Florida Cam Exam
25% of the members have petitioned its cooperative board for an audit instead of a
compilation, when the past years annual revenue have been $250,000. The association
need to keep a club assembly inside 30 days after receiving the petition to vote on this issue.
- ANS-True
A ballot is disqualified if: - ANS-the outer envelope is not signed
the outer envelope does not become aware of the unit or parcel
the ballot has no longer been enclosed in an envelope
more than the quantity of candidates have been voted for on the poll
IT cannot be decided who the vote turned into for
the internal envelope incorporates more than 1 ballot
a committee that confirms a rejects a quality or suspension of member's rights have to
provide no less than _____ days note of meetings to alleged violators. - ANS-14
A committee that confirms or rejects a excellent or suspension of member rights ought to
offer no much less than_______ notice of assembly to alleged violators - ANS-14 days
observe.
A Community Association is generally defined as actual or non-public property, owned via or
extra entities, which share the duty for the expenses of renovation and management -
ANS-True
A network association may additionally reimburse an officer or director for real charges
incurred in carrying out his or her responsibilities, consisting of academic courses to improve
information and abilities. - ANS-True
A condominium of ______ or fewer devices or a coop of any length can _______ ________
of balloting techniques - ANS-10 / decide out
A condominium or coop is required to provide an audit at turnover. - ANS-True
A condo or cooperative should collect exams no much less regularly than - ANS-quarterly
A apartment may droop the vote casting rights of a member that owes more than $1,000 of
any price, nice, or other 28 mandatory obligation this is greater than ninety days antisocial.
The apartment have to offer proof of the quantity 29 owed to the unit proprietor 30 days
before such suspension takes effect. - ANS-True
A cooperative can not limit members who're antisocial in evaluation from serving at the
board. - ANS-True
,A cooperative or HOA may additionally suspend the vote casting rights of a unit or member
because of nonpayment of any monetary 26 obligation due to the association, that is more
than ninety days antisocial. - ANS-True
A coopoerative or HOA might also droop the voting rights of a member because of non fee
of any economic duty because of the affiliation that is more than 90 days delinquent. -
ANS-True
A copy of the maximum current annual financial file, or a notice of the maximum current
annual financial file should be mailed or hand delivered to the unit proprietor, with out fee,
inside _____ enterprise days after receipt of written observe from the memeber - ANS-5
A developer can also/ won't price a fee for the preliminary set of documents? - ANS-may not
A developer have to upload all phases to a apartment with ____ years after the recording of
the __________ ____ _________ which submitted the initial segment to condo possession,
except an modification extending that length is properly approved by way of the owners
inside the closing _____ years of the _____ year period. - ANS-7/ Declaration of
Condominium/three/7
A homeowner may suspend vote casting rights if a member is greater than 90 days overdue
in paying an evaluation or other economic amount - ANS-True
A majority of a quorum has authority to act for the total board on all subjects unless a
specific extra wide variety is needed. - ANS-True
A member denied get entry to to official facts is entitled to actual damages or minimum
damages of $____ in line with ______ as much as ________ days - ANS-50/day/10
A mobile home park owner must pay ______ for every lot to be used in his mobile domestic
park whilst forming the cellular home park: - ANS-$10, minimal of $one hundred
A newly appointed director has :__________ _________ to study the association assertion,
articles of incorporation bylaws, rules & regulations and written rules. - ANS-90 days
A person who manages devices for one or greater owners inside one or extra community
associations isn't required to be a CAM. - ANS-True
A pool longer than 50 ft must have __________shepherds hooks and at the least
______lifesaving ring on each of the longer aspects. - ANS-more than one / 1
A pool that serves no greater than _______ rental or coop devices that aren't operated as
public lodging is __________. - ANS-32/ exempt
A proxy in a apartment association is legitimate for a length of up to ninety days after the
date of the first assembly for which it become given. - ANS-True
, A quorum excludes members whose balloting rights had been suspended by way of the
board from the TVI and the quorum - ANS-True
A quorum of the board is needed for election of officials - ANS-True
A reserve agenda must encompass: - ANS-listing of all deferred upkeep and capital
expenditure reserve objects,
est. Ultimate useful lifestyles of each item
est. Value of deferred maintenance and capital system substitute for each object,
est fund balance for each item on the end of the contemporary fiscal yr
required funding amount for every budget yr for each object.
A special assembly of the HOA ought to be held whilst called by way of the board or with the
aid of at least _____ TVI. - ANS-10%
A timeshare divides residential belongings into precise time durations that gives contributors
with distinctive use rights - ANS-True
A valid Declaration of Condominium should contain easements for ingress and egress to all
devices and the not unusual elements - ANS-True
A volunteer director who isn't compensated for his obligations as a director want not have a
CAM license - ANS-True
A windstorm self coverage pool need to consist of three or extra associations, all of which
need to be residential, with now not less than 50 devices. - ANS-True
According to component v of the cooperative act, what employer is precise to implement and
ensure compliance with provisions of the Cooperative Act - ANS-The DBPR
According to Part V of the Cooperative act, what company is detailed to enforce and make
certain compliance with provisions of the cooperative act? - ANS-Department of Business
and Professional Regulations
Additional appurtenances for participants in all network institutions consist of - ANS-Sharing
in possession of not unusual elements and any commonplace surplus
rights to apply commonplace factors
rights to reserve common factors, as determined by way of the affiliation doctors and rules
membership club rights and different rights can be mounted in the affiliation docs
get admission to to any available certified satellite, cable or communications provider
the right to peaceably collect, consisting of the proper to use common regions according with
association doctors
the right to vote.
