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Exam (elaborations)

FLORIDA COMMUNITY ASSOCIATION MANAGER LICENSING PRACTICE EXAM

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FLORIDA COMMUNITY ASSOCIATION MANAGER LICENSING PRACTICE EXAM

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FLORIDA COMMUNITY ASSOCIATION
MANAGER LICENSING PRACTICE EXAM




1. Which Florida agency regulates community association
managers?

A. Department of Revenue

B. Department of Business and Professional Regulation

C. Department of Financial Services

D. Department of State

Correct Answer: B. Department of Business and
Professional Regulation

Rationale: DBPR is responsible for regulating and licensing
Florida community association managers.



2. Under Florida law, what is a community association?

A. Only a condominium association

B. Only a homeowners' association

,C. A qualifying residential association authorized to impose a
fee that may become a lien

D. Any neighborhood social organization

Correct Answer: C. A qualifying residential association
authorized to impose a fee that may become a lien

Rationale: Florida's statutory definition encompasses several
types of residential associations, including qualifying
homeowners', condominium, cooperative, and similar
associations.



3. A person generally must be licensed to manage a community
association when performing regulated management services
for remuneration if the association has:

A. More than 5 units

B. More than 10 units or a budget exceeding $100,000

C. More than 25 units only

D. More than 100 units only

Correct Answer: B. More than 10 units or a budget
exceeding $100,000

,Rationale: Florida's statutory definition of community
association management uses the threshold of more than 10
units or an annual budget exceeding $100,000.



4. Which person may generally perform clerical or ministerial
functions without a CAM license?

A. An employee independently determining assessments

B. A person performing clerical functions under the direct
supervision and control of a licensed manager

C. A person independently negotiating contracts

D. A person independently preparing association budgets

Correct Answer: B. A person performing clerical functions
under the direct supervision and control of a licensed manager

Rationale: Florida law distinguishes clerical or ministerial
duties performed under direct supervision from regulated
management functions.



5. Which activity is specifically included within community
association management?

A. Preparing personal tax returns

, B. Preparing association budgets

C. Selling real estate

D. Practicing law

Correct Answer: B. Preparing association budgets

Rationale: Preparing budgets and other financial documents
for a community association is a statutory management
activity.



6. Who may issue a Florida CAM license?

A. The association board

B. DBPR

C. The county clerk

D. The association attorney

Correct Answer: B. DBPR

Rationale: Licensing authority rests with the Florida
Department of Business and Professional Regulation.



7. What is the minimum age for a Florida CAM applicant?

A. 16

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