Florida Cam Exam Questions and Answers (Latest Update 2024) Verified Answers, Exams of Nursing

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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 ten day contract rescission period in which to cancel the purchase - Correct Answer ✅True The Florida Fair Housing Act prohibits discrimination on the basis of handicap - Correct Answer ✅True A valid Declaration of Condominium must contain easements for ingress and egress to all units and the common elements - Correct Answer ✅True Compliance with the Construction Lien Law is very technical and can have an impact on title to property. Therefore the board should always consult with the manager regarding lien issues - Correct Answer ✅False. The board should consult an attorney.

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Corporate Charter - Correct Answer ✅Articles of Incorporation are also known as the Establishes the power and authority of the community Association Establishes the corporate entity that is responsible for management, maintenance and operation of the community association Is based in corporate law - Correct Answer ✅Articles of Incorporation ( Corporate Charter) Florida Not for Profit Corporate Act - Correct Answer ✅FS 617 Florida Corporate Act - Correct Answer ✅FS 607 Conducting business and Community Association affairs Operating and managing the association property and assets

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Suing and defending against actions Lending money for association purposes Acquiring Property Entering into contracts and purchasing items that are required for operations and maintenance Incurring liabilities Borrowing funds Mortgaging community association properties - Correct Answer ✅Powers that are granted in FS 617 Condominium Act - Correct Answer ✅FS 718 Form of joint ownership of real property that comprises: Exclusive ownership of each unit Joint undivided share of common elements Required membership in the community association - Correct Answer ✅What is a condominium? Cooperative Act - Correct Answer ✅FS 719

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Mandatory Homeowner's Association - Correct Answer ✅FS 720 Mandatory contents of a declaration ( condos) - Correct Answer ✅FS 718. Definitions of the corporate entity, powers of association, easements, rights of access to unit, insurance, official records of the association, community directory, financial reporting requirements, purchase of units, purchase of land and recreation leases, operations of condominiums created prior to January 1, 1977, commingling - Correct Answer ✅FS

FS 718.1124 - Correct Answer ✅Definitions of required contents of bylaws, including administration, notice requirements, quorum, proxies, voting requirements, elections, electronic voting, candidate eligibility, director certificate/education requirements, recalls, arbitration, timeshare condominium exceptions, board and member

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meetings, Annual budget requirements, assessments, amendment of bylaws, transfer fees, director and officer delinquencies and offenses, common elements ( limited power to convey to a condemning authority) FS 718.113 - Correct Answer ✅Maintenance requirements, display of flags and religious decorations, hurricane shutters, and other types of code-complaint hurricane protection FS 718.114 - Correct Answer ✅Association powers, acquisition of leasehold memberships and other possessory or use interests FS 718.115 - Correct Answer ✅Common Expenses and common surplus, expense and credits for hurricane protection, communication expenses FS 718.116 - Correct Answer ✅Liability for not paying common expenses, including the right to assess interest, lien, foreclose, and collect rents from delinquent members etc., liability of first mortgage holder, liability of previous owners

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FS 718.303 - Correct Answer ✅Provides that if a member is more than 90 days delinquent or has failed to comply with his or her monetary obligation that is due to the community association, or has failed to comply with the documents or reasonable rules, the right to use common elements can be suspended. Provides fining authority and procedures. The pH of the pool water must be maintained at: - Correct Answer ✅7.2-7. Condominium and Cooperative Associations pay an annual fee of $_______ per residential unity, per ______ to the DFCTSMH Trust Fund - Correct Answer ✅$4.00/ Year A windstorm self insurance pool must include 3 or more associations, all of which must be residential, with not less than 50 units. - Correct Answer ✅True The member must place an election ballot in an inner envelope, and place the inner envelope in an outer envelope,

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which the member signs. - Correct Answer ✅Procedures for voting in secret for members who are not in attendance at the annual meeting. The purpose of Regulatory Council of Community Association Managers is to - Correct Answer ✅Provide licensure exam and continuing education requirements for CAMS A volunteer director who is not compensated for his duties as a director need not have a CAM license - Correct Answer ✅True Prospective members must receive certain information from an HOA when purchasing a new unit, including Community Association Disclosures - Correct Answer ✅True An employee of the ombudsman's office may not serve as an officer in a local, state, or national political party - Correct Answer ✅True

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Components of a collection policy should not include court charges for filing of liens - Correct Answer ✅True At will means - Correct Answer ✅an employee who may be dismissed at any time for any non-discriminatory reasons, with or without cause . FS 482 - Correct Answer ✅governs pest control companies and operators The Ombudsman duties include but are not limited to - Correct Answer ✅Encourage and facilitate voluntary meetings with and between members, directors, managers, and other affected parties of condominiums Community association management companies must file for company insurance - Correct Answer ✅Once very two years on October 1st of odd numbered years.