All affiliation money is for the benefit of the member, now not to create surplus or reinvest. -
ANS-True
All Associations are agencies, now not for income. - ANS-True
25% of the members have petitioned its cooperative board for an audit instead of a
compilation, when the past years annual revenue have been $250,000. The association
need to keep a club assembly inside 30 days after receiving the petition to vote on this issue.
- ANS-True
A ballot is disqualified if: - ANS-the outer envelope is not signed
the outer envelope does not become aware of the unit or parcel
the ballot has no longer been enclosed in an envelope
more than the quantity of candidates have been voted for on the poll
IT cannot be decided who the vote turned into for
the internal envelope incorporates more than 1 ballot
a committee that confirms a rejects a quality or suspension of member's rights have to
provide no less than _____ days note of meetings to alleged violators. - ANS-14
A committee that confirms or rejects a excellent or suspension of member rights ought to
offer no much less than_______ notice of assembly to alleged violators - ANS-14 days
observe.
A Community Association is generally defined as actual or non-public property, owned via or
extra entities, which share the duty for the expenses of renovation and management -
ANS-True
A network association may additionally reimburse an officer or director for real charges
incurred in carrying out his or her responsibilities, consisting of academic courses to improve
information and abilities. - ANS-True
A condominium of ______ or fewer devices or a coop of any length can _______ ________
of balloting techniques - ANS-10 / decide out
A condominium or coop is required to provide an audit at turnover. - ANS-True
A condo or cooperative should collect exams no much less regularly than - ANS-quarterly
A apartment may droop the vote casting rights of a member that owes more than $1,000 of
any price, nice, or other 28 mandatory obligation this is greater than ninety days antisocial.
The apartment have to offer proof of the quantity 29 owed to the unit proprietor 30 days
before such suspension takes effect. - ANS-True
A cooperative can not limit members who're antisocial in evaluation from serving at the
board. - ANS-True
,A cooperative or HOA may additionally suspend the vote casting rights of a unit or member
because of nonpayment of any monetary 26 obligation due to the association, that is more
than ninety days antisocial. - ANS-True
A coopoerative or HOA might also droop the voting rights of a member because of non fee
of any economic duty because of the affiliation that is more than 90 days delinquent. -
ANS-True
A copy of the maximum current annual financial file, or a notice of the maximum current
annual financial file should be mailed or hand delivered to the unit proprietor, with out fee,
inside _____ enterprise days after receipt of written observe from the memeber - ANS-5
A developer can also/ won't price a fee for the preliminary set of documents? - ANS-may not
A developer have to upload all phases to a apartment with ____ years after the recording of
the __________ ____ _________ which submitted the initial segment to condo possession,
except an modification extending that length is properly approved by way of the owners
inside the closing _____ years of the _____ year period. - ANS-7/ Declaration of
Condominium/three/7
A homeowner may suspend vote casting rights if a member is greater than 90 days overdue
in paying an evaluation or other economic amount - ANS-True
A majority of a quorum has authority to act for the total board on all subjects unless a
specific extra wide variety is needed. - ANS-True
A member denied get entry to to official facts is entitled to actual damages or minimum
damages of $____ in line with ______ as much as ________ days - ANS-50/day/10
A mobile home park owner must pay ______ for every lot to be used in his mobile domestic
park whilst forming the cellular home park: - ANS-$10, minimal of $one hundred
A newly appointed director has :__________ _________ to study the association assertion,
articles of incorporation bylaws, rules & regulations and written rules. - ANS-90 days
A person who manages devices for one or greater owners inside one or extra community
associations isn't required to be a CAM. - ANS-True
A pool longer than 50 ft must have __________shepherds hooks and at the least
______lifesaving ring on each of the longer aspects. - ANS-more than one / 1
A pool that serves no greater than _______ rental or coop devices that aren't operated as
public lodging is __________. - ANS-32/ exempt
A proxy in a apartment association is legitimate for a length of up to ninety days after the
date of the first assembly for which it become given. - ANS-True
, A quorum excludes members whose balloting rights had been suspended by way of the
board from the TVI and the quorum - ANS-True
A quorum of the board is needed for election of officials - ANS-True
A reserve agenda must encompass: - ANS-listing of all deferred upkeep and capital
expenditure reserve objects,
est. Ultimate useful lifestyles of each item
est. Value of deferred maintenance and capital system substitute for each object,
est fund balance for each item on the end of the contemporary fiscal yr
required funding amount for every budget yr for each object.
A special assembly of the HOA ought to be held whilst called by way of the board or with the
aid of at least _____ TVI. - ANS-10%
A timeshare divides residential belongings into precise time durations that gives contributors
with distinctive use rights - ANS-True
A valid Declaration of Condominium should contain easements for ingress and egress to all
devices and the not unusual elements - ANS-True
A volunteer director who isn't compensated for his obligations as a director want not have a
CAM license - ANS-True
A windstorm self coverage pool need to consist of three or extra associations, all of which
need to be residential, with now not less than 50 devices. - ANS-True
According to component v of the cooperative act, what employer is precise to implement and
ensure compliance with provisions of the Cooperative Act - ANS-The DBPR
According to Part V of the Cooperative act, what company is detailed to enforce and make
certain compliance with provisions of the cooperative act? - ANS-Department of Business
and Professional Regulations
Additional appurtenances for participants in all network institutions consist of - ANS-Sharing
in possession of not unusual elements and any commonplace surplus
rights to apply commonplace factors
rights to reserve common factors, as determined by way of the affiliation doctors and rules
membership club rights and different rights can be mounted in the affiliation docs
get admission to to any available certified satellite, cable or communications provider
the right to peaceably collect, consisting of the proper to use common regions according with
association doctors
the right to vote.
All affiliation money is for the benefit of the member, now not to create surplus or reinvest. -
ANS-True
All Associations are agencies, now not for income. - ANS-True
