4.001, F.A.C., prescribes 3 hours each of legal update, insurance and
financial management, operation of the physical property, human resources, and elective
instruction. Appraisal and valuation is not a mandated CAM CE category, although it may
qualify only if approved as an elective directly related to association management.
, 6. A licensed CAM commingles $4,000 of association operating funds with the manager's
personal checking account for two weeks and then restores the money. Under DBPR
standards, this conduct is:
A. A violation of the standards of professional conduct that subjects the licensee
to discipline.
B. Permissible if the board later ratifies the transaction in writing.
C. Governed solely by Chapter 475, F.S., not Chapter 468.
D. Permissible because no loss occurred and the funds were restored.
Rationale: Rule 61E14-2.001(2), F.A.C., requires a manager to maintain association funds in
accounts separate from personal or firm funds and prohibits commingling; section 468.436,
F.S., authorizes discipline for such violations. Restoration of the funds or after-the-fact board
ratification mitigates harm but does not cure the violation.
7. Which body has the authority to discipline a Florida CAM licensee for violating Chapter
468, Part VIII?
A. The Division of Florida Condominiums, Timeshares, and Mobile Homes, exclusively.
B. The Florida Real Estate Commission.
C. The circuit court in the county where the association is located.
D. The DBPR, acting on the recommendation of the Regulatory Council of
Community Association Managers.
Rationale: Section 468.436, F.S., places disciplinary authority over CAM licensees with the
DBPR through the Regulatory Council of Community Association Managers. The Division
regulates associations themselves, and the Florida Real Estate Commission regulates Chapter
475 licensees, not CAMs.
8. Penalties the DBPR may impose on a CAM licensee under section 468.436, F.S., include
all of the following EXCEPT:
A. Probation with conditions such as additional education.
B. Suspension or permanent revocation of the license.
C. A term of imprisonment imposed directly by the Regulatory Council.
D. An administrative fine and a reprimand.
Rationale: Section 468.436(2), F.S., authorizes denial, revocation, suspension, reprimand,
probation, and administrative fines. Incarceration is a criminal sanction that only a court
may impose; the Council's authority is administrative.
9. A CAM firm's license and an individual CAM license differ in that:
A. A business entity offering CAM services must hold a firm license, and the
individuals performing the services must each hold individual licenses.
B. Only the individual license requires prelicensure education, and only the firm
license requires an exam.
C. A firm license permits unlicensed employees to perform all management functions.
Answers, 100% Correct, Guaranteed, Exams of Real Estate
Management
Section 1: Introduction & Exam Parameters
The Florida Community Association Manager (CAM) licensure examination is administered
by Pearson VUE on behalf of the Florida Department of Business and Professional
Regulation (DBPR) and its Regulatory Council of Community Association Managers.
Licensure is governed by Chapter 468, Part VIII, Florida Statutes, and by Chapters 61E14
and 61-20, Florida Administrative Code. Candidates must be at least 18 years of age,
complete a DBPR-approved 16-hour prelicensure course, submit an application with the
required fee, clear an electronic fingerprint-based background screening, and pass the state
examination. The state examination consists of 100 multiple-choice questions (four
options, A through D), is delivered on computer at a Pearson VUE test center, and requires
a scaled score of 75 to pass. Examination eligibility is valid for one year after application
approval, and a candidate who fails may retest after 24 hours.
A CAM license is required whenever a person performs community association
management services for compensation for an association that contains more than 10 units
or has an annual budget in excess of $100,000. Licensed activities under section
468.431(2), F.S., include controlling or disbursing association funds, preparing budgets or
other financial documents, noticing or conducting association meetings, determining the
number of days required for statutory notices, coordinating maintenance for the residential
development, and performing other day-to-day operational services that require
substantial specialized knowledge, judgment, and managerial skill. Business entities
providing these services must hold a separate CAM firm license. CAM licenses expire on
September 30 of each even-numbered year and require 15 hours of continuing education
per biennium, with an additional 5 HOA-specific hours (3 of which must address
recordkeeping) for licensees serving homeowners' associations, for a total of 20 hours for
those managers.
The examination content outline draws on the full statutory and operational landscape of
Florida community association management. Core domains include: (1) the Condominium
Act, Chapter 718, F.S.; (2) the Homeowners' Association Act, Chapter 720, F.S.; (3) the
Cooperative Act, Chapter 719, F.S., and the Florida Mobile Home Act, Chapter 723, F.S.; (4)
CAM licensing law and professional discipline under Chapter 468, Part VIII; (5) budgets,
reserves, assessments, collections, and financial reporting; (6) board and membership
meetings, notices, quorums, proxies, and elections; (7) official records, retention schedules,
inspection rights, and association websites; (8) contracts, competitive bidding, conflicts of
interest, and vendor management; (9) insurance, risk transfer, claims, and emergency
powers; (10) maintenance responsibility, milestone inspections, structural integrity
reserve studies, and life-safety compliance; (11) ethics, fiduciary duty, and the standards of
,professional conduct in Rule 61E14-2.001, F.A.C.; and (12) general real estate management
principles, including leasing, valuation, human resources, and fair housing.
Candidates should expect a blend of straight recall items (statutory thresholds, deadlines,
retention periods, and dollar figures), scenario-based application items placing the
manager in a live governance or financial situation, and compliance items testing the
boundary between the association's authority and the individual owner's rights. Effective
testing strategy includes: memorizing numeric triggers and deadlines because they are
heavily tested; reading each scenario stem for the specific chapter that governs (a rule for
condominiums is frequently the wrong answer for an HOA); eliminating options that
require the manager to exercise powers reserved to the board; and defaulting to the
answer that preserves the manager's fiduciary duty, the association's statutory compliance,
and the owner's due process. This examination reflects Florida law as amended through
the 2025 legislative session, including SB 4-D (2022), SB 154 (2023), HB 1021 and HB 1203
(2024), and HB 913 (2025). Time management matters: at 100 questions in three hours,
the pace is roughly 1.8 minutes per question, leaving time for a final review of flagged
items.
