FL CAM License
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
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
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.
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
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
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
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
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 ______ 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
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
When we are talking about amending the documents, which of the following is
correct?
A. If proviso made and percentage stated, then that percent
B. If no proviso, then 100%
C. If proviso made but no percentage stated, then 66 2/3%
D. All of the above
CORRECT ANSWER: D. All of the above
In a Chapter 720 Homeowners Association, which of the following is required to
amend the governing documents?
A. A majority vote of the board of directors at a regular business meeting
B. A majority vote of all the voting interests in the association
C. A majority vote by the Board of Governors at an amendment meeting
D. Approval of 2/3 of the voting interests in the association
CORRECT ANSWER: D. Approval of 2/3 of the voting interests in the association
That property owned by the association for the use and benefit of its owners is called
_______.
A. limited common elements
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
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
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.
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
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
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
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
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 ______ 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
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
When we are talking about amending the documents, which of the following is
correct?
A. If proviso made and percentage stated, then that percent
B. If no proviso, then 100%
C. If proviso made but no percentage stated, then 66 2/3%
D. All of the above
CORRECT ANSWER: D. All of the above
In a Chapter 720 Homeowners Association, which of the following is required to
amend the governing documents?
A. A majority vote of the board of directors at a regular business meeting
B. A majority vote of all the voting interests in the association
C. A majority vote by the Board of Governors at an amendment meeting
D. Approval of 2/3 of the voting interests in the association
CORRECT ANSWER: D. Approval of 2/3 of the voting interests in the association
That property owned by the association for the use and benefit of its owners is called
_______.
A. limited common elements
