Florida cam prep Study guides, Class notes & Summaries

A Community is defined as - 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, and association, and with specific rights granted to the members. Community Associations are structured by - ANSWER Formal (in writing), legal documents defining property rights, rules and restrictions.

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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. Timeshare - correct answer Community permits individual units to be owned and occupied for fixed period for less than a year. Chapter 617, F.S. Florida not for Profit Act - correct answer Florida Sta...

Florida CAM Prep - Study Guide For The Florida CAM Exam – Q&A

Florida CAM Prep Questions and Answers Already Graded A A Community is defined as 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, and association, and with specific rights granted to the members. Community Associations are structured by Formal (in writing), legal documents defining property rights, rules and restrictions. Community Associations are al...

Cooperatives 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: Public records of the county where the property is located. Timeshare Community permits individual units to be owned and occupied for fixed period for less than a year. Chapter 617, F.S. Florida not for Profit Act Florida Statute majority homeowners association is organized under. ...

Florida CAM Prep Exam questions and answers 2024(graded A+)

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 of the county where the property is located. Timeshare - CORRECT ANSWER-Community permits individual units to be owned and occupied for fixed period for less than a year. Chapter 617, F.S. Florida ...

The pH of the pool water must be maintained at: - 7.2-7.8 A person who manages a rental apartment complex _____ a Community Association Manager's License. - May, but is not required, to have. Condominium & Cooperative Associations pay an annual fee of $____ per residential unit, per ____, to the DFCTSMH Trust Fund. - $4.00/year Toca Chica Cooperative, with 35 units, has joined with Levitz Office Condominium, to form a selfinsurance pool for windstorm insurance. Levitz has 10 office units. ...

A Community is defined as - 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, and association, and with specific rights granted to the members. Community Associations are structured by - Answer- Formal (in writing), legal documents defining property rights, rules and restrictions. Community Associations are also refered to as - Answer- Coven...