FL CAM Florida Community Association Manager Prelicensure Course.pdf file:///C:/Users/HP/Desktop/New%20fo/FL%20CAM%20Florida%
FL CAM Florida Community Association Manager
Prelicensure Course Questions & Verified Answers
1. After purchasing the mobile home park, the residents form a communityassociation
and hire a paid manager.The manager must be licensed underPart VIII of Chapter 468
if the budget of the association exceeds
A.$50,000
B.$75,000 C.$100,00
D.$125,000
Answer C.
2. A type of joint ownership of real estate where legal title is not vested in theindividual,
but the individual receives the right to occupy a unit, is a
A. mobile home.
B. cooperative
C. mandatory homeowners' association.
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D. condominium
Answer B.
3. The type of community association that permits individual units to beowned and
occupied by different people during the year is a
A.time-share property.
B.cooperative.
C.phase condominium
D.townhouse
Answer A.
4. Appurtenances in a condominium or cooperative include rights of
A. use and access to all individual units.
B. liens.
C. the association's records.
D. the use of and access to all easements, membership in the association,and assigned
percentage of ownership in the common areas and any clubmembership rights.
Answer D.
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5. Any person or firm licensed under Part VIII of Chapter 468, Florida Statutes,is
considered
A. responsible for management
B. capable of performing community association management services.
C. capable of transferring possessions and ownership of cooperative proper-ty.
Answer B.
6. A homeowners' association where membership in the association is manda-tory for all
owners and the association has a lien right which is not a condo-minium or cooperative
is regulated by provisions of which Florida statute? A. 648, F.S.
B. 720, F.S.
C. 721, F.S.
D 735, F.S.
Answer B.
7. A board member of a condominium or cooperative association may not accept
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anything of value providing goods or services to the association forhis/her benefit or
the benefit of his/her family except
A. for items received at trade fairs or educational programs
B. when fully disclosed to all of the other board members.
C. when received from a vendor who is also a relative.
D. when the item received has a value of less than $500.00
Answer A.
8. The document that created an elaborate set of convenants and restrictionsthat
establish basic rights and responsibilities of homeowners' assocaition members,
residents and guests is the
A. Charter
B. Bylaws.
C. Articles.
D. Declaration.
Answer D.
9. Florida's Condominium Act and the Not-For-Profit Act require which docu- ment to
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