FLORIDA CAM LICENSE EXAM | NEWEST
ACTUAL EXAM COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS
GRADED A+ | 100% PASS | 2025 UPDATE!
If the declaration of Condo or Coop docs do not specify a procedure,
the default procedure for alterations or betterment requires 75% TVI to
approve alterations or additions to common elements - ✔✔✔ Correct
Answer > True
Members in a community Association have a_____________ to
_________, __________, and _________ the property in accordance
with the __________, and requirements of the __________,
____________. - ✔✔✔ Correct Answer > responsibility, occupy, use,
maintain, statutes, legal documents.
The DBPR has ___ days to notify the mobile home park owner of any
deficiencies in the prospectus - ✔✔✔ Correct Answer > 45
Who regulates Community Associations? - ✔✔✔ Correct Answer >
the Dbpr through the Division of Condo's timshares, and mobile homes
( DFCTSMH)
,Legal structure of the community association - ✔✔✔ Correct Answer
> Each community has a different legal structure, is governed by a
different structure, and has documents that are specific to that
community association.
How Much notice is required for a meeting where the board will be
elected? - ✔✔✔ Correct Answer > 60 Days
Condos: A developer is entitled to elect or appoint at least one director
, provided that the developer meets any of the following Requirements:
- ✔✔✔ Correct Answer > Less than 500 Units and the developer
owns 5% of the units
More than 500 Units and the developer owns 2% of the units
HOAS: the Developer is entitled to elect at least one director, provided
that the developer holds for sale at least: - ✔✔✔ Correct Answer >
5% of the parcels in all phases of the community
Bulk Assignee - ✔✔✔ Correct Answer > Buyer who acquires more
than seven parcels in a single condominium after July 12010 and prior
to July 1, 2018 and receives assignment of some or all the rights of the
developer by a written document in the county records.
,Must a condo or coop include fully funded reserves in the proposed
budget - ✔✔✔ Correct Answer > Yes, unless they have been voted to
waive
Condo Member Insurance Coverage requires that each member shall
insure what in his or her own unit? - ✔✔✔ Correct Answer > Floor,
wall and ceiling covering
appliances and electrical fixtures
built in cabinets and counter tops
water heaters and water filters
window treatments
An HO-6 Covers: - ✔✔✔ Correct Answer > a member in a condo or
coop
an HO-3 covers: - ✔✔✔ Correct Answer > A member in a HOA
Three Primary objectives of a Community Association are: - ✔✔✔
Correct Answer > Preserve Protect and enhance the value of the
community
Enhance the lifestyle of the community
provide a harmonious community
, Requirements for a Community association - ✔✔✔ Correct Answer >
Membership is mandatory
Members have the right to vote
An unpaid assessment can become a lien on a members property
Limited common property: - ✔✔✔ Correct Answer > Common
property limited to use by one or more but not all members.
Appurtenances are: - ✔✔✔ Correct Answer > Accessory rights that
are inherent to a member of the association.
Who decides what type of community it will be? - ✔✔✔ Correct
Answer > The Developer
Florida statute requires that the assocaition be organized as a
corporation, granting what powers? - ✔✔✔ Correct Answer >
Budgeted for the maintenance and operation of the property,
association and assets;
Collecting the necessary funds to carry out duties
Entering into contract, hiring employees and taking other measures as
needed to meet objectives.
All Associations are corporations, not for profit. - ✔✔✔ Correct
Answer > True
ACTUAL EXAM COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS
GRADED A+ | 100% PASS | 2025 UPDATE!
If the declaration of Condo or Coop docs do not specify a procedure,
the default procedure for alterations or betterment requires 75% TVI to
approve alterations or additions to common elements - ✔✔✔ Correct
Answer > True
Members in a community Association have a_____________ to
_________, __________, and _________ the property in accordance
with the __________, and requirements of the __________,
____________. - ✔✔✔ Correct Answer > responsibility, occupy, use,
maintain, statutes, legal documents.
The DBPR has ___ days to notify the mobile home park owner of any
deficiencies in the prospectus - ✔✔✔ Correct Answer > 45
Who regulates Community Associations? - ✔✔✔ Correct Answer >
the Dbpr through the Division of Condo's timshares, and mobile homes
( DFCTSMH)
,Legal structure of the community association - ✔✔✔ Correct Answer
> Each community has a different legal structure, is governed by a
different structure, and has documents that are specific to that
community association.
How Much notice is required for a meeting where the board will be
elected? - ✔✔✔ Correct Answer > 60 Days
Condos: A developer is entitled to elect or appoint at least one director
, provided that the developer meets any of the following Requirements:
- ✔✔✔ Correct Answer > Less than 500 Units and the developer
owns 5% of the units
More than 500 Units and the developer owns 2% of the units
HOAS: the Developer is entitled to elect at least one director, provided
that the developer holds for sale at least: - ✔✔✔ Correct Answer >
5% of the parcels in all phases of the community
Bulk Assignee - ✔✔✔ Correct Answer > Buyer who acquires more
than seven parcels in a single condominium after July 12010 and prior
to July 1, 2018 and receives assignment of some or all the rights of the
developer by a written document in the county records.
,Must a condo or coop include fully funded reserves in the proposed
budget - ✔✔✔ Correct Answer > Yes, unless they have been voted to
waive
Condo Member Insurance Coverage requires that each member shall
insure what in his or her own unit? - ✔✔✔ Correct Answer > Floor,
wall and ceiling covering
appliances and electrical fixtures
built in cabinets and counter tops
water heaters and water filters
window treatments
An HO-6 Covers: - ✔✔✔ Correct Answer > a member in a condo or
coop
an HO-3 covers: - ✔✔✔ Correct Answer > A member in a HOA
Three Primary objectives of a Community Association are: - ✔✔✔
Correct Answer > Preserve Protect and enhance the value of the
community
Enhance the lifestyle of the community
provide a harmonious community
, Requirements for a Community association - ✔✔✔ Correct Answer >
Membership is mandatory
Members have the right to vote
An unpaid assessment can become a lien on a members property
Limited common property: - ✔✔✔ Correct Answer > Common
property limited to use by one or more but not all members.
Appurtenances are: - ✔✔✔ Correct Answer > Accessory rights that
are inherent to a member of the association.
Who decides what type of community it will be? - ✔✔✔ Correct
Answer > The Developer
Florida statute requires that the assocaition be organized as a
corporation, granting what powers? - ✔✔✔ Correct Answer >
Budgeted for the maintenance and operation of the property,
association and assets;
Collecting the necessary funds to carry out duties
Entering into contract, hiring employees and taking other measures as
needed to meet objectives.
All Associations are corporations, not for profit. - ✔✔✔ Correct
Answer > True
