Florida CAM Multiple Choice Q&A Exam questions and answers 2024(graded A+)

water must be maintained at: 7.2-7.8 A person who manages a rental apartment complex _____ a Community Association Manager's License. May, but is not required, to have. Condominium & Cooperative Associations pay an annual fee of $____ per residential unit, per ____, to the DFCTSMH Trust Fund. $4.00/year Toca Chica Cooperative, with 35 units, has joined with Levitz Office Condominium, to form a self-insurance pool for windstorm insurance. Levitz has 10 office units. A windstorm self-insurance pool must include 3 or more associations, all of which must be residential, with not less than 50 units. Bob Jones is the president of the Flagler Mandelion Condominium. Flagler Mandelion has 42 units and a budget of $79,000. The association recently approved a budget, effective in 1 month, for $109,000 per year. Bob has recommended that the board terminate the management company, to which the association pays $1,000 a month, and hire him instead at $500 per month. Bob just completed the CAM Pre-Licensure course. This is lawful only if Bob is licensed as a CAM on or prior to starting his management position, and the documents permit directors and officers to receive compensation. The Palm Air HOA governing documents permit voting in elections for the board of directors by secret ballot, for members who are not in attendance at the annual meeting. In order to do so, the member must: Place an election ballot in an inner envelope , and place the inner envelope in an outer envelope, which the member signs. The purpose of Regulatory Council of Community Association Managers is to: Provide licensure exam and continuing education requirements for CAMs. Maritza Plaza Condominium has appointed John Smith, a volunteer director, as the community member liaison to its management company. A volunteer director who is not compensated for his duties as a director need not have a CAM license. Prospective members must receive certain information from an HOA when purchasing a new unit, including: Community association disclosures. Juan Appel, an ambitious young man, works for the Ombudsman's office. He recently was elected Chair of the Ozark Republican Party. An employee of the ombudsman's office may not serve as an office in a local, state or national, political party. Components of a collection policy should not include: Court charges for filing of liens. "At will" means: An employee who may be dismissed at any time for any non-discriminatory reasons, with or without cause. Pest Control operators and companies are governed by: F.S. 482 The Ombudsman duties include but are not limited to the following: Encourage and facilitate voluntary meetings with and between members, directors, managers, and other affected parties of condominiums. Community association management companies must file for company licensure: Once every two years of October 1st of odd numbered years. HOAs must: File for arbitration with DBPR when member contest election or recalls. Pursuant to F.S. 720, an HOA has all but the following powers in an emergency declared by the governor. Contract, on behalf of a member for items or services for which the member is individually responsible. A reason stated in F.S. 718 that condominium members may vote to terminate the association include: Cost to make necessary repairs so that the property meets code is too high. The Scarlet Zabala Condominium wants to hire a paid manager. If there are more than ____ units, or the budget exceeds $____, then the manager must be licensed through the DBPR as a Community Association Manager. 10: $100,000 Balasquie Acres Condominium, with 474 units, employes a maintenance director, Mike Rugminom, who reports directly to the president. Mike oversees 2 maintenance employees, the janitorial staff, and supervises all maintenance contractors for the association. Balasquide Acres has a CAM, Melissa Perez, who directs management and operations. Mike must be licensed as a Community Association Manager. You are the manager of the Ochoa Horizons Cooperative, which is about to go through a major renovation project. The board has asked you to handle the project, including preparing the construction contract, and filing any notices provided for in Chapter 713,. F.S. (Liens). Depending upon the extent of the request, these activities may constitute the unauthorized practice of the law.