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Examen

FLORIDA PRACTICE CAM EXAM 1 Questions with Answers (100% Correct Answers)

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FLORIDA PRACTICE CAM EXAM 1 Questions with Answers (100% Correct Answers)

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Subido en
12 de noviembre de 2025
Número de páginas
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Escrito en
2025/2026
Tipo
Examen
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1


FLORIDA PRACTICE CAM EXAM 1 Questions with
Answers (100% Correct Answers)

The language in the Declaration of Condominium that creates a

commitment, restriction, or contract between the association and the

unit owners is called— Answer: Covenants

Under Chapter 718.1255, those eligible to petition for arbitration are:—

Answer: An owner of a condominium unit

Tom Tucker decides he can manage his association better than the

management company and at significantly less cost. The board of

directors of the 25 homes comprising the Too Cheap Homeowners'

Association decides to hire him and pay him 10% of the $110,000

budget. Which applies?— Answer: Tom Tucker must have a license

pursuant to Chapter 468, Florida Statutes.

Safety Harbor Condominium wants to charge non-resident guests a $5

pool pass, valid for one week. Which applies?— Answer: As long as a

non-resident guest fee is authorized in the governing documents, the

charge is legal.




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,2

A 14-day notice of a membership meeting of Valley Crest

Condominium was given for the specific purpose of amending the

Bylaws. A copy of the proposed changes was attached to the notice.

During the meeting, motions were made and seconded that changed

the wording of the amendments, a vote was taken, and the changed

amendments were approved by 83% of the membership. Which

applies?— Answer: The vote is invalid. Another meeting must be

properly noticed with the new changes attached.

Joe Blow, an owner at the Windy Hill Condominiums, resides there

only three months out of the year. He has given the condominium

board proper notice that he intends to run for a position on the board.

The board has refused to place his name on the ballot. Which

applies?— Answer: The statutes require the board to place on the

ballot the name of any eligible person.

The board of directors of Lazy Days Condominium hired a licensed

manager. Which of the following applies?— Answer: The licensed

manager may carry out most of the duties of the board.

Sea Tern Condominium will be replacing the air conditioning units on

the roof at the clubhouse which will cost more than $10,000. The


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, 3

condominium has a line item on its Reserve Schedule for air

conditioning replacement. Which applies?— Answer: The replacement

will be paid from the reserve account. If the reserve account is

insufficient, a special assessment will be necessary.

Sam and Barbara Smith are joint owners of a unit at the Pine Meadows

Condominium. They submit a Voting Certificate to the association

secretary naming Sam Smith as the designated voter for the unit.

Which statement is incorrect?— Answer: Barbara Smith may vote only

if her husband is not present at the meeting.

The Condominium Act requires who to pay for the licensed manager's

fidelity bond premium?— Answer: The association pays the premium

for the licensed manager's fidelity bond.

Upon approval by the membership of an Amendment to the

Declaration of Condominium, what other action, if any, must be

taken?— Answer: A proper Certificate of Amendment must be

recorded with the Clerk of the Circuit Court in the county where the

condominium property is located.




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