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FLORIDA COMMUNITY ASSOCIATION MANAGER PRELICENSURE COURSE EXAM A&B WITH COMPLETE 500 QUESTIONS AND SOLUTIONS LATEST UPDATE JUST RELEASED THIS YEAR

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FLORIDA COMMUNITY ASSOCIATION MANAGER PRELICENSURE COURSE EXAM A&B WITH COMPLETE 500 QUESTIONS AND SOLUTIONS LATEST UPDATE JUST RELEASED THIS YEAR

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Page 1 of 138



FLORIDA COMMUNITY ASSOCIATION MANAGER
PRELICENSURE COURSE EXAM A&B WITH COMPLETE 500
QUESTIONS AND SOLUTIONS LATEST UPDATE JUST
RELEASED THIS YEAR




Question: Any person or firm licensed under Part VIII of Chapter 468, Florida Statutes, is
considered:

A. responsible for management

B. capable of performing community association management services.

C. capable of transferring possessions and ownership of cooperative property. - CORRECT
ANSWER✔✔B.




Question: A homeowners' association where membership in the association is mandatory for
all owners and the association has a lien right which is not a condominium or cooperative is
regulated by provisions of which Florida statute?

A. 648, F.S.

B. 720, F.S.

C. 721, F.S.

D 735, F.S. - CORRECT ANSWER✔✔B.

, Page 2 of 138


Question: A board member of a condominium or cooperative association may not accept
anything of value providing goods or services to the association for his/her benefit or the
benefit of his/her family except:

A. for items received at trade fairs or educational programs

B. when fully disclosed to all of the other board members.

C. when received from a vendor who is also a relative.

D. when the item received has a value of less than $500.00 - CORRECT ANSWER✔✔A.




Question: The document that created an elaborate set of convenants and restrictions that
establish basic rights and responsibilities of homeowners' assocaition members, residents and
guests is the:

A. Charter

B. Bylaws.

C. Articles.

D. Declaration. - CORRECT ANSWER✔✔D.




Question: After purchasing the mobile home park, the residents form a community association
and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the
budget of the association exceeds:

A.$50,000

B.$75,000

, Page 3 of 138


C.$100,00

D.$125,000 - CORRECT ANSWER✔✔C.




Question: A type of joint ownership of real estate where legal title is not vested in the
individual, but the individual receives the right to occupy a unit, is a:

A. mobile home.

B. cooperative

C. mandatory homeowners' association.

D. condominium - CORRECT ANSWER✔✔B.




Question: The type of community association that permits individual units to be owned and
occupied by different people during the year is a:

A.time-share property.

B.cooperative.

C.phase condominium

D.townhouse - CORRECT ANSWER✔✔A.




Question: Appurtenances in a condominium or cooperative include rights of:

A. use and access to all individual units.

B. liens.

, Page 4 of 138


C. the association's records.

D. the use of and access to all easements, membership in the association, and assigned
percentage of ownership in the common areas and any club membership rights. - CORRECT
ANSWER✔✔D.




Question: Florida's Condominium Act and the Not-For-Profit Act require which document to
establish procedures for carrying out the day-to-day operations of the association?

A. Charter

B. Bylaws.

C. Declaration.

D. Articles. - CORRECT ANSWER✔✔B.




Question: The Condominium Act specifies that which of the following are reserved for exclusive
use of certain owners?

A. Common ares.

B. Limited common elements.

C. Recreation areas.

D. Elevators - CORRECT ANSWER✔✔B.

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