FL CAM PRACTICE EXAM #1 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026 – 2027
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 - (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 - (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 - (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. - (answer)D.
,FL CAM PRACTICE EXAM #1 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026 – 2027
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. - (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. - (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 - (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. - (answer)D.
, FL CAM PRACTICE EXAM #1 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026 – 2027
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. - (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 - (answer)B.
The community association statute require that each association's governing documents be recoreded
with which of the following to be effective?
A. The Department of Business and Professional Regulation,
B. The clear of the circuit court.
C. The recording office.
D. The Division of Florida Condominiums, Timeshares and Mobile Homes - (answer)B.
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, Time Shares, and Mobile Homes.
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026 – 2027
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 - (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 - (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 - (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. - (answer)D.
,FL CAM PRACTICE EXAM #1 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026 – 2027
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. - (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. - (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 - (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. - (answer)D.
, FL CAM PRACTICE EXAM #1 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2026 – 2027
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. - (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 - (answer)B.
The community association statute require that each association's governing documents be recoreded
with which of the following to be effective?
A. The Department of Business and Professional Regulation,
B. The clear of the circuit court.
C. The recording office.
D. The Division of Florida Condominiums, Timeshares and Mobile Homes - (answer)B.
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, Time Shares, and Mobile Homes.
