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Exam (elaborations)

Community Association Manager Exam With All Correct & 100% Verified Answers|Already Graded A+

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COMMUNITY ASSOCIATION MANAGER EXAM WITH ALL CORRECT & 100% VERIFIED ANSWERS|ALREADY GRADED A+

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COMMUNITY ASSOCIATION MANAGER EXAM WITH ALL
CORRECT & 100% VERIFIED ANSWERS|ALREADY
GRADED A+

CAM ✔Correct Answer-Community Association manager

Manager or management firm ✔Correct Answer-The board by decide to delegate or hire a?

The board may NEVER delegate it's responsibility for __________-__________ or _________
________________. ✔Correct Answer-Decision -making or policy judgements

Community Association Manager (CAM) ✔Correct Answer-Person licensed to provide
management services to a community association.

Community Association Management Business (CAB) ✔Correct Answer-Firm that provides
community association management services.

CAMs/CABs are governed by: ✔Correct Answer-F.S. 455 and 468 (Part VII)
F.A.C. 61-62
F.A.C. 61E-14

CAM ✔Correct Answer-Performs certain practices that require substantial specialized knowledge,
judgement and managerial skill for compensation for a community association.

The manager of a community association must be a licensed CAM if: ✔Correct Answer-The
association or associations served contain more than 10 residential units OR have an annual budget
or budgets in excess of $100,000 (cumulative (add all)to either of these for a manager that services
more than one community)

Practices defined by statute, performed by a CAM/CAB, include: ✔Correct Answer--assist in
providing notice of or conduct a community association meeting
-calculate and prepare certificates of assessment and estoppel certificates
-calculate the votes for a quorum or to approve a proposition or amendment
-collect amounts due to the association before filing a civil action
-complete forms related to the management of a community association that have been created by
statute or by a state agency
-comply with the associations governing documents and the requirements of law as necessary to
perform such practices
-control or disburse finds if a community association
-coordinate maintenance for a residential community association
-coordinate or perform maintenance for real or personal property and other related routine services
involved in the operation of a community association
-determine amounts due to the association
-determine the number of days required for statutory notices
-draft meeting notices and agendas
-draft pre-arbitration demands
-negotiate monetary or performance terms of a contract subject to approval by an association
-prepare budgets or other financial documents for a community association

, -perform other day to day services that are involved with the operation of a community association

Unlicensed practice of law (UPL) ✔Correct Answer-The FL Supreme Court issued an opinion that
certain activities performed by a CAM/CAB may require the use of a community association lawyer
or else may constitute?

Community Association management firm or community association management business (CAB)
✔Correct Answer-A corporation, limited liability company, partnership, trust, association, sole
proprietorship, or other similar organization involved in the business of community association
management to engage in certain practices that require substantial specialized knowledge,
judgement, and managerial skills for compensation.

CAB ✔Correct Answer-Have the same responsibilities as a CAM?

One must have a CAB license if? ✔Correct Answer-The association or associations served contain
more than 10 residential units OR have an annual budget or budgets in excess of $100,000
(cumulative (add all)to either of these for a manager that services more than one community)

CABs must have? ✔Correct Answer-CAMs - or those who work for them to serve Community
Associations must have the license as legally required by FL Statute

CAB must have attests ______ licensed CAM ✔Correct Answer-1

F.S. 468 Part VIII ✔Correct Answer-If there is not at least one licensed CAM in a CAB then the CAB
license is automatically canceled during the period there is no CAM

CAM/CAB ✔Correct Answer-Employed by and works at the discretion of the community
association's board of directors.

Board President ✔Correct Answer-Who a CAM/CAB typically takes direction from in a community

A CAM's specific duties are determined by: ✔Correct Answer--Community Association
-CAB if the CAM works for one
-Both if applicable
-written contractual agreement and/or position description

CAM licensure requirements (FL Law) ✔Correct Answer--be at least 18
-Have a good moral character
-complete a state approved pre-licensure course within 12 months prior to date of examination
-provide electronic fingerprints prior to submitting application to DBPR
-send in complete application form
-successfully complete application and background screening
-take and pass the state exam with 75% or higher

F.A.C. 61E14-1.001 ✔Correct Answer-Includes provisions by the state for applicants who have a
hardship or a disability will trying to become a CAM (ex. Take pre-licensure class online).

Hardships for CAM licensure provisions by DBPR: ✔Correct Answer-- reside more than 70 miles
from the nearest physical location for pre licensure course
-providers in area do not offer a course within the 12 months proceeding a exam

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