Florida Cam prep Exam Questions
Question:
Cooperatives
Answer:
Joint ownership of a real estate where an individuals purchased shares of
stock in a corporation.
Question:
Condominium is created when the declaration of convenience is recorded in the
Answer:
Public
records of the county where the property is located.
Question:
Timeshare
Answer:
Community permits individual units to be owned and occupied for fixed period
for less than a year.
Question:
Chapter 617, F.S. Florida not for Profit Act
Answer:
Florida Statute majority homeowners
association is organized under.
, Question:
Declaration
Answer:
established the formal regulations for all the property including the basic right
and responsibility of each owner, resident, member, and guest.
Question:
Bylaws
Answer:
Establishes the procedures for carrying out the responsibilities of the
association
and governs the actual operation of the association.
Question:
Division of FLorida Land Sales, Condominiums, and Mobile Homes
Answer:
Designated to
enforced and ensure compliance with provision of the cooperative Act according to
Part V of the
Question:
Corporative Act
January 1 of each year
Answer:
Annual fee must be paid to the Division of Florida Land Sales,
Question:
Cooperatives
Answer:
Joint ownership of a real estate where an individuals purchased shares of
stock in a corporation.
Question:
Condominium is created when the declaration of convenience is recorded in the
Answer:
Public
records of the county where the property is located.
Question:
Timeshare
Answer:
Community permits individual units to be owned and occupied for fixed period
for less than a year.
Question:
Chapter 617, F.S. Florida not for Profit Act
Answer:
Florida Statute majority homeowners
association is organized under.
, Question:
Declaration
Answer:
established the formal regulations for all the property including the basic right
and responsibility of each owner, resident, member, and guest.
Question:
Bylaws
Answer:
Establishes the procedures for carrying out the responsibilities of the
association
and governs the actual operation of the association.
Question:
Division of FLorida Land Sales, Condominiums, and Mobile Homes
Answer:
Designated to
enforced and ensure compliance with provision of the cooperative Act according to
Part V of the
Question:
Corporative Act
January 1 of each year
Answer:
Annual fee must be paid to the Division of Florida Land Sales,
