FL CAM TEST PAPER ANSWERS AND QUESTIONS SET
A+
✔✔When proposing amendments to the documents, a condominium should insert and
underline any new words in the text - ✔✔True
✔✔Florida Statutes prohibit the Florida Catastrophe Fund from reimbursing
associations or individuals for losses caused by flooding - ✔✔True
✔✔A timeshare divides residential property into specific time periods that provides
members with exclusive use rights - ✔✔True
✔✔The developer is exempt from any management responsibilities as long as he
controls the Board - ✔✔False
✔✔Mixed Use Condo - ✔✔contains both residential and non residential units, FS
718.404
✔✔FS 719 - ✔✔Cooperative Act
✔✔FS 720 - ✔✔Mandatory Homeowner's Association
✔✔FS 720.303 - ✔✔HOA Powers and Duties
✔✔What are the governing docs? - ✔✔the Decleration, Articles of Incorporation and
bylaws
✔✔What is included in the Declaration - ✔✔Declaration
plot plan and surveys
floor plans
amendments
Articles of incorporation
,bylaws
any filed rules and regulations
✔✔The board of a condo may not prevent a member from installing hurricane shutters,
impact resistant windows, code complaint doors, or other code compliant hurricane
protection. However they may adapt specifications that standardize them. - ✔✔True
✔✔Material alterations or betterments to the common elements require 75% TVI -
✔✔True
✔✔Pursuant to FS607 and FS 617 what must the Articles of Incorporation Contain? -
✔✔The corporation name
Mailing Address
Purpose
Manner in which the directors will be appointed or elected
✔✔The Heirarchy for enforceability of Laws and Documents is: - ✔✔Federal, State,
Local, Declaration, Articles of Incorporation, ByLaws, Rules and Regulations, Roberts
Rules of Order
✔✔Articles of Incorporation are filed - ✔✔with the Department of State Division of
Corporations
✔✔The bylaws establish - ✔✔the procedures for carrying out responsibility
✔✔FS 617 and FS 607 require every corporate entity to: - ✔✔hold at least one
membership meeting each year, called the annual meeting
✔✔Where must an annual meeting be held - ✔✔at a location identified in the bylaws, or
within 45 miles of the condo property, whichever is closer.
✔✔What is the purpose of the annual meeting? - ✔✔for the members to elect
individuals to the boards or directors. Review the documents of the association that you
manage to determine the additional requirements if any.
✔✔Unless the association docs require longer advance notice, an association of a
condo, coop, or HOA must provide____ ______ _______ _______ days written notice
of its annual meeting? - ✔✔No less than 14 days.
✔✔The meeting notice for either an annual meeting or special meeting must contain: -
✔✔The date and time, place, type ( purpose) if budget, the proposed budget, including
reserve calculations, if special assessment, a detailed breakdown of the assessment,
copies of proposed amendments if any, and a detailed Agenda.
, ✔✔Quorum - ✔✔the minimum number of members of an assembly that must be
present at any of its meetings to make proceedings of that meeting valid. For condos
and Coops must be a majority TVI ( 50% +1) and for HOAS must be 30% TVI
✔✔Unless otherwise stated, a HOA must have a minimum of __ directors, while a
condo or coop must have a minimum of ____ - ✔✔3/5
✔✔Board Member Eligibility - ✔✔Be a natural person
Be 18 or older
Not be convicted of a felony in this state or any other.
