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FL CAM PRACTICE EXAM #1 ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!!.

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FL CAM PRACTICE EXAM #1 ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW VERSION!!.

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FL CAM PRACTICE EXAM #1 ACTUAL EXAM COMPLETE
100 QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND
NEW VERSION!!.

QUESTION
A board member of a condominium or cooperative association may not accept anything
of value providing goods or services to the association for his/her benefit or the benefit
of his/her family except:

A. for items received at trade fairs or educational programs
B. when fully disclosed to all of the other board members.
C. when received from a vendor who is also a relative.
D. when the item received has a value of less than $500.00

CORRECT ANS: A

Expert Rationale
Florida law strictly prohibits board members from accepting anything of value from
vendors or service providers if it could be perceived as influencing their decisions.
However, there is an exception for items of nominal value received at trade fairs or
educational programs. These are considered incidental and not intended to influence
decision-making. The other options are not valid exceptions, as even fully disclosed
items or those under $500 could still create a conflict of interest.
DIF: Cognitive Level: Understand (Comprehension) TOP: Ethics and Conflicts of Interest
MSC: N/A




QUESTION
The document that created an elaborate set of covenants and restrictions that establish
basic rights and responsibilities of homeowners' association members, residents and
guests is the:

A. Charter
B. Bylaws

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,C. Articles
D. Declaration

CORRECT ANS: D

Expert Rationale
The Declaration of Covenants, Conditions, and Restrictions (often simply called the
Declaration) is the foundational document for a homeowners' association. It establishes
the basic rights and responsibilities of members, residents, and guests, and sets forth
the covenants and restrictions that govern the use of property within the community.
The Declaration is recorded in the public records and runs with the land, meaning it
binds all current and future owners. The Charter, Bylaws, and Articles of Incorporation
are also important documents but do not create the specific use restrictions found in
the Declaration.
DIF: Cognitive Level: Remember (Knowledge) TOP: Governing Documents MSC: N/A




QUESTION
Florida's Condominium Act and the Not-For-Profit Act require which document to
establish procedures for carrying out the day-to-day operations of the association?

A. Charter
B. Bylaws
C. Declaration
D. Articles

CORRECT ANS: B

Expert Rationale
The Bylaws are the document that establishes the procedures for carrying out the day-
to-day operations of the association. They govern the internal management of the
association, including the election of directors, the conduct of meetings, and the roles
and responsibilities of officers. Both the Florida Condominium Act (Chapter 718) and the
Not-For-Profit Corporation Act (Chapter 617) require associations to have bylaws that
address these operational matters.
DIF: Cognitive Level: Remember (Knowledge) TOP: Governing Documents MSC: N/A




2 | Page

,QUESTION
The Condominium Act specifies that which of the following are reserved for exclusive
use of certain owners?

A. Common areas
B. Limited common elements
C. Recreation areas
D. Elevators

CORRECT ANS: B

Expert Rationale
Limited common elements are portions of the common elements that are reserved for
the exclusive use of one or more, but not all, unit owners. Examples include balconies,
parking spaces, and storage units assigned to specific units. The Condominium Act
specifically defines and addresses limited common elements, distinguishing them from
general common elements, which are available for use by all owners. Elevators and
recreation areas are typically general common elements.
DIF: Cognitive Level: Remember (Knowledge) TOP: Common Elements MSC: N/A




QUESTION
The community association statute require that each association's governing documents
be recorded with which of the following to be effective?

A. The Department of Business and Professional Regulation
B. The clerk of the circuit court
C. The recording office
D. The Division of Florida Condominiums, Timeshares and Mobile Homes

CORRECT ANS: B

Expert Rationale
To be effective and enforceable, a community association's governing documents,
particularly the Declaration, must be recorded in the public records of the county where
the property is located. This is done with the clerk of the circuit court. Recording
provides constructive notice to all interested parties and ensures that the covenants and
restrictions are binding on all current and future owners. While some documents must
also be filed with state agencies, recording with the clerk of the court is the essential


3 | Page

, step for the documents to take legal effect.
DIF: Cognitive Level: Remember (Knowledge) TOP: Governing Documents MSC: N/A




QUESTION
The Condominium Act gives which of the following the power to enforce and ensure
compliance with the law?

A. The Department of State
B. The directors of the associations
C. The Division of Florida Condominiums, Timeshares, and Mobile Homes
D. The clerk of the circuit court

CORRECT ANS: C

Expert Rationale
The Division of Florida Condominiums, Timeshares, and Mobile Homes (part of the
Department of Business and Professional Regulation) is the state agency responsible for
enforcing and ensuring compliance with the Florida Condominium Act. The Division
investigates complaints, conducts mediations, and has the authority to impose fines and
other penalties for violations of the law. While board members have responsibilities, the
Division is the primary regulatory authority.
DIF: Cognitive Level: Remember (Knowledge) TOP: Regulatory Agencies MSC: N/A




QUESTION
When an existing rental property is converted to a condominium, each tenant has:

A. the statutory right to begin legal action against the developer.
B. already been notified of his/her certain eviction.
C. the right to continue to rent for an unspecified time.
D. the right to extend his or her lease.

CORRECT ANS: D

Expert Rationale
When a rental property is converted to a condominium, the Florida Condominium Act


4 | Page

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