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HOA's must file for arbitration with DBPR when members contest elections of recalls - Correct Answer ✅True Pursuant to FS 720, an HOA has all the following powers in an emergency declared by the governer: - Correct Answer ✅to cancel and reschedule an association meeting to designate assistant officers who are not directors to relocate the association's principal officer or designate an alternative office In an emergency an HOA Can not - Correct Answer ✅contract, on behalf of a member for items of services for which the member is individually responsible. Condominium members may vote to terminate the association if: - Correct Answer ✅cost to make necessary repairs so that the property meets code is too high. If there are more than _____ units, or the budget exceeds $________, the manager must be licensed through DBPR as a

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community Association Manager - Correct Answer ✅40/$100, How many members are there on the Regulatory Council of Condominium Managers? - Correct Answer ✅7 members appointed by the Governor of the State Cooperative - Correct Answer ✅A type of joint ownership of real estate where an individual purchases shares of stock in a corporation, which gives the purchaser the right to occupy a unit under a proprietary lease. When is a condominium created? - Correct Answer ✅When its declaration of covenants is recorded in the public records of the county in which the property is located. Timeshare - Correct Answer ✅a community that permits units to be owned and occupied for fixed period of time in a given year.

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A cooperative or HOA may suspend the voting rights of a unit or member due to nonpayment of any monetary 26 obligation due to the association, which is more than 90 days delinquent. - Correct Answer ✅True A condominium may suspend the voting rights of a member that owes more than $1,000 of any fee, fine, or other 28 mandatory obligation that is more than 90 days delinquent. The condominium must provide proof of the amount 29 owed to the unit owner 30 days before such suspension takes effect. - Correct Answer ✅True Who can vote at Member Meetings - Correct Answer ✅Members are guaranteed the right to vote when they purchase in a community association. However, the association may remove the right to vote under certain circumstances. The association bylaws may provide for terms longer than 1 year - Correct Answer ✅True

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The Cooperative and HOA Acts are silent with respect to term limits - Correct Answer ✅True The Condominium Act restricts directors to a maximum of four consecutive 2-year terms, unless approved by an affirmative vote of two-thirds TVI or unless there are not enough eligible candidates to fill the vacancies on the board. The statute does not address 1-year terms or whether the new limits on 2-year terms are retroactive or applies to terms beginning after July 1, 2017. You should check with the associations attorney.to - Correct Answer ✅True Provides the rules for distribution of condominium or association property and proceeds from the sale of condominium and association property. - Correct Answer ✅FS 718. The termination of a condominium does not change the corporate status of the association. - Correct Answer ✅True

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The official records of a community association must be maintained within the state, for a minimum of 7 years, unless otherwise stated in the applicable statute. - Correct Answer ✅True Official records must be made available to members for inspection or photocopying within 45 miles of the community association or within the county in which the association is located. - Correct Answer ✅True By July 1, 2018, a condominium with 150 or more units, which does not manage timeshare units, must create a website, if it does not already have one. - Correct Answer ✅True What must an association's website include? - Correct Answer ✅an independent website or web portal wholly owned and operated by the association, or

• a website or web portal operated by a third-party provider with whom the association owns, leases, rents, or otherwise obtains the right to operate a web page, subpage, web portal or collection of subpages or web portals.

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information provided to any person, other than a unit or parcel owner, by the association, is legally binding, even if factually incorrect. - Correct Answer ✅True An association is required to issue an estoppel certificate within 10 business days after receipt of a written or electronic request from a unit or parcel owner, the unit or parcel owner's designee, the unit's or parcel's mortgagee, or 2 the unit's or parcel's mortgagee's designee. Any fee charged by the association is waived if the estoppel certificate is not issued within that period. - Correct Answer ✅True Preparation and delivery of an estoppel certificate authorized fee: - Correct Answer ✅not more than $ Estoppel certificate requested on an expedited basis and delivered within 3 business days authorized fee: - Correct Answer ✅an additional $

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Estoppel Fee if the unit/parcel is delinquent to the association: - Correct Answer ✅An additional fee not to exceed $ Additional appurtenances for members in all community associations include - Correct Answer ✅Sharing in ownership of common elements and any common surplus rights to use common elements rights to reserve common elements, as determined by the association docs and rules club membership rights and other rights may be established in the association docs access to any available licensed satellite, cable or communications service the right to peaceably assemble, including the right to use common areas in accordance with association docs the right to vote. All Records must be obtained for a minimum of 7 years, unless otherwise stated. - Correct Answer ✅True

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Ballots and losing bids proposals must be retained for one year only - Correct Answer ✅True Members do not have access to the following records - Correct Answer ✅A recommendation, opinion or conclusion of litigation strategy or the legal opinion of an attorney regarding civil or criminal litigation or administrative proceedings Potential adversarial civil criminal or admin proceedings until the conclusion or settlement of such Information obtained by association in connection with a lease, sale, or transfer or ownership Residence applications Personnel records, including but not limited to disciplinary, payroll, health and insurance medical records or employees members or residents Computer security data including passwords, software and operating systems