✔✔A cooperative cannot prohibit members who are delinquent in assessment from
serving on the board. - ✔✔True
✔✔The required officers of the Board are: - ✔✔President, Secretary, and Treasurer
✔✔A quorum of the board is required for election of officers - ✔✔True
✔✔Officers are elected or appointed by the directors at a board meeting. - ✔✔True
✔✔Most board meetings require a minimum of 48 hours notice, posted in a
conspicuous place on the property, unless the docs require a longer time period. -
✔✔True
✔✔If there is not appropriate place to post a notice, an HOA must deliver or mail a
notice to each member at least ___ days in advance while a condo or coop has ____
days. ( except in an emergency - ✔✔
✔✔Within ____ days after ____% of the total units are conveyed to non-developer
members, the developer must ______________ - ✔✔%/ call a meeting for
election of directors
✔✔The developer must give ______ notice of the meeting and election. - ✔✔60 days
✔✔The developer must provide the association with an audit of the association financial
records within ______ days after the transition meeting. - ✔✔90
✔✔The Condo and Coop Acts establish implied warranties of fitness and marketability
as follows: - ✔✔Units: 3 years warranty commencing with the date of completion of the
building that contains the unit
Non Unit improvements: 3 years commencing with the date of completion of
improvements
A+
✔✔When proposing amendments to the documents, a condominium should insert and
underline any new words in the text - ✔✔True
✔✔Florida Statutes prohibit the Florida Catastrophe Fund from reimbursing
associations or individuals for losses caused by flooding - ✔✔True
✔✔A timeshare divides residential property into specific time periods that provides
members with exclusive use rights - ✔✔True
✔✔The developer is exempt from any management responsibilities as long as he
controls the Board - ✔✔False
✔✔Mixed Use Condo - ✔✔contains both residential and non residential units, FS
718.404
✔✔FS 719 - ✔✔Cooperative Act
✔✔FS 720 - ✔✔Mandatory Homeowner's Association
✔✔FS 720.303 - ✔✔HOA Powers and Duties
✔✔What are the governing docs? - ✔✔the Decleration, Articles of Incorporation and
bylaws
✔✔What is included in the Declaration - ✔✔Declaration
plot plan and surveys
floor plans
amendments
Articles of incorporation
,bylaws
any filed rules and regulations
✔✔The board of a condo may not prevent a member from installing hurricane shutters,
impact resistant windows, code complaint doors, or other code compliant hurricane
protection. However they may adapt specifications that standardize them. - ✔✔True
✔✔Material alterations or betterments to the common elements require 75% TVI -
✔✔True
✔✔Pursuant to FS607 and FS 617 what must the Articles of Incorporation Contain? -
✔✔The corporation name
Mailing Address
Purpose
Manner in which the directors will be appointed or elected
✔✔The Heirarchy for enforceability of Laws and Documents is: - ✔✔Federal, State,
Local, Declaration, Articles of Incorporation, ByLaws, Rules and Regulations, Roberts
Rules of Order
✔✔Articles of Incorporation are filed - ✔✔with the Department of State Division of
Corporations
✔✔The bylaws establish - ✔✔the procedures for carrying out responsibility
✔✔FS 617 and FS 607 require every corporate entity to: - ✔✔hold at least one
membership meeting each year, called the annual meeting
✔✔Where must an annual meeting be held - ✔✔at a location identified in the bylaws, or
within 45 miles of the condo property, whichever is closer.
✔✔What is the purpose of the annual meeting? - ✔✔for the members to elect
individuals to the boards or directors. Review the documents of the association that you
manage to determine the additional requirements if any.
✔✔Unless the association docs require longer advance notice, an association of a
condo, coop, or HOA must provide____ ______ _______ _______ days written notice
of its annual meeting? - ✔✔No less than 14 days.
✔✔The meeting notice for either an annual meeting or special meeting must contain: -
✔✔The date and time, place, type ( purpose) if budget, the proposed budget, including
reserve calculations, if special assessment, a detailed breakdown of the assessment,
copies of proposed amendments if any, and a detailed Agenda.
, ✔✔Quorum - ✔✔the minimum number of members of an assembly that must be
present at any of its meetings to make proceedings of that meeting valid. For condos
and Coops must be a majority TVI ( 50% +1) and for HOAS must be 30% TVI
✔✔Unless otherwise stated, a HOA must have a minimum of __ directors, while a
condo or coop must have a minimum of ____ - ✔✔3/5
✔✔Board Member Eligibility - ✔✔Be a natural person
Be 18 or older
Not be convicted of a felony in this state or any other.
✔✔A cooperative cannot prohibit members who are delinquent in assessment from
serving on the board. - ✔✔True
✔✔The required officers of the Board are: - ✔✔President, Secretary, and Treasurer
✔✔A quorum of the board is required for election of officers - ✔✔True
✔✔Officers are elected or appointed by the directors at a board meeting. - ✔✔True
✔✔Most board meetings require a minimum of 48 hours notice, posted in a
conspicuous place on the property, unless the docs require a longer time period. -
✔✔True
✔✔If there is not appropriate place to post a notice, an HOA must deliver or mail a
notice to each member at least ___ days in advance while a condo or coop has ____
days. ( except in an emergency - ✔✔
✔✔Within ____ days after ____% of the total units are conveyed to non-developer
members, the developer must ______________ - ✔✔%/ call a meeting for
election of directors
✔✔The developer must give ______ notice of the meeting and election. - ✔✔60 days
✔✔The developer must provide the association with an audit of the association financial
records within ______ days after the transition meeting. - ✔✔90
✔✔The Condo and Coop Acts establish implied warranties of fitness and marketability
as follows: - ✔✔Units: 3 years warranty commencing with the date of completion of the
building that contains the unit
Non Unit improvements: 3 years commencing with the date of completion of
improvements
