FL CAM LICENSE EXAM QUESTIONS WITH
COMPLETE SOLUTIONS
1. Condominium Form Of Ownership Is Comprised Of Units Owned By One Or More
Persons And Joint Ownership Of ________ Share In The Common Elements.
A. A Percentage
B. An Undivided
C. A Proportional
D. A Complete Correct Answer: B. An Undivided
Condominium Means Individual Ownership Of A Unit Coupled With Joint Ownership
Of An Undivided Share Of The Common Elements As Well As Mandatory Membership
In The Association.
2. Under The General Corporate Law _______, Community Associations Have The
Right To Buy, Sell Or Lease Real Property. Under The Condo And Co-Op Laws _____,
Condos And Coops Have The Specific Authority To Acquire Title.
A. & 719
B. & 708
C. & 719
D. & 719 Correct Answer: D. & 719
Fs 607 Is General Corporate Law, Fs 718 Is Condominiums, And Fs 719 Is Cooperatives.
3. A Person Doing The Following For Remuneration Must Have A License.
A. Posts Notices For Meetings And Chairs Committee Meetings
B. Prepares Budgets And Financial Statements.
C. Supervises Maintenance.
,D. All Of The Above. Correct Answer: D. All Of The Above.
A Person Who Provides The Following Services For Compensation Must Be Licensed
By Dbpr
Disburse Funds
Prepare Budgets And/Or Financial Reports
Notice Or Conduct Meetings
Coordinate Maintenance Or Other Day-To-Day Services Involving The Operation Of The
Association
4. Application For Renewal Of A Cam License Shall Be Postmarked By ___________ .
If Renewal Application Is Postmarked After ____________ Of The Renewal Year, The
License Shall Be Deemed Expired.
A. September 30, September 30
B. October 31, October 31
C. September 30, October 31
D. December 31, January 1 Correct Answer: C. September 30, October 31
Renewal Applications Shall Be Postmarked On Or Before September 30 Each Even
Year. If The Renewal Application Is Postmarked After October 31, That License Is
Deemed Expired.
5. Restrictive Covenants That Run With The Land As Permanent Restrictions Remain In
Effect Until ________.
A. The Majority Of The Owners Vote Otherwise
B. All Of The Owners Agree
C. The Developer Cancels Them
D. The Community Is Terminated Correct Answer: D. The Community Is Terminated
,When You Purchase, You Know That These Covenants Exist And Will Continue To
Exist For The Life Of The Condominium Or Parcel And Upon Resale, The Next Owner
Inherits The Same Covenants. This Is Called Running With The Land.
6. The Cooperative Documents Must Contain All Of Following Except ________.
A. Documentation Of Each Owner
B. Identification By Unit Number/Letter
C. Recognition Of Owner
D. Definition Of The Grounds Lease Correct Answer: B. Identification By Unit
Number/Letter
Under Cooperative Law, The Co-Op Documents Include The Articles Of Incorporation
And By-Laws, A Definition Of The Grounds Lease, The Owner's Share And
Membership In The Co-Op And Title Or Right To Use Of A Unit.
7. The ______ Creates The Association And The ______ Creates The Condominium.
A. Declaration Of Condominium / Articles Of Incorporation
B. By-Laws / Declaration
C. Articles Of Incorporation / Declaration
D. Articles Of Incorporation / Bylaws Correct Answer: C. Articles Of Incorporation /
Declaration
The Articles Of Incorporation, Also Known As The Corporate Charter, Are The
Documents That Create The Association. The Condominium Is Established When The
Developer Records The Declaration Of Condominium With The County Clerk In The
County Seat Of The County In Which The Condominium Is To Be Built.
8. What Defines The Membership And The Voting Rights Of The Association?
A. Corporate Charter
B. Declaration Of Condominium
C. By-Laws
, D. Rules And Regulations Correct Answer: A. Corporate Charter
The Articles Of Incorporation, Also Known As The Corporate Charter, Provide The
Framework For The Organization Of The Association And Define Its Membership And
The Voting Rights Of The Members.
9. The ______ Establish(Es) The Procedures For Carrying Out The Day To Day
Responsibilities Of The Association.
A. Articles Of Incorporation
B. Declaration Of Condominium
C. By-Laws
D. Rules And Regulations Correct Answer: C. By-Laws
The By-Laws Establish The Procedures For Carrying Out The Association's
Responsibilities And Clarify The Day-To-Day Duties Necessary To Carry Out The
Responsibilities Of The Association.
10. If The Governing Documents Of An Association Conflict, Which Of The Following
Is The Proper Order Of Priority?
A. By-Laws, Declaration, Articles Of Incorporation, Board Rules And Regulations
B. Declaration, Articles Of Incorporation, By-Laws, Board Rules & Regulations
C. Articles Of Incorporation, Declaration, By-Laws, Board Rules And Regulations
D. Declaration, Board-Approved Rules, Articles Of Incorporation, By-Laws Correct
Answer: B. Declaration, Articles Of Incorporation, By-Laws, Board Rules &
Regulations
All Of The Documents Should Be Consistent With Each Other. Their Order Of Priority
Is:
Declaration Of Condominium
Articles Of Incorporation
By-Laws
COMPLETE SOLUTIONS
1. Condominium Form Of Ownership Is Comprised Of Units Owned By One Or More
Persons And Joint Ownership Of ________ Share In The Common Elements.
