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FL CAM COMPREHENSIVE ANSWERS AND QUESTIONS SET A.pdf

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FL CAM COMPREHENSIVE ANSWERS AND QUESTIONS SET A.pdf

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FL CAM COMPREHENSIVE ANSWERS AND
QUESTIONS SET A+
✔✔The Double Declining Condominium employs a maintenance coordinator who
performs all of the maintenance and repairs. The association contains 178 units. Which
applies? (Pg.6)
A. As long as no other services are provided, the maintenance coordinator need not be
licensed.
B. The board of directors is responsible for supervising, the coordinator, so no license is
required.
C. Maintenance coordinators are licensed by the county and need not be licensed
otherwise
D. The maintenance coordinator must be licensed as a community association manager
- ✔✔D.

✔✔The Big Bucks condominium Association wants to pay their officers and directors for
performing their services to encourage more of the members to participate in
association activities. Which applies?
A. Homeowners' associations formed under Florida's general corporate statute prohibit
payment to officers and directors
B. The Board of Governors should review the association documents to determine how
the payment can be made
C. Chapter 617, F.S. Prohibits payment to officers and directors in all cases.
D. The board may pay officers only; directors may not receive any compensation -
✔✔B.

✔✔The easements and common elements of a condominium are established in the:
A. Florida Administrative Code
B. Articles of Incorporation
C. ByLaws
D. Declaration - ✔✔D.

✔✔Along with exclusive ownership of a single unit and joint ownership of common
elements, the condominium concepts is made up of:

, A. An equal share of stock dividends for each unit owner
B. Mandatory management by professionals
C. Operations by the condominium association
D. Mandatory regulations by Chapter 617, F.S. - ✔✔C.

✔✔The article of incorporation of a community association:
A.define the membership and voting rights of its members
B. Include the declaration of association
C. Include the association guidelines
D. Include the association code of conduct - ✔✔A.

✔✔The informal or supplemental day-to-day guidelines governing the proper conduct of
community association residents are known as:
A. Bylaws
B. Code of Conduct
C. Rules and Regulations
D. Condominium guidlines - ✔✔C.

✔✔The basic structure and areas of responsibility of a condominium association are
established by the:
A. Rules and Regulations
B. Policies and Procedures
C. Articles of Incorporation
D. Bylaws - ✔✔C.

✔✔Agenda and notice requirements for both membership and directors' meetings are
found in the association's:
A. Code of conduct
B. Rules and Regulations
C. Resolution of procedures
D. Bylaws - ✔✔D.

✔✔In the condominium and cooperative associations, the bylaws must provide for at
least three officers that are:
A. President, Vice President and Secretary
B. President, Vice President, Secretary and Treasurer
C. President, Vice President, and Treasurer
D. President, Secretary and Tresurer - ✔✔D.

✔✔The time, date and place of the annual condominium membership meeting are
usually stated in the:
A. Resolution of procedures
B. Declaration of condominium
C. Bylaws

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