Exam 2, Florida CAM Exam - Time
Applications, Florida CAM Exam - Meetings &
Procedures, Florida CAM Exam - Money
Application, Florida CAM License Laws | 238+
Questions and Verified Answers | 100% Correct |
Grade A (2026/2027)
This is a compilation of Florida CAM exam sets, covering topics like legal
compliance, meeting procedures, and financial management. This Key preparation
material include practice exams focusing on Florida statutes (Chapters 718, 719,
720), timing requirements for notices, and money handling procedures, such as
those found on
Description of this Key Exam Preparation Resource & Focus Areas
Practice Exams 1 & 2: Utilize 2024-2025 updated materials to practice, such as
the FL CAM Practice Exam #1.
Time Applications: Focus on strict timelines for notice of meetings, budget adoption,
and election deadlines (e.g., 14-day notice for meetings in many cases).
Meetings & Procedures: Understand quorum requirements, board member voting,
meeting minutes, and unit owner participation rules for condominiums (718) and
homeowners' associations (720).
Money Applications: Study financial reporting requirements, reserve accounts, special
assessments, and fiduciary duty to the association.
Combined License Laws: Review the 238+ Q&A sets that cover Florida statutes
(718, 719, 720, 468) and Administrative Code 61B.
Exam Tips for Success
Read Carefully: Read every question-and-answer choice twice to avoid trick
questions.
Time Management: You have 3 hours for 100 questions (about 1.8 minutes per
question).
, Logic: When unsure, choose the longest, most comprehensive answer.
Focus Areas: Focus on weak spots in statutory knowledge rather than just
memorizing old questions.
Quiz_________________?
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
C.$100,00
D.$125,000 -
Answer
C.
Quiz_________________?
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 -
Answer
B.
Quiz_________________?
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 -
Answer
A.
Quiz_________________?
Appurtenances in a condominium or cooperative include rights of:
A. use and access to all individual units.
B. liens.
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. -
Answer
D.
Quiz_________________?
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. -
Answer
B.
, Quiz_________________?
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. -
Answer
B.
Quiz_________________?
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 -
Answer
A.
Quiz_________________?
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.