FL CAM EXAM AND PRACTICE EXAM NEWEST 2026
TEST BANK| FLORIDA COMMUNITY ASSOCIATION
MANAGER PRE-LICENSING EXAM PREP WITH
COMPLETE 500 REAL EXAM QUESTIONS AND
CORRECT VERIFIED ANSWERS/ ALREADY GRADED
A+ (MOST RECENT!!)
SECTION 1: CHAPTER 468 - COMMUNITY ASSOCIATION
MANAGEMENT LICENSING
Question 1
A community association manager employed by a management firm
is providing services to a 250-unit condominium association with an
annual budget of $850,000. The manager discovers that the
management firm's license expired 45 days ago but continues to
operate. Which of the following statements accurately describes the
legal status and potential consequences for both the manager and
the firm?
A. The manager may continue working because individual licensure
supersedes firm licensure requirements
B. Both the manager and firm are in violation; the firm may face
administrative fines up to $5,000 per offense while the manager
could face disciplinary action for associating with an unlicensed
firm
C. Only the firm faces penalties since the manager holds a valid
individual license
D. The manager must immediately resign but faces no disciplinary
action since employment with an unlicensed firm is not a violation
,Answer: B
Rationale: Under Chapter 468, Part VIII, Florida Statutes, both
individual community association managers and management firms
must maintain valid licenses. A licensed manager who knowingly
associates with or provides services through an unlicensed firm is
subject to disciplinary action. The unlicensed firm faces
administrative fines of up to $5,000 per separate offense. The
manager cannot simply continue working because their individual
license does not authorize them to circumvent the requirement that
management services be provided through properly licensed
entities. This scenario involves multiple violations requiring
immediate corrective action.
Question 2
Acme Management Services, a licensed community association
management firm, assigns a licensed CAM to oversee operations for
three associations simultaneously. The CAM discovers that one
association's board has been conducting private meetings without
proper notice to discuss assessment increases. The CAM's
contractual obligations require maintaining confidentiality, but
Florida law imposes independent duties. Which legal principle
governs the CAM's obligation to report these violations?
A. Attorney-client privilege protects all board communications from
disclosure
B. The CAM must report violations to the Division within 30 days as
a mandatory reporter under Chapter 468
C. The CAM should document the violations and consult legal
counsel, as Chapter 468 requires licensees to report known
violations of the Condominium Act to the Division
D. The CAM has no obligation to report since their contract requires
confidentiality
,Answer: C
Rationale: Chapter 468, Part VIII, F.S., imposes an affirmative duty
on licensed community association managers to report known
violations of the Condominium Act (Chapter 718), Cooperative Act
(Chapter 719), or Homeowners' Association Act (Chapter 720) to the
Division of Florida Condominiums, Timeshares, and Mobile Homes.
This statutory obligation supersedes contractual confidentiality
provisions. The CAM should document violations carefully and
consult legal counsel to ensure proper reporting procedures are
followed. Failure to report known violations can result in
disciplinary action against the CAM's license.
Question 3
A community association manager is hired by a homeowners'
association with 75 parcels and an annual budget of $95,000. The
manager holds a valid CAM license but the management company
does not. The manager performs all management services
personally without supervision from the unlicensed firm. Which
statement accurately reflects the licensing requirements?
A. Neither the manager nor the firm needs a license because the
budget is under $100,000
B. The manager needs a license but the firm does not because the
manager is providing services directly
C. Both the manager and the firm must be licensed regardless of the
budget threshold when a management firm is involved
D. The firm must be licensed only if it employs more than one
licensed manager
, Answer: C
Rationale: While the $100,000 budget threshold determines when a
paid manager must be licensed under Chapter 468, once a
management firm is involved in providing community association
management services, the firm itself must be licensed regardless of
the association's budget. The firm license requirement exists
independently of the individual manager licensing threshold.
Additionally, all community association management services must
be provided by or through a licensed firm. The manager cannot
circumvent this requirement by claiming to work independently
while employed by an unlicensed firm.
Question 4
A licensed community association manager is accused of failing to
maintain accurate financial records for a cooperative association.
During the Division's investigation, the CAM refuses to produce
requested documents, claiming Fifth Amendment protection against
self-incrimination. Which statement accurately describes the CAM's
obligations and potential consequences?
