SOLUTIONS GRADED A+
◉ The purpose of Regulatory Council of Community Association
Managers is to. Answer: Provide licensure exam and continuing
education requirements for CAMS
◉ A volunteer director who is not compensated for his duties as a
director need not have a CAM license. Answer: True
◉ Prospective members must receive certain information from an
HOA when purchasing a new unit, including Community Association
Disclosures. Answer: True
◉ An employee of the ombudsman's office may not serve as an
officer in a local, state, or national political party. Answer: True
◉ Components of a collection policy should not include court
charges for filing of liens. Answer: True
◉ At will means. Answer: an employee who may be dismissed at any
time for any non-discriminatory reasons, with or without cause
.
,◉ FS 482. Answer: governs pest control companies and operators
◉ The Ombudsman duties include but are not limited to. Answer:
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 insurance. Answer: Once very two years on October 1st of
odd numbered years.
◉ HOA's must file for arbitration with DBPR when members contest
elections of recalls. Answer: True
◉ Pursuant to FS 720, an HOA has all the following powers in an
emergency declared by the governer:. Answer: to cancel and
reschedule an association meeting
to designate assistant officers who are not directors
to relocate the association's principal officer or designate an
alternative office
◉ In an emergency an HOA Can not. Answer: contract, on behalf of a
member for items of services for which the member is individually
responsible.
,◉ Condominium members may vote to terminate the association if:.
Answer: cost to make necessary repairs so that the property meets
code is too high.
◉ If there are more than _____ units, or the budget exceeds $________,
the manager must be licensed through DBPR as a community
Association Manager. Answer: 40/$100,000
◉ How many members are there on the Regulatory Council of
Condominium Managers?. Answer: 7 members appointed by the
Governor of the State
◉ Cooperative. Answer: A type of joint ownership of real estate
where an individual purchases shares of stock in a corporation,
which gives the purchaser the right to occupy a unit under a
proprietary lease.
◉ When is a condominium created?. Answer: When its declaration
of covenants is recorded in the public records of the county in which
the property is located.
◉ Timeshare. Answer: a community that permits units to be owned
and occupied for fixed period of time in a given year.
, ◉ A cooperative or HOA may suspend the voting rights of a unit or
member due to nonpayment of any monetary 26 obligation due to
the association, which is more than 90 days delinquent.. Answer:
True
◉ A condominium may suspend the voting rights of a member that
owes more than $1,000 of any fee, fine, or other 28 mandatory
obligation that is more than 90 days delinquent. The condominium
must provide proof of the amount 29 owed to the unit owner 30
days before such suspension takes effect.. Answer: True
◉ Who can vote at Member Meetings. Answer: Members are
guaranteed the right to vote when they purchase in a community
association. However, the association may remove the right to vote
under certain circumstances.
◉ The association bylaws may provide for terms longer than 1 year.
Answer: True
◉ The Cooperative and HOA Acts are silent with respect to term
limits. Answer: True
◉ The Condominium Act restricts directors to a maximum of four
consecutive 2-year terms, unless approved by an affirmative vote of
two-thirds TVI or unless there are not enough eligible candidates to
fill the vacancies on the board. The statute does not address 1-year