FLORIDA CAM LICENSE EXAM | NEWEST
g g g g g
ACTUAL EXAM COMPREHENSIVE QUESTIO
g g g
NS AND VERIFIED ANSWERS GRADED A+ |
g g g g g g g
100% PASS | 2025 UPDATE!
g g g g
IfgthegdeclarationgofgCondogorgCoopgdocsgdognotgspecifygagprocedure,gthe
gdefaultgproceduregforgalterationsgorgbetterment grequiresg75%gTVIgtogap
provegalterationsgorgadditionsgtogcommongelementsg-
g ✔✔✔gCorrectgAnswerg >g True
MembersgingagcommunitygAssociationghavega to
,g ,gandg
thegpropertygingaccordancegwithgtheg
,gandgrequirementsgofgtheg ,
.g-
g ✔✔✔gCorrectg Answerg >g responsibility,goccupy,guse,gmaintain,gstatut
es,glegalgdocuments.
ThegDBPRghasg
daysgtognotifygthegmobileghomegparkgownergofganyg
deficienciesgingthegprospectusg-g ✔✔✔gCorrectg Answerg >g 45
WhogregulatesgCommunitygAssociations?g-
g ✔✔✔gCorrectg Answerg >gthegDbprgthroughgthegDivisiongofgCondo'sgti
mshares,gandgmobileghomesg(gDFCTSMH)
,Legalgstructuregofgthegcommunitygassociationg-g ✔✔✔gCorrectg Answer
> Eachgcommunityghasgagdifferentglegalgstructure,gisggovernedgbygag
differentgstructure,gandghasgdocumentsgthatgaregspecificgtogthatgco
mmunitygassociation.
HowgMuchgnoticegisgrequiredgforgagmeetinggwheregthegboardgwillgbegelec
ted?g-g ✔✔✔gCorrectg Answerg >g 60gDays
Condos:gAgdevelopergisgentitledgtogelectgorgappointgatgleastgonegdirector
,gprovidedgthatgthegdevelopergmeetsganygofgthegfollowinggRequirements:
-
g ✔✔✔gCorrectg Answerg >g Lessgthang500gUnitsgandgthegdevelopergo
wnsg5%gofgthegunits
Moregthang500gUnitsgandgthegdevelopergownsg2%gofgthegunits
HOAS:gthegDevelopergisgentitledgtogelectgatgleastgonegdirector,gprovidedgt
hatgthegdevelopergholdsgforgsalegatgleast:g-
g ✔✔✔gCorrectg Answerg >g5%gofgthegparcelsgingallgphasesgofgthegcomm
unity
BulkgAssigneeg-
g ✔✔✔gCorrectg Answerg >g Buyergwhogacquiresgmoregthangsevengparcel
sgingagsinglegcondominiumgaftergJulyg12010gandgpriorgtogJulyg1,g2018gandg
receivesgassignmentgofgsomegorgallgthegrightsgofgthegdevelopergbygagwritt
engdocumentgingthegcountygrecords.
,Mustgagcondogorgcoopgincludegfullygfundedgreservesgingthegproposedgbud
getg-
g ✔✔✔gCorrectg Answerg >g Yes,gunlessgtheyghavegbeengvotedgtogwaive
CondogMembergInsurancegCoveragegrequiresgthatgeachgmembergshallg
insuregwhatginghisgorghergowngunit?g-
g ✔✔✔gCorrectg Answerg >g Floor,gwallgandgceilinggcovering
appliancesgandgelectricalgfixturesg
builtgingcabinetsgandgcountergtopsg
watergheatersgandgwatergfiltersgwi
ndowgtreatments
AngHO-6gCovers:g-
g ✔✔✔gCorrectg Answerg >g agmembergingagcondogorgcoop
angHO-3gcovers:g-g ✔✔✔gCorrectg Answerg >g AgmembergingagHOA
ThreegPrimarygobjectivesgofgagCommunitygAssociationgare:g-
g ✔✔✔gCorrectg Answerg >g PreservegProtectgandgenhancegthegvalu
egofgthegcommunity
Enhancegtheglifestylegofgthegcommunityg
providegagharmoniousgcommunity
, RequirementsgforgagCommunitygassociationg-g ✔✔✔gCorrectg Answerg >
MembershipgisgmandatorygMemb
ersghavegthegrightgtogvote
Angunpaidgassessmentgcangbecomegagliengongagmembersgproperty
Limitedgcommongproperty:g-
g ✔✔✔gCorrectg Answerg >g Commongpropertyglimitedgtogusegbygonegorg
moregbutgnotgallgmembers.
Appurtenancesgare:g-
g ✔✔✔gCorrectg Answerg >g Accessorygrightsgthatgareginherentgtogagmem
bergofgthegassociation.
Whogdecidesgwhatgtypegofgcommunitygitgwillgbe?g-
g ✔✔✔gCorrectgAnswerg >g ThegDeveloper
Floridagstatutegrequiresgthatgthegassocaitiongbegorganizedgasgagcorporati
on,ggrantinggwhatgpowers?g-
g ✔✔✔gCorrectg Answerg >gBudgetedgforgthegmaintenancegandgoperatio
ngofgthegproperty,gassociationgandgassets;
Collectinggthegnecessarygfundsgtogcarrygoutgduties
Enteringgintogcontract,ghiringgemployeesgandgtakinggothergmeasuresgasgn
eededgtogmeetgobjectives.
