FL CAM License Exam
Questions Review With Revised
Correct Answers
<Latest Update>
1. The portion of the community property shared by all of the
owners and members is _______.
A. Limited Common Elements
B. Association Property
C. Common Elements
D. All Easements - ANSWER ...
1. The portion of the community property shared by all of the
owners and members is _______.
A. Limited Common Elements
B. Association Property
C. Common Elements
D. All Easements - ANSWER C. Common Elements
A COMMON ELEMENT is that property shared by all of the
owners and members of the community. Common elements
are the portions of the condominium property not included in
the units. Examples are pools, parking lots, tennis courts, etc.
The common elements and the percentage of ownership are
found in the Declaration of Condominium. The common
elements are owned by all of the owners.
, 2. The part of a condominium that is subject to exclusive use is
called _______.
A. common elements
B. association property
C. a unit
D. easements - ANSWER C. a unit
A UNIT is that part of the property reserved for the exclusive
use of an owner. It may be land, improvements, or land and
improvements.
3. Common elements may be enlarged _________.
A. by a majority vote of the Board
B. only if the Association has the appropriate funds available
C. by a two-thirds vote of the owners
D. by an amendment of the declaration of condominium -
ANSWER D. by an amendment of the declaration of
condominium
,Common Elements may be enlarged by an amendment to the
Declaration of Condominium. The amendment must be made in
accordance with the documents.
4. Condominiums created after April 1, 1992 may allocate
shares of common elements by ________.
A. Square footage
B. Equal basis
C. Developer's method
D. Both A or B - ANSWER D. Both A or B
Since April 1, 1992, the percentage of ownership is expressed
either by the square footage of the unit as a percentage of the
total square footage in all of the units - or - as an equal
fractional basis of all of the units.
5. The board of directors at the Sunshine Condominium agreed
to increase the size of the main swimming pool. Which of the
following would be required to make this happen?
A. A majority vote of the directors at a board meeting
B. Approval by the Chairman of the Grounds Committee
, C. Approval by 75% of the unit owners present at a budget
committee meeting
D. Approval by 75% of the total voting interests of the
association - ANSWER D. Approval by 75% of the total
voting interests of the association
This would be a material alteration to the common elements.
For condominiums or cooperatives, you cannot materially alter
or substantially add to the common elements except in the
manner provided for in the documents. If the documents
provide for alterations or additions, but do not set forth the
manner, then at least 75% (two-thirds for cooperatives) of the
owners must approve the alteration or addition.
6. Prior to transition of an HOA, the developer may amend the
documents ______________________.
A. only with a majority vote of the owners
B. by filing a certificate with the State
C. in any way he sees fit
D. subject to a test of reasonableness - ANSWER D. subject
to a test of reasonableness
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