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Florida Cam Actual Exam (Questions And Answers) 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 ANSWER-True Purchasers of a timeshare plan have a...

orida Cam License Exam Set Define Community Association. - CORRECT ANSWER-Real or personal property, owned by two or more entities with a legally binding agreement to share responsibility & costs for maintenance & administration of property, assets, and association & with specific rights gran...

Fl Cam Final Exam Study Guide 2024/2025 Updated An association should establish reserves for - CORRECT ANSWER-(a) Because associations may be able to avoid or reduce large special assessments. An association should establish reserves for - CORRECT ANSWER-(c) Because associations may be able ...

Fl Cam License Practice Questions And Answers Verified 2024/2025 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 stat...

Florida Cam Prep With 100%Correctly Answered Questions A Community is defined as - CORRECT ANSWER-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, an...

FL CAM License EXAM STUDY SET 2024/2025 ACTUAL AND VERIFIED being licensed under part VIII of chapter 468 F.S. means - CORRECT ANSWER-you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain ...

Florida Cam (Community Association Manager Prelicensure Course) Practice Test 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.$...

Florida Cam License Laws Exam 2024/2025 Already Pass F.A.C. 61-20 and F.A.C. 61E-14 - CORRECT ANSWER-CAM Rules DBPR Division of Professions Regulatory Council of Community Association Managers F.A.C. 61B - CORRECT ANSWER-Rules for condos, coops, and time-shares DBPR Division of FL Condominium...

Florida Cam Prep Exam Review With Complete Solutions 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 o...