A. The Fifth Amendment fully protects the CAM from producing any
documents
B. The CAM must produce all requested documents; failure to
cooperate constitutes a separate violation subject to license
suspension or revocation
C. The CAM may refuse to produce documents only if criminal
charges have been filed
D. The CAM may produce only documents that do not contain
financial information
TEST BANK| FLORIDA COMMUNITY ASSOCIATION
MANAGER PRE-LICENSING EXAM PREP WITH
COMPLETE 500 REAL EXAM QUESTIONS AND
CORRECT VERIFIED ANSWERS/ ALREADY GRADED
A+ (MOST RECENT!!)
SECTION 1: CHAPTER 468 - COMMUNITY ASSOCIATION
MANAGEMENT LICENSING
Question 1
A community association manager employed by a management firm
is providing services to a 250-unit condominium association with an
annual budget of $850,000. The manager discovers that the
management firm's license expired 45 days ago but continues to
operate. Which of the following statements accurately describes the
legal status and potential consequences for both the manager and
the firm?
A. The manager may continue working because individual licensure
supersedes firm licensure requirements
B. Both the manager and firm are in violation; the firm may face
administrative fines up to $5,000 per offense while the manager
could face disciplinary action for associating with an unlicensed
firm
C. Only the firm faces penalties since the manager holds a valid
individual license
D. The manager must immediately resign but faces no disciplinary
action since employment with an unlicensed firm is not a violation
,Answer: B
Rationale: Under Chapter 468, Part VIII, Florida Statutes, both
individual community association managers and management firms
must maintain valid licenses. A licensed manager who knowingly
associates with or provides services through an unlicensed firm is
subject to disciplinary action. The unlicensed firm faces
administrative fines of up to $5,000 per separate offense. The
manager cannot simply continue working because their individual
license does not authorize them to circumvent the requirement that
management services be provided through properly licensed
entities. This scenario involves multiple violations requiring
immediate corrective action.
Question 2
Acme Management Services, a licensed community association
management firm, assigns a licensed CAM to oversee operations for
three associations simultaneously. The CAM discovers that one
association's board has been conducting private meetings without
proper notice to discuss assessment increases. The CAM's
contractual obligations require maintaining confidentiality, but
Florida law imposes independent duties. Which legal principle
governs the CAM's obligation to report these violations?
A. Attorney-client privilege protects all board communications from
disclosure
B. The CAM must report violations to the Division within 30 days as
a mandatory reporter under Chapter 468
C. The CAM should document the violations and consult legal
counsel, as Chapter 468 requires licensees to report known
violations of the Condominium Act to the Division
D. The CAM has no obligation to report since their contract requires
confidentiality
,Answer: C
Rationale: Chapter 468, Part VIII, F.S., imposes an affirmative duty
on licensed community association managers to report known
violations of the Condominium Act (Chapter 718), Cooperative Act
(Chapter 719), or Homeowners' Association Act (Chapter 720) to the
Division of Florida Condominiums, Timeshares, and Mobile Homes.
This statutory obligation supersedes contractual confidentiality
provisions. The CAM should document violations carefully and
consult legal counsel to ensure proper reporting procedures are
followed. Failure to report known violations can result in
disciplinary action against the CAM's license.
Question 3
A community association manager is hired by a homeowners'
association with 75 parcels and an annual budget of $95,000. The
manager holds a valid CAM license but the management company
does not. The manager performs all management services
personally without supervision from the unlicensed firm. Which
statement accurately reflects the licensing requirements?
A. Neither the manager nor the firm needs a license because the
budget is under $100,000
B. The manager needs a license but the firm does not because the
manager is providing services directly
C. Both the manager and the firm must be licensed regardless of the
budget threshold when a management firm is involved
D. The firm must be licensed only if it employs more than one
licensed manager
, Answer: C
Rationale: While the $100,000 budget threshold determines when a
paid manager must be licensed under Chapter 468, once a
management firm is involved in providing community association
management services, the firm itself must be licensed regardless of
the association's budget. The firm license requirement exists
independently of the individual manager licensing threshold.
Additionally, all community association management services must
be provided by or through a licensed firm. The manager cannot
circumvent this requirement by claiming to work independently
while employed by an unlicensed firm.
Question 4
A licensed community association manager is accused of failing to
maintain accurate financial records for a cooperative association.
During the Division's investigation, the CAM refuses to produce
requested documents, claiming Fifth Amendment protection against
self-incrimination. Which statement accurately describes the CAM's
obligations and potential consequences?
A. The Fifth Amendment fully protects the CAM from producing any
documents
B. The CAM must produce all requested documents; failure to
cooperate constitutes a separate violation subject to license
suspension or revocation
C. The CAM may refuse to produce documents only if criminal
charges have been filed
D. The CAM may produce only documents that do not contain
financial information
