FL CAM License
1. Condominium shape of possession is made out of gadgets owned by means of one or
greater individuals and joint possession of ________ proportion inside the not unusual
factors.
A. A percent
B. An undivided
C. A proportional
D. A entire - ANS-B. An undivided
Condominium manner man or woman ownership of a unit coupled with joint ownership of an
undivided percentage of the not unusual elements in addition to mandatory club in the
association.
2. Under the General Corporate Law _______, community institutions have the proper to
shop for, promote or hire actual property. Under the condominium and co-op legal guidelines
_____, condos and coops have the particular authority to gather identify.
A. & 719
B. & 708
C. & 719
D. & 719 - ANS-D. & 719
FS 607 is General Corporate Law, FS 718 is condominiums, and FS 719 is cooperatives.
Three. A person doing the following for remuneration need to have a license.
A. Posts notices for conferences and chairs committee conferences
B. Prepares budgets and economic statements.
C. Supervises protection.
D. All of the above. - ANS-D. All of the above.
A person who provides the subsequent offerings for compensation must be certified via
DBPR
Disburse funds
Prepare budgets and/or financial reviews
Notice or behavior conferences
Coordinate preservation or different everyday services concerning the operation of the
affiliation
four. Application for renewal of a CAM license shall be postmarked through ___________ . If
renewal software is postmarked after ____________ of the renewal yr, the license will be
deemed expired.
A. September 30, September 30
B. October 31, October 31
C. September 30, October 31
D. December 31, January 1 - ANS-C. September 30, October 31
,Renewal programs shall be postmarked on or before September 30 every even yr. If the
renewal utility is postmarked after October 31, that license is deemed expired.
5. Restrictive covenants that run with the land as everlasting restrictions remain in effect until
________.
A. The majority of the proprietors vote otherwise
B. All of the owners agree
C. The developer cancels them
D. The network is terminated - ANS-D. The network is terminated
When you buy, you already know that these covenants exist and will continue to exist for the
life of the apartment or parcel and upon resale, the next proprietor inherits the equal
covenants. This is known as strolling with the land.
6. The Cooperative files should contain all of following besides ________.
A. Documentation of every owner
B. Identification through unit variety/letter
C. Recognition of owner
D. Definition of the grounds rent - ANS-B. Identification through unit number/letter
Under Cooperative law, the co-op documents consist of the Articles of Incorporation and
By-Laws, a definition of the grounds hire, the owner's percentage and membership in the
co-op and name or right to apply 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 - ANS-C. Articles of Incorporation / Declaration
The Articles of Incorporation, additionally known as the Corporate Charter, are the
documents that create the association. The Condominium is established when the developer
statistics the Declaration of Condominium with the county clerk in the county seat of the
county in which the apartment is to be constructed.
Eight. What defines the membership and the balloting rights of the Association?
A. Corporate Charter
B. Declaration of Condominium
C. By-Laws
D. Rules and Regulations - ANS-A. Corporate Charter
The Articles of Incorporation, also known as the Corporate Charter, provide the framework
for the corporation of the affiliation and define its membership and the vote casting rights of
the contributors.
Nine. The ______ set up(es) the processes for sporting out the each day responsibilities of
the affiliation.
, A. Articles of Incorporation
B. Declaration of Condominium
C. By-legal guidelines
D. Rules and Regulations - ANS-C. By-laws
The By-Laws establish the techniques for wearing out the association's obligations and
clarify the everyday responsibilities necessary to perform the responsibilities of the
association.
10. If the governing documents of an affiliation struggle, which of the subsequent is the right
order of priority?
A. By-legal guidelines, Declaration, Articles of Incorporation, Board Rules and Regulations
B. Declaration, Articles of Incorporation, By-laws, Board Rules & rules
C. Articles of Incorporation, Declaration, By-laws, Board Rules and Regulations
D. Declaration, Board-accepted Rules, Articles of Incorporation, By-legal guidelines - ANS-B.
Declaration, Articles of Incorporation, By-legal guidelines, Board Rules & guidelines
All of the files should be consistent with every other. Their order of priority is:
Declaration of Condominium
Articles of Incorporation
By-Laws
Rules and Regulations
11. When we are speakme about amending the documents, which of the subsequent is
accurate?
A. If proviso made and percent stated, then that percentage
B. If no proviso, then one hundred%
C. If proviso made however no percent stated, then 66 2/three%
D. All of the above - ANS-D. All of the above
Each file need to offer for tactics for change. If they do no longer, then they are able to
handiest be made with the approval of all of the proprietors. Usually files offer for the share
of proprietors important to amend the document. If the documents offer for amendment but
do now not nation the proportion necessary then -thirds of the owners should conform to the
amendment.
Summary:
If no proviso for change, then one hundred%
If proviso made however percent now not stated, then sixty six 2/three%
If proviso made and percent said, then that %
12. In a Chapter 720 Homeowners Association, which of the subsequent is required to
amend the governing files?
A. A majority vote of the board of administrators at a regular business meeting
B. A majority vote of all the balloting pursuits inside the association
C. A majority vote by using the Board of Governors at an change assembly
D. Approval of 2/3 of the vote casting interests within the association - ANS-D. Approval of
2/three of the balloting pursuits inside the association
1. Condominium shape of possession is made out of gadgets owned by means of one or
greater individuals and joint possession of ________ proportion inside the not unusual
factors.
