CAM LICENSE EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATED 2024 (Graded A+)

CAM LICENSE EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATED 2024 (Graded A+) being licensed under part VIII of chapter 468 F.S. means Correct Answer: you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners Correct Answer: limited common elements property owned by all owners in a condominium Correct Answer: the common elements a maintenance coordinator must... Correct Answer: be licensed as a community association manager and is not exempt the condominium concept is made up of... Correct Answer: operation by the condominium association In order for a board member to be compensated... Correct Answer: they must be licensed as a community association manager cooperative Correct Answer: a type of joint ownership in real estate where legal title is not vested in the individual, but the individual receives the right to occupy a unit time-share property Correct Answer: a type of community association that permits individual units to be owned and occupied by different people during the year appurtenances in a condominium or cooperative include... Correct Answer: use and access to all easements, membership in the association, a assigned percentage of ownership in the common areas and any club membership rights mandatory homeowners association regulated by... Correct Answer: 720 F.S. declaration Correct Answer: a collection of documents that creates an elaborate set of covenants and restrictions that establish basic rights and responsibilities of residents and guests Bylaws Correct Answer: required by the condominium act to establish the procedures for carrying out the day-to-day operations of the association condominium documents must be... Correct Answer: recorded with the clerk of the circuit court as required by the condominium act part V of the condominium act Correct Answer: gives the Division of Florida Land Sales, Condominiums, and Mobiles Homes the power to enforce and ensure compliance with the law when a rental property is converted into a condominium... Correct Answer: each tenant has the right to extend the existing rental agreement amendments to the declaration become effective when... Correct Answer: recorded with the clerk of the circuit court rules promulgated by the Florida Land Sales, Condominiums, and mobiles home are incorporated into the... Correct Answer: administrative code (FAC) Fair Housing Act Correct Answer: authority to make in unlawful to discriminate based on race, color, national origin, sex, handicap, religion or familial status exempt from prohibitions against discrimination based on familial status... Correct Answer: a community will all residents age 62 or over employers that are required to comply with the provisions of the Americans with Disabilities act Correct Answer: a business with 15 employees a contractor has replaced a roof on one of four buildings in a condominium and has not been paid... Correct Answer: he may file a construction lien against all of the unit owners in the association in proportion to the amount of their ownership interests the easements and common elements of a condominium or cooperative are defined in the Correct Answer: declaration the articles of incorporation of a community association... Correct Answer: define the membership and voting rights of its members rules and regulations Correct Answer: the informal or supplemental day-to-day guidelines governing the proper conduct of condominium residents articles of incorporation Correct Answer: establishes the basic structure and areas of responsibility of a condominium association rules and regulations passed by the board... Correct Answer: must be reasonable, nondiscriminatory, and within the scope of their authority modifications in which the manner in which assessments are calculated... Correct Answer: must be approved by all owners and lien holders in written joinder a mandatory homeowners association for a cooperative.. Correct Answer: is created by the developer in order for changes in the articles of incorporation to become effective... Correct Answer: they must be file/recorded with the 1) clerk of the court 2) department of state part IV of the condominium act... Correct Answer: states that the rent escalation clauses based on the C.P.I are unconscionable and unenforceable a developer failing to pay the required fee or make proper filings to the divisions may... Correct Answer: not offer its units for sale the unit owners of a cooperative want to but adjacent property to enlarge the common elements Correct Answer: the membership required a 2/3rds vote for approval in a mandatory homeowners association, the board must provide notice of a regular board meeting at least... Correct Answer: 48 hours in advance agenda and notice requirements for both membership and directors meetings are found in the associations... Correct Answer: bylaws in condominium and cooperative associations the laws provide for atleast officers which are... Correct Answer: president, secretary, and treasurer the time, date, and place of the regular condominium membership meetings are usually stated in the.... Correct Answer: bylaws a proxy properly executed by an owner... Correct Answer: can be used to vote on issues considering an amendment to documents at an annual meeting