FLORIDA CAM LICENSE EXAM 2024/2025 NEWEST!! ACTUAL
COMPLETE 100 REAL EXAM QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS ) ALREADY GRADED A+.
Within ____ days after ____% of the total units are conveyed to non-
developer members, the developer must
______________ - ANSWER -%/ call a meeting for election of
directors
If the member signs his is her ballot , is it valid - ANSWER -yes, as
long as there was no space requiring a signature
If other documents are placed in the inner envelope with the ballot, is
it valid - ANSWER -yes, as long as there are no additional ballots
challenges to the election process are limited to no more than
_______ __________ - ANSWER -60 days
A condo of ______ or fewer units or a coop of any size can _______
________ of voting procedures - ANSWER 10 / opt out
If a condo or coop opts out of the voting are they required to do so
every year? - ANSWER -no
A newly appointed director has :__________ _________ to read the
association declaration, articles of incorporation bylaws, rules &
regulations and written policies. - ANSWER -90 days
,The secretary must retain the written certification or educational
certificate of a director for _______ ________ ________ the election
or for duration of the uninterrupted tenure. - ANSWER -5 years after
The terms of persons who serve as officers expires at the annual
meeting - ANSWER -True
The resignation becomes effective - ANSWER -when it is delivered,
unless it states a later date.
An outgoing board member has _______ days to relinquish all official
records and property of the association in his or her control. -
ANSWER -5
approval to add an emergency item to an agenda must be approved
by: - ANSWER -super majority / majority of directors plus 1
In an emergency the board is required to post a notice, but does not
have to meet the 48 hour requirement - ANSWER -True
The following documents must be filed with the Secretary of State: -
ANSWER -Articles of Incorporation, and bylaws
Condo's and HOAS should file with the clerk of court at a minimum: -
ANSWER -Declaration of Covenants and
,Restrictions or Declaration of Condominium, Articles of
Incorporation and Bylaws
Condos must file with the DBPR - ANSWER -$20 per unit that is to be
constructed, within 120 days after they are filed with the Clerk of
Courts
Timeshares must file with the DBPR - ANSWER -$2 per unit for every
7 days that each unit is intended to be occupied, to a maximum of
$25,000
A developer may/ may not charge a fee for the initial set of
documents? - ANSWER -may not
The DBPR regulates through the DFCTSMH - ANSWER -Condos;
Timeshares; Coops, Mobile Home Parks
HOAS are / are not regulated by the state - ANSWER -are not
The division enforces the acts and statutes through the - ANSWER -
Florida Administrative Code (FAC)
According to part v of the cooperative act, what agency is designated
to enforce and ensure compliance with provisions of the Cooperative
Act - ANSWER -The DBPR
, In a cooperative; issues such as transfer fees, fidelity bonds and
arbitration are generally provided for in the -
ANSWER -bylaws
If a developer fails to make the proper filings to the DBPR or pay the
required fee, the developer may - ANSWER be prohibited from
offering the units for sale
Proxies for Mobile Home Associations are good for - ANSWER -90
days
if the members own 15% of the unit, they are entitled to elect no less
than _____________of the directors - ANSWER -1/3
If an out of state timeshare wants to sell units to Florida residents, -
ANSWER -they must comply with Florida disclosures,
If a developer owns 5% of 500 or less units they can appoint at least
__________ director - ANSWER -1
If a developer owns 2% of 500 or more units they can appoint at least
_______ director - ANSWER -1
the second notice of elections must include - ANSWER -a ballot
How should candidates for election be listed - ANSWER -
alphabetically by last name
COMPLETE 100 REAL EXAM QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS ) ALREADY GRADED A+.
Within ____ days after ____% of the total units are conveyed to non-
developer members, the developer must
______________ - ANSWER -%/ call a meeting for election of
directors
If the member signs his is her ballot , is it valid - ANSWER -yes, as
long as there was no space requiring a signature
If other documents are placed in the inner envelope with the ballot, is
it valid - ANSWER -yes, as long as there are no additional ballots
challenges to the election process are limited to no more than
_______ __________ - ANSWER -60 days
A condo of ______ or fewer units or a coop of any size can _______
________ of voting procedures - ANSWER 10 / opt out
If a condo or coop opts out of the voting are they required to do so
every year? - ANSWER -no
A newly appointed director has :__________ _________ to read the
association declaration, articles of incorporation bylaws, rules &
regulations and written policies. - ANSWER -90 days
,The secretary must retain the written certification or educational
certificate of a director for _______ ________ ________ the election
or for duration of the uninterrupted tenure. - ANSWER -5 years after
The terms of persons who serve as officers expires at the annual
meeting - ANSWER -True
The resignation becomes effective - ANSWER -when it is delivered,
unless it states a later date.
An outgoing board member has _______ days to relinquish all official
records and property of the association in his or her control. -
ANSWER -5
approval to add an emergency item to an agenda must be approved
by: - ANSWER -super majority / majority of directors plus 1
In an emergency the board is required to post a notice, but does not
have to meet the 48 hour requirement - ANSWER -True
The following documents must be filed with the Secretary of State: -
ANSWER -Articles of Incorporation, and bylaws
Condo's and HOAS should file with the clerk of court at a minimum: -
ANSWER -Declaration of Covenants and
,Restrictions or Declaration of Condominium, Articles of
Incorporation and Bylaws
Condos must file with the DBPR - ANSWER -$20 per unit that is to be
constructed, within 120 days after they are filed with the Clerk of
Courts
Timeshares must file with the DBPR - ANSWER -$2 per unit for every
7 days that each unit is intended to be occupied, to a maximum of
$25,000
A developer may/ may not charge a fee for the initial set of
documents? - ANSWER -may not
The DBPR regulates through the DFCTSMH - ANSWER -Condos;
Timeshares; Coops, Mobile Home Parks
HOAS are / are not regulated by the state - ANSWER -are not
The division enforces the acts and statutes through the - ANSWER -
Florida Administrative Code (FAC)
According to part v of the cooperative act, what agency is designated
to enforce and ensure compliance with provisions of the Cooperative
Act - ANSWER -The DBPR
, In a cooperative; issues such as transfer fees, fidelity bonds and
arbitration are generally provided for in the -
ANSWER -bylaws
If a developer fails to make the proper filings to the DBPR or pay the
required fee, the developer may - ANSWER be prohibited from
offering the units for sale
Proxies for Mobile Home Associations are good for - ANSWER -90
days
if the members own 15% of the unit, they are entitled to elect no less
than _____________of the directors - ANSWER -1/3
If an out of state timeshare wants to sell units to Florida residents, -
ANSWER -they must comply with Florida disclosures,
If a developer owns 5% of 500 or less units they can appoint at least
__________ director - ANSWER -1
If a developer owns 2% of 500 or more units they can appoint at least
_______ director - ANSWER -1
the second notice of elections must include - ANSWER -a ballot
How should candidates for election be listed - ANSWER -
alphabetically by last name