Section 2: The Complete Exam
1. A management company is negotiating to manage a 9-unit condominium association
with an annual budget of $145,000. Which statement correctly describes the licensure
requirement?
A. A CAM license is required because the association's annual budget exceeds
$100,000.
B. Only a real estate broker's license is required for an association of this size.
C. No license is required unless the association is a residential condominium.
D. No CAM license is required because the association contains 10 or fewer units.
Rationale: Section 468.431(2), F.S., triggers licensure when the association contains more
than 10 units *or* has an annual budget in excess of $100,000; the test is disjunctive. Because
the $145,000 budget exceeds the threshold, licensure applies even though the unit count does
not, making D and C incorrect, and Chapter 475 brokerage licensure does not authorize CAM
services.
2. Which of the following activities may a paid, unlicensed assistant lawfully perform for a
large condominium association?
A. Determining the number of days required for a statutory meeting notice.
B. Copying and mailing a notice of meeting that a licensed manager has prepared
and directed.
C. Preparing the proposed annual budget for board consideration.
D. Deciding when to disburse association reserve funds.
Rationale: Section 468.431(2), F.S., and Rule 61E14-2.001, F.A.C., reserve judgment-based
functions—determining notice periods, controlling or disbursing funds, and preparing
,budgets—for licensees. Ministerial and clerical tasks performed under a licensee's direction,
such as duplicating and mailing an already-prepared notice, are not licensed activity.
3. Florida CAM licenses expire on which date?
A. September 30 of each odd-numbered year.
B. June 30 of each even-numbered year.
C. September 30 of each even-numbered year.
D. December 31 of each odd-numbered year.
Rationale: Rule 61E14-4.001, F.A.C., and DBPR licensing schedules set the CAM biennial
renewal expiration at September 30 of even-numbered years; CAM firm licenses expire
September 30 of odd-numbered years. Confusing the individual and firm cycles is the classic
distractor on this item.
4. A CAM who provides management services to a homeowners' association must complete
how many total continuing education hours per biennial renewal cycle?
A. 16 hours, including 1 hour of recordkeeping.
B. 24 hours, including 8 hours of legal update.
C. 15 hours, with no HOA-specific requirement.
D. 20 hours, including 5 HOA-specific hours of which 3 must relate to
recordkeeping.
Rationale: Rule 61E14-4.001, F.A.C., as amended following HB 1203 (2024), requires the
standard 15 hours plus a minimum of 5 additional HOA-specific hours, 3 of which must
address recordkeeping, for licensees serving HOAs. Managers must also flag HOA service on
their DBPR online profile so the requirement is tracked.
5. The standard 15-hour CAM continuing education requirement includes all of the
following mandatory 3-hour categories EXCEPT:
A. Insurance and financial management.
B. Real estate appraisal and valuation methods.
C. Legal update.
D. Operation of the association's physical property.
Rationale: Rule 61E14-4.001, F.A.C., prescribes 3 hours each of legal update, insurance and
financial management, operation of the physical property, human resources, and elective
instruction. Appraisal and valuation is not a mandated CAM CE category, although it may
qualify only if approved as an elective directly related to association management.
, 6. A licensed CAM commingles $4,000 of association operating funds with the manager's
personal checking account for two weeks and then restores the money. Under DBPR
standards, this conduct is:
A. A violation of the standards of professional conduct that subjects the licensee
to discipline.
B. Permissible if the board later ratifies the transaction in writing.
C. Governed solely by Chapter 475, F.S., not Chapter 468.
D. Permissible because no loss occurred and the funds were restored.
Rationale: Rule 61E14-2.001(2), F.A.C., requires a manager to maintain association funds in
accounts separate from personal or firm funds and prohibits commingling; section 468.436,
F.S., authorizes discipline for such violations. Restoration of the funds or after-the-fact board
ratification mitigates harm but does not cure the violation.
7. Which body has the authority to discipline a Florida CAM licensee for violating Chapter
468, Part VIII?
A. The Division of Florida Condominiums, Timeshares, and Mobile Homes, exclusively.
B. The Florida Real Estate Commission.
C. The circuit court in the county where the association is located.
D. The DBPR, acting on the recommendation of the Regulatory Council of
Community Association Managers.
Rationale: Section 468.436, F.S., places disciplinary authority over CAM licensees with the
DBPR through the Regulatory Council of Community Association Managers. The Division
regulates associations themselves, and the Florida Real Estate Commission regulates Chapter
475 licensees, not CAMs.
8. Penalties the DBPR may impose on a CAM licensee under section 468.436, F.S., include
all of the following EXCEPT:
A. Probation with conditions such as additional education.
B. Suspension or permanent revocation of the license.
C. A term of imprisonment imposed directly by the Regulatory Council.
D. An administrative fine and a reprimand.
Rationale: Section 468.436(2), F.S., authorizes denial, revocation, suspension, reprimand,
probation, and administrative fines. Incarceration is a criminal sanction that only a court
may impose; the Council's authority is administrative.
9. A CAM firm's license and an individual CAM license differ in that:
A. A business entity offering CAM services must hold a firm license, and the
individuals performing the services must each hold individual licenses.
B. Only the individual license requires prelicensure education, and only the firm
license requires an exam.
C. A firm license permits unlicensed employees to perform all management functions.
