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FL CAM License Exam 2024 With 100% Correct Answers Guarantee Pass
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FL CAM License Exam 2024 With 100% Correct Answers Guarantee Pass
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FL CAM License.pdf file:///C:/Users/HP/Desktop/New%20fo/FL%20CAM%20LicenseFL CAM License Exam Questions & Verified
Answers
1. The rights and obligations inherent in the ownership of a unit in a condo-minium are
Answer Appurtenances to the Unit
2. The original corporate structure of a condominium association is estab-lished in the
Answer Articles of Incorporation
3. A claim of Lien on a condo unit for delinquent assessments is in effect fromthe time of
recording for a period of
Answer 12 Months
4. The process for obtaining a community association manager's license, renewal
provisions and standards of professional conduct us set forth in the
Answer Florida Administrative Code & Chapter 468 Part VIII
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5. In the event of a conflict, the hierarchy of documents is the
Answer 1) Declaration
2) Articles of Incorporation
3) Bylaws
4) Rules & Regulations
6. The amount of all receipts and revenues, exceeding common expenses,collected by a
association is
Answer Common Surplus
7. A share of the association's funds, required to pay common expenses is
Answer anAssessment
8. For residential unit sold by a developer, a contract of sale can be voided for
days after it has been made
Answer 15 days
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9. In a co-op, what is the required time of posting and mailing notice of aBUDGET
meeting?
Answer 14 Days
10. The board must reply to a written complaint from a unit owner within
Answer 30Days
11. Covenants and restrictions establishing basic rights and responsibilitiesof
condominium are found in the
Answer Declaration
12. What are the classes protected by the Fair Housing Act?
Answer Race, color,national origin, religion, sex, familial status, and disability
13. Where does a condominium association's board of directors file written notice of a
new registered agents name and registered office?
Answer Department ofState
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14. Agenda and notice requirements for membership meetings are found inthe
homeowner's association's
Answer Bylaws
15. An association should keep financial and accounting records for
Answer 7 years
16. What does the Americans with Disabilities Act require of employers?
Answer Tomake reasonable accommodations for qualified (disabled) individuals.
17. Within how many days after executing a contract for purchase of a time-share period
can the purchaser cancel the contract without penalty or oblig-ation?
Answer 10 days
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