FL CAM License 2025|Actual Exam
Test(MULTIPLE CHOICES) and (RATIONALES)
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Terms in this set (100)
1. Condominium form of B. an undivided
ownership is comprised
of units owned by one or Condominium means individual ownership of a unit
more persons and joint coupled with joint ownership of an undivided share
ownership of ________ share of the common elements as well as mandatory
in the common elements. membership in the association.
A. a percentage
B. an undivided
C. a proportional
D. a complete
2. Under the General D. & 719
Corporate Law _______,
community associations FS 607 is General Corporate Law, FS 718 is
have the right to buy, sell condominiums, and FS 719 is cooperatives.
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
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3. A person doing the D. All of the above.
following for
remuneration must have a A person who provides the following services for
license. compensation must be licensed by DBPR
A. Posts notices for Disburse funds
meetings and chairs Prepare budgets and/or financial reports
committee meetings Notice or conduct meetings
B. Prepares budgets and Coordinate maintenance or other day-to-day
financial statements. services involving the operation of the association
C. Supervises
maintenance.
D. All of the above.
4. Application for renewal C. September 30, October 31
of a CAM license shall be
postmarked by ___________ . Renewal applications shall be postmarked on or
If renewal application is before September 30 each even year. If the renewal
postmarked after application is postmarked after October 31, that
____________ of the renewal license is deemed expired.
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
5. Restrictive covenants D. The community is terminated
that run with the land as
permanent restrictions When you purchase, you know that these covenants
remain in effect until exist and will continue to exist for the life of the
________. condominium or parcel and upon resale, the next
A. The majority of the owner inherits the same covenants. This is called
owners vote otherwise running with the land.
B. All of the owners agree
C. The developer cancels
them
D. The community is
terminated
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6. The Cooperative B. Identification by unit number/letter
documents must contain
all of following except Under Cooperative law, the co-op documents
________. include the Articles of Incorporation and By-Laws, a
A. Documentation of definition of the grounds lease, the owner's share
each owner and membership in the co-op and title or right to
B. Identification by unit use of a unit.
number/letter
C. Recognition of owner
D. Definition of the
grounds lease
7. The ______ creates the C. Articles of Incorporation / Declaration
association and the ______
creates the condominium. The Articles of Incorporation, also known as the
A. Declaration of Corporate Charter, are the documents that create
Condominium / Articles the association. The Condominium is established
of Incorporation when the developer records the Declaration of
B. By-Laws / Declaration Condominium with the county clerk in the county
C. Articles of seat of the county in which the condominium is to
Incorporation / be built.
Declaration
D. Articles of
Incorporation / Bylaws
8. What defines the A. Corporate Charter
membership and the
voting rights of the The Articles of Incorporation, also known as the
Association? Corporate Charter, provide the framework for the
A. Corporate Charter organization of the association and define its
B. Declaration of membership and the voting rights of the members.
Condominium
C. By-Laws
D. Rules and Regulations
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9. The ______ establish(es) C. By-laws
the procedures for
carrying out the day to The By-Laws establish the procedures for carrying
day responsibilities of the out the association's responsibilities and clarify the
association. day-to-day duties necessary to carry out the
A. Articles of responsibilities of the association.
Incorporation
B. Declaration of
Condominium
C. By-laws
D. Rules and Regulations
10. If the governing B. Declaration, Articles of Incorporation, By-laws,
documents of an Board Rules & regulations
association conflict,
which of the following is All of the documents should be consistent with each
the proper order of other. Their order of priority is:
priority? Declaration of Condominium
A. By-laws, Declaration, Articles of Incorporation
Articles of Incorporation, By-Laws
Board Rules and Rules and Regulations
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
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