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FL CAM Exam and Practice Exam Newest 2026 Test Bank | Florida Community Association Manager Pre-Licensing Exam Prep with Complete 250 Verified Questions | 2026/2027 Edition

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FL CAM Exam and Practice Exam Newest 2026 Test Bank | Florida Community Association Manager Pre-Licensing Exam Prep with Complete 250 Verified Questions | 2026/2027 Edition After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 – FL CAM Exam 08/25/2026 Page 2 | 93 Correct Answer :C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit, is a: A. mobile home. B. cooperative C. mandatory homeowners' association. D. condominium – Correct Answer :B. The type of community association that permits individual units to be owned and occupied by different people during the year is a: A.time-share property. B.cooperative. C.phase condominium D.townhouse – Correct Answer :A. Appurtenances in a condominium or cooperative include rights of: A. use and access to all individual units. B. liens. C. the association's records. D. the use of and access to all easements, membership in the associatio

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FL CAM Exam 08/25/2026




FL CAM Exam and Practice Exam Newest 2026
Test Bank | Florida Community Association
Manager Pre-Licensing Exam Prep with
Complete 250 Verified Questions | 2026/2027
Edition




After purchasing the mobile home park, the residents form a community association and hire a paid
manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the
association exceeds:

A.$50,000

B.$75,000

C.$100,00

D.$125,000 –



P a g e 1 | 93

, FL CAM Exam 08/25/2026




Correct Answer :C.




A type of joint ownership of real estate where legal title is not vested in the individual, but the
individual receives the right to occupy a unit, is a:

A. mobile home.

B. cooperative

C. mandatory homeowners' association.

D. condominium –



Correct Answer :B.




The type of community association that permits individual units to be owned and occupied by
different people during the year is a:

A.time-share property.

B.cooperative.

C.phase condominium

D.townhouse –



Correct Answer :A.



Appurtenances in a condominium or cooperative include rights of:

A. use and access to all individual units.

B. liens.

C. the association's records.

D. the use of and access to all easements, membership in the association, and assigned percentage of
ownership in the common areas and any club membership rights.
P a g e 2 | 93

, FL CAM Exam 08/25/2026




- Correct Answer :D.




Any person or firm licensed under Part VIII of Chapter 468, Florida Statutes, is considered:

A. responsible for management

B. capable of performing community association management services.

C. capable of transferring possessions and ownership of cooperative property. -



Correct Answer :B.



A homeowners' association where membership in the association is mandatory for all owners and the
association has a lien right which is not a condominium or cooperative is regulated by provisions of
which Florida statute?

A. 648, F.S.

B. 720, F.S.

C. 721, F.S.

D 735, F.S.



- Correct Answer :B.



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 –



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, FL CAM Exam 08/25/2026




Correct Answer :A.




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

A. Charter

B. Bylaws.

C. Articles.

D. Declaration. –



Correct Answer :D.



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 Answer :B.




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

A. Common ares.

B. Limited common elements.

C. Recreation areas.

D. Elevators - Correct Answer :B.
P a g e 4 | 93

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