A. A percent
B. An undivided
C. A proportional
D. A entire - ANS-B. An undivided
Condominium manner man or woman ownership of a unit coupled with joint ownership of an
undivided percentage of the not unusual elements in addition to mandatory club in the
association.
2. Under the General Corporate Law _______, community institutions have the proper to
shop for, promote or hire actual property. Under the condominium and co-op legal guidelines
_____, condos and coops have the particular authority to gather identify.
A. & 719
B. & 708
C. & 719
D. & 719 - ANS-D. & 719
FS 607 is General Corporate Law, FS 718 is condominiums, and FS 719 is cooperatives.
Three. A person doing the following for remuneration need to have a license.
A. Posts notices for conferences and chairs committee conferences
B. Prepares budgets and economic statements.
C. Supervises protection.
D. All of the above. - ANS-D. All of the above.
A person who provides the subsequent offerings for compensation must be certified via
DBPR
Disburse funds
Prepare budgets and/or financial reviews
Notice or behavior conferences
Coordinate preservation or different everyday services concerning the operation of the
affiliation
four. Application for renewal of a CAM license shall be postmarked through ___________ . If
renewal software is postmarked after ____________ of the renewal yr, the license will be
deemed expired.
A. September 30, September 30
B. October 31, October 31
C. September 30, October 31
D. December 31, January 1 - ANS-C. September 30, October 31
,Renewal programs shall be postmarked on or before September 30 every even yr. If the
renewal utility is postmarked after October 31, that license is deemed expired.
5. Restrictive covenants that run with the land as everlasting restrictions remain in effect until
________.
A. The majority of the proprietors vote otherwise
B. All of the owners agree
C. The developer cancels them
D. The network is terminated - ANS-D. The network is terminated
When you buy, you already know that these covenants exist and will continue to exist for the
life of the apartment or parcel and upon resale, the next proprietor inherits the equal
covenants. This is known as strolling with the land.
6. The Cooperative files should contain all of following besides ________.
A. Documentation of every owner
B. Identification through unit variety/letter
C. Recognition of owner
D. Definition of the grounds rent - ANS-B. Identification through unit number/letter
Under Cooperative law, the co-op documents consist of the Articles of Incorporation and
By-Laws, a definition of the grounds hire, the owner's percentage and membership in the
co-op and name or right to apply 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 - ANS-C. Articles of Incorporation / Declaration
The Articles of Incorporation, additionally known as the Corporate Charter, are the
documents that create the association. The Condominium is established when the developer
statistics the Declaration of Condominium with the county clerk in the county seat of the
county in which the apartment is to be constructed.
Eight. What defines the membership and the balloting rights of the Association?
A. Corporate Charter
B. Declaration of Condominium
C. By-Laws
D. Rules and Regulations - ANS-A. Corporate Charter
The Articles of Incorporation, also known as the Corporate Charter, provide the framework
for the corporation of the affiliation and define its membership and the vote casting rights of
the contributors.
Nine. The ______ set up(es) the processes for sporting out the each day responsibilities of
the affiliation.
, A. Articles of Incorporation
B. Declaration of Condominium
C. By-legal guidelines
D. Rules and Regulations - ANS-C. By-laws
The By-Laws establish the techniques for wearing out the association's obligations and
clarify the everyday responsibilities necessary to perform the responsibilities of the
association.
10. If the governing documents of an affiliation struggle, which of the subsequent is the right
order of priority?
A. By-legal guidelines, Declaration, Articles of Incorporation, Board Rules and Regulations
B. Declaration, Articles of Incorporation, By-laws, Board Rules & rules
C. Articles of Incorporation, Declaration, By-laws, Board Rules and Regulations
D. Declaration, Board-accepted Rules, Articles of Incorporation, By-legal guidelines - ANS-B.
Declaration, Articles of Incorporation, By-legal guidelines, Board Rules & guidelines
All of the files should be consistent with every other. Their order of priority is:
Declaration of Condominium
Articles of Incorporation
By-Laws
Rules and Regulations
11. When we are speakme about amending the documents, which of the subsequent is
accurate?
A. If proviso made and percent stated, then that percentage
B. If no proviso, then one hundred%
C. If proviso made however no percent stated, then 66 2/three%
D. All of the above - ANS-D. All of the above
Each file need to offer for tactics for change. If they do no longer, then they are able to
handiest be made with the approval of all of the proprietors. Usually files offer for the share
of proprietors important to amend the document. If the documents offer for amendment but
do now not nation the proportion necessary then -thirds of the owners should conform to the
amendment.
Summary:
If no proviso for change, then one hundred%
If proviso made however percent now not stated, then sixty six 2/three%
If proviso made and percent said, then that %
12. In a Chapter 720 Homeowners Association, which of the subsequent is required to
amend the governing files?
A. A majority vote of the board of administrators at a regular business meeting
B. A majority vote of all the balloting pursuits inside the association
C. A majority vote by using the Board of Governors at an change assembly
D. Approval of 2/3 of the vote casting interests within the association - ANS-D. Approval of
2/three of the balloting pursuits inside the association
