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Exam (elaborations)

Community Association Manager (CAM) Examination Questions And Correct Answers (Verified Answers) Plus Rationales 2026 Q&A Instant Download Pdf

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Community Association Manager (CAM) Examination Questions And Correct Answers (Verified Answers) Plus Rationales 2026 Q&A Instant Download Pdf

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Community Association Manager (CAM)
Examination Questions And Correct
Answers (Verified Answers) Plus
Rationales 2026 Q&A Instant Download
Pdf
Question 1
In which year was the Georgia Real Estate Commission (GREC) created, and for
what primary purpose?
A) 1975 – To regulate property tax assessments
B) 1925 – To protect the public from harmful acts of real estate brokers
C) 1996 – To establish the CAM license
D) 1980 – To enforce the Fair Housing Act
Answer: B. The license law was enacted in 1925, and the GREC was created to
protect the public from harmful acts of real estate brokers. This foundational
knowledge is essential for understanding the regulatory framework governing
community association management .


Question 2
How many members serve on the Georgia Real Estate Commission (GREC), and
what is the requirement regarding real estate licensure?
A) 5 members, all must be licensed real estate brokers
B) 6 members, one of whom is not real estate licensed (a public member)

,C) 7 members, all must be licensed community association managers
D) 4 members, no license requirement
Answer: B. GREC holds 6 members, 1 of which is not real estate licensed (a public
member). This composition ensures both industry expertise and public
representation in regulatory decisions .


Question 3
Which of the following is NOT an authority granted to the Georgia Real Estate
Commission (GREC)?
A) Issue or deny real estate licenses
B) Set commission rates for real estate transactions
C) Promulgate rules and regulations
D) Discipline licensees for violations
Answer: B. GREC does not have the authority to set commission rates for real
estate transactions. Commission rates are determined by the market and
brokerage agreements, not by the regulatory commission. GREC's authority
includes issuing licenses, promulgating rules, and disciplining licensees .


Question 4
What is the minimum age requirement to obtain a Community Association
Manager (CAM) license in Georgia?
A) 16 years old
B) 18 years old
C) 21 years old
D) 25 years old
Answer: B. Applicants must be at least 18 years old to obtain a CAM license in
Georgia. This requirement ensures that licensees have reached the age of
majority and can enter into legally binding contracts .

,Question 5
What is the educational requirement for obtaining a CAM license in Georgia?
A) Associate's degree
B) Bachelor's degree in business
C) High school diploma or equivalent
D) No formal education required
Answer: C. A high school diploma or equivalent is required. This ensures that
licensees possess basic educational competency to understand and apply
community association management principles .


Question 6
How many instructional hours of pre-license education are required to become a
CAM in Georgia?
A) 75 hours
B) 60 hours
C) 25 hours
D) 40 hours
Answer: C. A 25-hour commission-approved course is required for the CAM
license. This specialized education covers community association governance,
financial management, legal compliance, and operational best practices .


Question 7
After passing the CAM licensing exam, how long does an applicant have to submit
an application to GREC?
A) 30 days
B) 6 months

, C) 12 months
D) 24 months
Answer: C. After passing, you must submit your application to GREC within 12
months and pay applicable licensing fees. Failure to apply within this timeframe
may require retaking the examination .


Question 8
Which of the following best defines a "community association" in Georgia?
A) An organization in which common area property is owned or managed by an
association with mandatory membership as an incident of ownership
B) Any group of homeowners who meet monthly
C) A for-profit corporation managing rental properties
D) A government agency overseeing housing
Answer: A. A community association is an organization in which common area
property is owned or managed by an association in which membership is
mandatory as an incident of ownership within the community. This definition
distinguishes community associations from voluntary organizations .


Question 9
Who is considered a "licensee" under Georgia real estate law?
A) A salesperson, associate broker, broker, or community association manager
B) Only a broker
C) Only a salesperson
D) Anyone who owns rental property
Answer: A. A licensee is defined as a salesperson, associate broker, broker, or
community association manager. This broad definition encompasses all
individuals who must be licensed to perform real estate-related services .

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