FL CAM (A+ GUARANTEED)

1988 correct answers The State of Florida in the year ____ required LICENSING OF COMMUNITY ASSOCIATION MANAGERS. Four correct answers Teaching Methods, candidates mush retain their Pre-Examination Course Completion for a period of ____ years from the date received. 4,250,000 correct answers Ac...

The rights and obligations inherent in the ownership of a unit in a condominium are correct answers Appurtenances to the Unit The original corporate structure of a condominium association is established in the correct answers Articles of Incorporation A claim of Lien on a condo unit for delinq...

The documents of ABC condominium Association do not require reserves the proposed budget correct answers Must at a minimum include statutory reserves All of the following categories of expenditures and required to be included in a condominium budget Except correct answers Professional fees Ver...

being licensed under part VIII of chapter 468 F.S. means correct answers you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners correct answers limited common elements property owned...

Community Association (Definition) correct answers a residential homeowners' association in which membership is a condition of ownership (mandatory) of a unit in a planned unit development, or of a lot for a home or a mobile home, or of a townhouse, villa, condominium, cooperative, or other residen...

Florida Condominium Law is contained in which Chapter of the Florida Statutes? correct answers 718 Minutes of meeting of the BOD must be maintained for: correct answers 7 years Emergency powers of a condominium board, if a state of emergency has been declared, include: correct answers Borrow m...

1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. A. a percentage B. an undivided C. a proportional D. a complete correct answers B. an undivided Condominium means individual ownership of a unit co...

A unit owner gives a proxy to a friend for a January 30th meeting. The proxy is signed and dated on January 16. On January 30th the unit owner who gave the proxy appears at the meeting to vote as well as the proxy holder. Who has priority in casting the vote for the unit for which the proxy was give...

If a declaration of condominium or bylaws so provide, an association may require a security deposit from prospective lessees up to the amount of correct answers 1 month's rent A homeowner's association board must obtain competitive bids for any contract which will cost in excess of correct answ...

A Community Association is generally defined as real or personal property, owned by two or more entities, which share the responsibility for the costs of maintenance and administration correct answers True Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel...

The pH of the pool water must be maintained at: correct answers 7.2-7.8 A person who manages a rental apartment complex _____ a Community Association Manager's License. correct answers May, but is not required, to have. Condominium & Cooperative Associations pay an annual fee of $____ per res...

A Community is defined as correct answers Real or personal property owned by two or more entities, with a "legally binding agreement (covenant) to share responsibility and costs for maintenance and administration of property, assets, and association, and with specific rights granted to the members....

After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the association exceeds: A.$50,000 B.$75,000 C.$100,00 D.$125,000 correct answers C. A type of joint ownershi...

What is a legally binding agreement? correct answers It is structured by formal, legal documents that define property rights, rules and restrictions It grants rights and/or imposes liabilities and responsibilities on the community association and members It provides governance, business, and c...