• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 1 out of 3 pages
Exam (elaborations)

Community Association Manager (CAM) with questions and well verified answers actual exam!!! 2026

Document preview thumbnail
Preview 1 out of 3 pages

Community Association Manager (CAM) with questions and well verified answers actual exam!!! 2026

Content preview

Community Association Manager
(CAM) with questions and well verified
answers actual exam!!! 2026




What is a Community Association Manager (CAM)? - ANSWER -A CAM performs
practices requiring specialized knowledge, judgment, and managerial skill for compensation in
a community association.



What must a community association do if it has more than 10 residential units or an annual
budget over $100,000? - ANSWER -The manager must be a licensed Community
Association Manager (CAM).



If a community association has 11 units and a budget of $34,000, does it require a licensed
CAM? - ANSWER -Yes, because it has more than 10 units



What is the designation for a firm providing community association management services? -
ANSWER -Community Association Management Business (CAB) or firm.



Under which Florida statutes are CAMs and CABs governed? - ANSWER -F.S. 455 and
468, Part VIII, F.A.C. 61-20, and F.A.C. 61E-14.



Can the board of a community association delegate its decision-making responsibilities? -
ANSWER -No, the board may never delegate its responsibility for decision-making or
policy judgments.



What is the minimum number of residential units that requires a licensed CAM? -
ANSWER -More than 10 residential units.

Document information

Uploaded on
May 8, 2026
Number of pages
3
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
R407,39

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Sold
5
Followers
0
Items
826
Last sold
1 month ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions