Florida CAM Exam Study Guide with Complete Solutions

Florida CAM Exam Study Guide with Complete Solutions Florida CAM Exam Study Guide with Complete Solutions Florida CAM Exam Study Guide with Complete Solutions A Community is defined as - ANSWER-Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for maintenance and administration of property, assets, and association, and with specific rights granted to the members. Community Associations are structured by - ANSWER-Formal (in writing), legal documents defining property rights, rules and restrictions. Community Associations are also referred to as - ANSWER-Covenant Conceptually Community Associations: - ANSWER-Maximize land use, share responsibility, and expenses.