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FLORIDA CAM LICENSE PRACTICE EXAM
1 | FL COMMUNITY ASSOCIATION
MANAGER 150 QUESTIONS WITH
VERIFIED ANSWERS AND RATIONALES
2026/2027 UPDATE – FLORIDA DBPR
LICENSING EXAM
PART 1: DEFINITIONS AND BASIC CONCEPTS
Question 1
What is the statutory definition of a Community Association in Florida?
A) Any group of homeowners who meet monthly
B) A residential homeowners' association in which membership is a
condition of ownership of a unit, lot, or parcel, and which is authorized
to impose assessments that may become a lien
C) Any organization that manages rental properties
D) A non-profit corporation formed by property developers
Verified Answer: B
Rationale: A Community Association is a residential association in
which membership is mandatory for owners of units or parcels within a
planned development. The association is authorized to impose fees
(assessments) which may become a lien on the property if unpaid. This
definition applies to condominiums, cooperatives, and homeowners'
associations .
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Question 2
Chapter 718 of the Florida Statutes covers which type of community
association?
A) Homeowners' Associations (HOAs)
B) Cooperatives
C) Condominiums
D) Timeshare plans
Verified Answer: C
Rationale: Chapter 718 is the Florida Condominium Act. Chapter 719
covers Cooperatives, Chapter 720 covers Homeowners' Associations,
and Chapter 721 covers Vacation and Timeshare Plans .
Question 3
Chapter 719 of the Florida Statutes covers which type of community
association?
A) Condominiums
B) Cooperatives
C) Homeowners' Associations
D) Mobile home parks
Verified Answer: B
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Rationale: Chapter 719 is the Florida Cooperative Act. It consists of six
parts that mirror the Condominium Act (Chapter 718). The only part
NOT included is the Distressed Condominium Act .
Question 4
Chapter 720 of the Florida Statutes covers which type of community
association?
A) Condominiums
B) Cooperatives
C) Homeowners' Associations (HOAs)
D) Timeshare plans
Verified Answer: C
Rationale: Chapter 720 is the Homeowners' Association Act, which was
created in the year 2000. It governs the operations and governance of
HOAs in Florida .
Question 5
In a cooperative, how is ownership structured?
A) Each owner owns their individual unit in fee simple
B) Title to the real property is vested in the association or corporation,
and individuals own shares of the corporation
C) The developer retains ownership of all units
D) The state owns the property
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Verified Answer: B
Rationale: In a cooperative, title to the real property is vested in the
association or corporation. Individuals own shares in the corporation,
which entitles them to occupy specific units through a proprietary lease.
This differs from condominiums where owners hold fee simple title to
their units .
Question 6
A Shareholder's Certificate in a cooperative gives the owner what right?
A) The right to vote for the board
B) The right to lease the unit, pad, or space
C) The right to attend all meetings
D) The right to sell the property
Verified Answer: B
Rationale: A Shareholder's Certificate indicates an individual's share in
the cooperative corporation. It gives the owner the right to lease the unit,
pad, or space through a proprietary lease agreement signed by both the
corporation and the individual .
Question 7
The Distressed Condominium Relief Act applies to units acquired during
which time period?
A) July 1, 2000 to July 1, 2010
B) July 1, 2010 to July 1, 2018
FLORIDA CAM LICENSE PRACTICE EXAM
1 | FL COMMUNITY ASSOCIATION
MANAGER 150 QUESTIONS WITH
VERIFIED ANSWERS AND RATIONALES
2026/2027 UPDATE – FLORIDA DBPR
LICENSING EXAM
PART 1: DEFINITIONS AND BASIC CONCEPTS
Question 1
What is the statutory definition of a Community Association in Florida?
A) Any group of homeowners who meet monthly
B) A residential homeowners' association in which membership is a
condition of ownership of a unit, lot, or parcel, and which is authorized
to impose assessments that may become a lien
C) Any organization that manages rental properties
D) A non-profit corporation formed by property developers
Verified Answer: B
Rationale: A Community Association is a residential association in
which membership is mandatory for owners of units or parcels within a
planned development. The association is authorized to impose fees
(assessments) which may become a lien on the property if unpaid. This
definition applies to condominiums, cooperatives, and homeowners'
associations .
,2 | Page
Question 2
Chapter 718 of the Florida Statutes covers which type of community
association?
A) Homeowners' Associations (HOAs)
B) Cooperatives
C) Condominiums
D) Timeshare plans
Verified Answer: C
Rationale: Chapter 718 is the Florida Condominium Act. Chapter 719
covers Cooperatives, Chapter 720 covers Homeowners' Associations,
and Chapter 721 covers Vacation and Timeshare Plans .
Question 3
Chapter 719 of the Florida Statutes covers which type of community
association?
A) Condominiums
B) Cooperatives
C) Homeowners' Associations
D) Mobile home parks
Verified Answer: B
,3 | Page
Rationale: Chapter 719 is the Florida Cooperative Act. It consists of six
parts that mirror the Condominium Act (Chapter 718). The only part
NOT included is the Distressed Condominium Act .
Question 4
Chapter 720 of the Florida Statutes covers which type of community
association?
A) Condominiums
B) Cooperatives
C) Homeowners' Associations (HOAs)
D) Timeshare plans
Verified Answer: C
Rationale: Chapter 720 is the Homeowners' Association Act, which was
created in the year 2000. It governs the operations and governance of
HOAs in Florida .
Question 5
In a cooperative, how is ownership structured?
A) Each owner owns their individual unit in fee simple
B) Title to the real property is vested in the association or corporation,
and individuals own shares of the corporation
C) The developer retains ownership of all units
D) The state owns the property
, 4 | Page
Verified Answer: B
Rationale: In a cooperative, title to the real property is vested in the
association or corporation. Individuals own shares in the corporation,
which entitles them to occupy specific units through a proprietary lease.
This differs from condominiums where owners hold fee simple title to
their units .
Question 6
A Shareholder's Certificate in a cooperative gives the owner what right?
A) The right to vote for the board
B) The right to lease the unit, pad, or space
C) The right to attend all meetings
D) The right to sell the property
Verified Answer: B
Rationale: A Shareholder's Certificate indicates an individual's share in
the cooperative corporation. It gives the owner the right to lease the unit,
pad, or space through a proprietary lease agreement signed by both the
corporation and the individual .
Question 7
The Distressed Condominium Relief Act applies to units acquired during
which time period?
A) July 1, 2000 to July 1, 2010
B) July 1, 2010 to July 1, 2018
