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Exam (elaborations)

Florida CAM Multiple Choice Q&A

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Florida CAM Multiple Choice Q&A

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  • June 19, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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By: EXAMQA • 4 months ago

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Florida CAM Multiple Choice Q&A
_____ usually establishes the entity responsible for the maintenance,

✅✅
management, and
operation of the community property and its assets. - -Corporate charter

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"At will" means: - -An employee who may be dismissed at any time for
any non-discriminatory reasons, with or without cause.

A condominium association currently has three swimming pools. The board of

✅✅
directors has determined that it can save a considerable amount of money if it
demolishes two of the three swimming pools. - -Removal of two
swimming pools constitutes a material alteration of the common elements.
The board must check the language of the declaration and the Condominium
Act for the manner in which to proceed.


✅✅
A condominium is created when its declaration of covenants is recorded in
the: - -Public records of the county in which the property is located.

A mobile home association: - ✅✅ -May permit members to issue proxies for
member meetings, which are valid for 90 days.


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A mobile home park owner must pay ___ for each lot to be used in his mobile
home park when forming the mobile home park: - -$10, minimum $100.


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A person who manages a rental apartment complex _____ a Community
Association Manager's License. - -May, but is not required, to have.


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A reason stated in F.S. 718 that condominium members may vote to terminate
the association include: - -Cost to make necessary repairs so that the
property meets code is too high.

A type of joint ownership of real estate where an individual purchases shares

✅✅
of a stock in a corporation, which gives the purchaser the right to occupy a
unit under a proprietary lease is: - -Cooperative.

According to Part V of the Cooperative Act, what agency is designated to

✅✅
enforce and ensure compliance with provisions of the Cooperative Act? -
-Department of Business & Professional Regulations.

, ✅✅
Adriana Bosberg purchased a timeshare unit yesterday. After looking over the
contract Adriana finds the timeshare will not meet her needs. - -Adriana
may cancel the contract within 10 days of purchase.

Alex Grimble owns a unit on the 15th floor of the Hollow Hills Condominium.

✅✅
He has placed a charcoal grill on his balcony, so that he may barbeque each
weekend. - -Barbeque grills fueled by combustible substances are not
permitted on balconies.


✅✅
All of the following are reasons why an individual might buy a condominium
unit, except: - -More individual freedoms.


✅✅
All records of the Xabales Way Condominium must be made accessible to
members: - -Within 45 miles of the association.


✅✅
Amendments to the Declaration of Covenants & Restrictions are not effective
until: - -The certificate of amendment is recorded with the clerk of the
court where the documents were originally recorded.


✅✅
An electronic voting system allows associations to conduct elections and
voting through: - -A secure Internet based online voting system

An example of a limited common element is not: - ✅✅-Guest parking,
because only guests may park there.

Appurtenances in a condominium include rights of: - ✅✅-Use and access to
easements

Association rules and regulations must be: - ✅✅-Within the scope of the
board's authority.

Balasquie Acres Condominium, with 474 units, employes a maintenance
director, Mike Rugminom, who reports directly to the president. Mike oversees
2 maintenance employees, the janitorial staff, and supervises all maintenance

✅✅
contractors for the association. Balasquide Acres has a CAM, Melissa Perez,
who directs management and operations. - -Mike must be licensed as a
Community Association Manager.

Bob Jones is the president of the Flagler Mandelion Condominium. Flagler
Mandelion has 42 units and a budget of $79,000. The association recently

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