AllgAssociationsgaregcorporations,gnotgforgprofit.g-
g ✔✔✔gCorrectgAnswerg >g True
g g g g g
ACTUAL EXAM COMPREHENSIVE QUESTIO
g g g
NS AND VERIFIED ANSWERS GRADED A+ |
g g g g g g g
100% PASS | 2025 UPDATE!
g g g g
IfgthegdeclarationgofgCondogorgCoopgdocsgdognotgspecifygagprocedure,gthe
gdefaultgproceduregforgalterationsgorgbetterment grequiresg75%gTVIgtogap
provegalterationsgorgadditionsgtogcommongelementsg-
g ✔✔✔gCorrectgAnswerg >g True
MembersgingagcommunitygAssociationghavega to
,g ,gandg
thegpropertygingaccordancegwithgtheg
,gandgrequirementsgofgtheg ,
.g-
g ✔✔✔gCorrectg Answerg >g responsibility,goccupy,guse,gmaintain,gstatut
es,glegalgdocuments.
ThegDBPRghasg
daysgtognotifygthegmobileghomegparkgownergofganyg
deficienciesgingthegprospectusg-g ✔✔✔gCorrectg Answerg >g 45
WhogregulatesgCommunitygAssociations?g-
g ✔✔✔gCorrectg Answerg >gthegDbprgthroughgthegDivisiongofgCondo'sgti
mshares,gandgmobileghomesg(gDFCTSMH)
,Legalgstructuregofgthegcommunitygassociationg-g ✔✔✔gCorrectg Answer
> Eachgcommunityghasgagdifferentglegalgstructure,gisggovernedgbygag
differentgstructure,gandghasgdocumentsgthatgaregspecificgtogthatgco
mmunitygassociation.
HowgMuchgnoticegisgrequiredgforgagmeetinggwheregthegboardgwillgbegelec
ted?g-g ✔✔✔gCorrectg Answerg >g 60gDays
Condos:gAgdevelopergisgentitledgtogelectgorgappointgatgleastgonegdirector
,gprovidedgthatgthegdevelopergmeetsganygofgthegfollowinggRequirements:
-
g ✔✔✔gCorrectg Answerg >g Lessgthang500gUnitsgandgthegdevelopergo
wnsg5%gofgthegunits
Moregthang500gUnitsgandgthegdevelopergownsg2%gofgthegunits
HOAS:gthegDevelopergisgentitledgtogelectgatgleastgonegdirector,gprovidedgt
hatgthegdevelopergholdsgforgsalegatgleast:g-
g ✔✔✔gCorrectg Answerg >g5%gofgthegparcelsgingallgphasesgofgthegcomm
unity
BulkgAssigneeg-
g ✔✔✔gCorrectg Answerg >g Buyergwhogacquiresgmoregthangsevengparcel
sgingagsinglegcondominiumgaftergJulyg12010gandgpriorgtogJulyg1,g2018gandg
receivesgassignmentgofgsomegorgallgthegrightsgofgthegdevelopergbygagwritt
engdocumentgingthegcountygrecords.
,Mustgagcondogorgcoopgincludegfullygfundedgreservesgingthegproposedgbud
getg-
g ✔✔✔gCorrectg Answerg >g Yes,gunlessgtheyghavegbeengvotedgtogwaive
CondogMembergInsurancegCoveragegrequiresgthatgeachgmembergshallg
insuregwhatginghisgorghergowngunit?g-
g ✔✔✔gCorrectg Answerg >g Floor,gwallgandgceilinggcovering
appliancesgandgelectricalgfixturesg
builtgingcabinetsgandgcountergtopsg
watergheatersgandgwatergfiltersgwi
ndowgtreatments
AngHO-6gCovers:g-
g ✔✔✔gCorrectg Answerg >g agmembergingagcondogorgcoop
angHO-3gcovers:g-g ✔✔✔gCorrectg Answerg >g AgmembergingagHOA
ThreegPrimarygobjectivesgofgagCommunitygAssociationgare:g-
g ✔✔✔gCorrectg Answerg >g PreservegProtectgandgenhancegthegvalu
egofgthegcommunity
Enhancegtheglifestylegofgthegcommunityg
providegagharmoniousgcommunity
, RequirementsgforgagCommunitygassociationg-g ✔✔✔gCorrectg Answerg >
MembershipgisgmandatorygMemb
ersghavegthegrightgtogvote
Angunpaidgassessmentgcangbecomegagliengongagmembersgproperty
Limitedgcommongproperty:g-
g ✔✔✔gCorrectg Answerg >g Commongpropertyglimitedgtogusegbygonegorg
moregbutgnotgallgmembers.
Appurtenancesgare:g-
g ✔✔✔gCorrectg Answerg >g Accessorygrightsgthatgareginherentgtogagmem
bergofgthegassociation.
Whogdecidesgwhatgtypegofgcommunitygitgwillgbe?g-
g ✔✔✔gCorrectgAnswerg >g ThegDeveloper
Floridagstatutegrequiresgthatgthegassocaitiongbegorganizedgasgagcorporati
on,ggrantinggwhatgpowers?g-
g ✔✔✔gCorrectg Answerg >gBudgetedgforgthegmaintenancegandgoperatio
ngofgthegproperty,gassociationgandgassets;
Collectinggthegnecessarygfundsgtogcarrygoutgduties
Enteringgintogcontract,ghiringgemployeesgandgtakinggothergmeasuresgasgn
eededgtogmeetgobjectives.
AllgAssociationsgaregcorporations,gnotgforgprofit.g-
g ✔✔✔gCorrectgAnswerg >g True
