Florida Community Association Manager Chapter 2 Exam Questions With Correct Answers

CAM - Answer Community Association manager Manager or management firm - Answer The board by decide to delegate or hire a? The board may NEVER delegate it's responsibility for __________-__________ or _________ ________________. - Answer Decision -making or policy judgements Community Association Manager (CAM) - Answer Person licensed to provide management services to a community association. Community Association Management Business (CAB) - Answer Firm that provides community association management services. CAMs/CABs are governed by: - Answer F.S. 455 and 468 (Part VII) F.A.C. 61-62 F.A.C. 61E-14 CAM - Answer Performs certain practices that require substantial specialized knowledge, judgement and managerial skill for compensation for a community association. The manager of a community association must be a licensed CAM if: - Answer The association or associations served contain more than 10 residential units OR have an annual budget or budgets in excess of $100,000 (cumulative (add all)to either of these for a manager that services more than one community) Practices defined by statute, performed by a CAM/CAB, include: - Answer -assist in providing notice of or conduct a community association meeting -calculate and prepare certificates of assessment and estoppel certificates -calculate the votes for a quorum or to approve a proposition or amendment -collect amounts due to the association before filing a civil action -complete forms related to the management of a community association that have been created by statute or by a state agency -comply with the associations governing documents and the requirements of law as necessary to perform such practices -control or disburse finds if a community association -coordinate maintenance for a residential community association -coordinate or perform maintenance for real or personal property and other related routine services involved in the operation of a community association -determine amounts due to the association -determine the number of days required for statutory notices -draft meeting notices and agendas -draft pre-arbitration demands -negotiate monetary or performance terms of a contract subject to approval by an association -prepare budgets or other financial documents for a community association -perform other day to day services that are involved with the operation of a community association Unlicensed practice of law (UPL) - Answer The FL Supreme Court issued an opinion that certain activities performed by a CAM/CAB may require the use of a community association lawyer or else may constitute? Community Association management firm or community association management business (CAB) - Answer A corporation, limited liability company, partnership, trust, association, sole proprietorship, or other similar organization involved in the business of community association management to engage in certain practices that require substantial specialized knowledge, judgement, and managerial skills for compensation. CAB - Answer Have the same responsibilities as a CAM? One must have a CAB license if? - Answer The association or associations served contain more than 10 residential units OR have an annual budget or budgets in excess of $100,000 (cumulative (add all)to either of these for a manager that services more than one community) CABs must have? - Answer CAMs - or those who work for them to serve Community Associations must have the license as legally required by FL Statute CAB must have attests ______ licensed CAM - Answer 1 F.S. 468 Part VIII - Answer If there is not at least one licensed CAM in a CAB then the CAB license is automatically canceled during the period there is no CAM CAM/CAB - Answer Employed by and works at the discretion of the community association's board of directors. Board President - Answer Who a CAM/CAB typically takes direction from in a community A CAM's specific duties are determined by: - Answer -Community Association -CAB if the CAM works for one -Both if applicable -written contractual agreement and/or position description CAM licensure requirements (FL Law) - Answer -be at least 18 -Have a good moral character -complete a state approved pre-licensure course within 12 months prior to date of examination -provide electronic fingerprints prior to submitting application to DBPR -send in complete application form -successfully complete application and background screening -take and pass the state exam with 75% or higher F.A.C. 61E14-1.001 - Answer Includes provisions by the state for applicants who have a hardship or a disability will trying to become a CAM (ex. Take pre-licensure class online). Hardships for CAM licensure provisions by DBPR: - Answer - reside more than 70 miles from the nearest physical location for pre licensure course -providers in area do not offer a course within the 12 months proceeding a exam Disability defined by the DBPR for CAM course provisions: - Answer A physical or mental impairment that substantially limits one or more major life activities and precludes the applicant from attending a pre-licensure course. A management firm must notify the DBPR ________________ after any change in information that is contained in their CAB licensure application, including: - Answer WITHIN 30 DAYS -addresses -officers -licensed personnel DBPR must determine if a CAB / CAM licensure application is complete: - Answer WITHIN 30 DAYS F.S. 468.435 (1) (a) -(c) & F.S. 468.435 (1) (d) - Answer Statutes on the CAB licensure fee and renewal fees The DBPR must request a licensure applicants criminal history record from the FDLE; - Answer WOTHIN 15 DAYS CAB & CAM licensure applicants have how many days to correct errors or omissions to applications? - Answer 60 DAYS CAM/CAB licensure applicants will be notified by the DBPR in any application approval: - Answer WITHIN 90 DAYS of the applicants last submitted application Licensure - Answer Designed to protect the public and to create a platform whereby the industry can evolve and improve its services. CAB - Answer FL requires that a corporation, partnership or other entity that provides Community association management services be a licensed? FL _________________ recognize licenses from other states. - Answer Does not Actions and or inactions - Answer A person's title does not define that person's role or position, it is defined by their? Licensed - Answer Anyone practicing or performing anything defined as community association management related, must be? If you perform the _____________ of a CAM, you must become a licensed CAM. - Answer Functions Exceptions to the CAM licensure requirements: - Answer -the association is Self-managed by the board ( FL law does not require a community hire a manager- regardless of the number of units the board can manage themselves) -volunteers, such as directors and committee members are serving in a capacity in which no license or certification is needed (otherwise it is required) -an officer or director manages an association with PG 20 CAM & CAB Licenses are issued for a ____________ year licensure period, beginning _______________ and ending ______________, ______________ years later - Answer 2 October 1 September 30 2 CAM License Period - Answer October 1 of an even year, ending September 30 of the following even numbered year