A. A Percentage
B. An Undivided
C. A Proportional
D. A Complete Correct Answer: B. An Undivided
Condominium Means Individual Ownership Of A Unit Coupled With Joint Ownership
Of An Undivided Share Of The Common Elements As Well As Mandatory Membership
In The Association.
2. Under The General Corporate Law _______, Community Associations Have The
Right To Buy, Sell Or Lease Real Property. Under The Condo And Co-Op Laws _____,
Condos And Coops Have The Specific Authority To Acquire Title.
A. & 719
B. & 708
C. & 719
D. & 719 Correct Answer: D. & 719
Fs 607 Is General Corporate Law, Fs 718 Is Condominiums, And Fs 719 Is Cooperatives.
3. A Person Doing The Following For Remuneration Must Have A License.
A. Posts Notices For Meetings And Chairs Committee Meetings
B. Prepares Budgets And Financial Statements.
C. Supervises Maintenance.
,D. All Of The Above. Correct Answer: D. All Of The Above.
A Person Who Provides The Following Services For Compensation Must Be Licensed
By Dbpr
Disburse Funds
Prepare Budgets And/Or Financial Reports
Notice Or Conduct Meetings
Coordinate Maintenance Or Other Day-To-Day Services Involving The Operation Of The
Association
4. Application For Renewal Of A Cam License Shall Be Postmarked By ___________ .
If Renewal Application Is Postmarked After ____________ Of The Renewal Year, The
License Shall Be Deemed Expired.
A. September 30, September 30
B. October 31, October 31
C. September 30, October 31
D. December 31, January 1 Correct Answer: C. September 30, October 31
Renewal Applications Shall Be Postmarked On Or Before September 30 Each Even
Year. If The Renewal Application Is Postmarked After October 31, That License Is
Deemed Expired.
5. Restrictive Covenants That Run With The Land As Permanent Restrictions Remain In
Effect Until ________.
A. The Majority Of The Owners Vote Otherwise
B. All Of The Owners Agree
C. The Developer Cancels Them
D. The Community Is Terminated Correct Answer: D. The Community Is Terminated
,When You Purchase, You Know That These Covenants Exist And Will Continue To
Exist For The Life Of The Condominium Or Parcel And Upon Resale, The Next Owner
Inherits The Same Covenants. This Is Called Running With The Land.
6. The Cooperative Documents Must Contain All Of Following Except ________.
A. Documentation Of Each Owner
B. Identification By Unit Number/Letter
C. Recognition Of Owner
D. Definition Of The Grounds Lease Correct Answer: B. Identification By Unit
Number/Letter
Under Cooperative Law, The Co-Op Documents Include The Articles Of Incorporation
And By-Laws, A Definition Of The Grounds Lease, The Owner's Share And
Membership In The Co-Op And Title Or Right To Use Of A Unit.
7. The ______ Creates The Association And The ______ Creates The Condominium.
A. Declaration Of Condominium / Articles Of Incorporation
B. By-Laws / Declaration
C. Articles Of Incorporation / Declaration
D. Articles Of Incorporation / Bylaws Correct Answer: C. Articles Of Incorporation /
Declaration
The Articles Of Incorporation, Also Known As The Corporate Charter, Are The
Documents That Create The Association. The Condominium Is Established When The
Developer Records The Declaration Of Condominium With The County Clerk In The
County Seat Of The County In Which The Condominium Is To Be Built.
8. What Defines The Membership And The Voting Rights Of The Association?
A. Corporate Charter
B. Declaration Of Condominium
C. By-Laws
, D. Rules And Regulations Correct Answer: A. Corporate Charter
The Articles Of Incorporation, Also Known As The Corporate Charter, Provide The
Framework For The Organization Of The Association And Define Its Membership And
The Voting Rights Of The Members.
9. The ______ Establish(Es) The Procedures For Carrying Out The Day To Day
Responsibilities Of The Association.
A. Articles Of Incorporation
B. Declaration Of Condominium
C. By-Laws
D. Rules And Regulations Correct Answer: C. By-Laws
The By-Laws Establish The Procedures For Carrying Out The Association's
Responsibilities And Clarify The Day-To-Day Duties Necessary To Carry Out The
Responsibilities Of The Association.
10. If The Governing Documents Of An Association Conflict, Which Of The Following
Is The Proper Order Of Priority?
A. By-Laws, Declaration, Articles Of Incorporation, Board Rules And Regulations
B. Declaration, Articles Of Incorporation, By-Laws, Board Rules & Regulations
C. Articles Of Incorporation, Declaration, By-Laws, Board Rules And Regulations
D. Declaration, Board-Approved Rules, Articles Of Incorporation, By-Laws Correct
Answer: B. Declaration, Articles Of Incorporation, By-Laws, Board Rules &
Regulations
All Of The Documents Should Be Consistent With Each Other. Their Order Of Priority
Is:
Declaration Of Condominium
Articles Of Incorporation
By-Laws
