Florida Cam BUNDLED exams 2023 with 100% correct answers

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 answer 1 month's rent A homeowner's association board must obtain competitive bids for any contract which will cost in excess of - correc...

Cooperatives - correct answer Joint ownership of a real estate where an individuals purchased shares of stock in a corporation. Condominium is created when the declaration of convenience is recorded in the: - correct answer Public records of the county where the property is located. Timesh...

A. Holdover rent B. Unpaid Rent C. Background Check fee D. Eviction fees - correct answer All of the following expenses can be deducted from the security deposit of a resident EXCEPT. Who should complete a rental application? - correct answer A. Prospective resident B. Property Manager C. M...

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 answer C. A type of joint owner...

Cost Conscious Condominium is presently preparing their annual budget. Expenses on the proposed budget are to be listed by: A. Accounting methods B. Account and classification C. Sequence D. Numerical order - correct answer B. Kathryn Stifspine, a cooperative shareholder, becomes delinquent...

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