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What document establishes the procedures for carrying out the responsibilities of the association and governs the actual operation of the association? - Correct Answer ✅The Bylaws According to Part V of the Cooperative act, what agency is designated to enforce and ensure compliance with provisions of the cooperative act? - Correct Answer ✅Department of Business and Professional Regulations The Annual fee paid to the Division of Florida Condominiums, Timeshares & Mobile homes, for each unit operated by a condo association is due by: - Correct Answer ✅January 1st every year A mobile home park owner must pay ______ for each lot to be used in his mobile home park when forming the mobile home park: - Correct Answer ✅$10, minimum of $ When a condos rules and regulation conflict with the Declaration of Condominium, which document will prevail? -

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Correct Answer ✅The Declaration of Condo prevails over the rules and regulations Amendments to the Declaration of Covenants and Restrictions are not effective until: - Correct Answer ✅the certificate of amendment is recorded with the clerk of the court where the documents were originally recorded. Under Part VI of the Condo Act, all tenants have certain rights when an existing rental property is converted to a condo. These rights include the option to extend their current lease. - Correct Answer ✅True What type of ownership includes the exclusive ownership of s single unit, joint undivided ownership of a percentage of the common elements, and required membership in an association which manages the common property? - Correct Answer ✅Condominium

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Supplemental restrictions authorized by the governing documents and promulgated by the board of directors are: - Correct Answer ✅Rules and Regulations When proposing amendments to the documents, a condominium should insert and underline any new words in the text - Correct Answer ✅True Florida Statutes prohibit the Florida Catastrophe Fund from reimbursing associations or individuals for losses caused by flooding - Correct Answer ✅True A timeshare divides residential property into specific time periods that provides members with exclusive use rights - Correct Answer ✅True The developer is exempt from any management responsibilities as long as he controls the Board - Correct Answer ✅False

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Mixed Use Condo - Correct Answer ✅contains both residential and non residential units, FS 718. FS 719 - Correct Answer ✅Cooperative Act FS 720 - Correct Answer ✅Mandatory Homeowner's Association FS 720.303 - Correct Answer ✅HOA Powers and Duties What are the governing docs? - Correct Answer ✅the Decleration, Articles of Incorporation and bylaws What is included in the Declaration - Correct Answer ✅Declaration plot plan and surveys floor plans amendments Articles of incorporation

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bylaws any filed rules and regulations The board of a condo may not prevent a member from installing hurricane shutters, impact resistant windows, code complaint doors, or other code compliant hurricane protection. However they may adapt specifications that standardize them. - Correct Answer ✅True Material alterations or betterments to the common elements require 75% TVI - Correct Answer ✅True Pursuant to FS607 and FS 617 what must the Articles of Incorporation Contain? - Correct Answer ✅The corporation name Mailing Address Purpose Manner in which the directors will be appointed or elected

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The Heirarchy for enforceability of Laws and Documents is: - Correct Answer ✅Federal, State, Local, Declaration, Articles of Incorporation, ByLaws, Rules and Regulations, Roberts Rules of Order Articles of Incorporation are filed - Correct Answer ✅with the Department of State Division of Corporations The bylaws establish - Correct Answer ✅the procedures for carrying out responsibility FS 617 and FS 607 require every corporate entity to: - Correct Answer ✅hold at least one membership meeting each year, called the annual meeting Where must an annual meeting be held - Correct Answer ✅at a location identified in the bylaws, or within 45 miles of the condo property, whichever is closer.

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What is the purpose of the annual meeting? - Correct Answer ✅for the members to elect individuals to the boards or directors. Review the documents of the association that you manage to determine the additional requirements if any. Unless the association docs require longer advance notice, an association of a condo, coop, or HOA must provide____ ______ _______ _______ days written notice of its annual meeting? - Correct Answer ✅No less than 14 days. The meeting notice for either an annual meeting or special meeting must contain: - Correct Answer ✅The date and time, place, type ( purpose) if budget, the proposed budget, including reserve calculations, if special assessment, a detailed breakdown of the assessment, copies of proposed amendments if any, and a detailed Agenda. Quorum - Correct Answer ✅the minimum number of members of an assembly that must be present at any of its meetings to make proceedings of that meeting valid. For

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condos and Coops must be a majority TVI ( 50% +1) and for HOAS must be 30% TVI Unless otherwise stated, a HOA must have a minimum of __ directors, while a condo or coop must have a minimum of ____ - Correct Answer ✅3/5 Board Member Eligibility - Correct Answer ✅Be a natural person Be 18 or older Not be convicted of a felony in this state or any other. A cooperative cannot prohibit members who are delinquent in assessment from serving on the board. - Correct Answer ✅True The required officers of the Board are: - Correct Answer ✅President, Secretary, and Treasurer

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A quorum of the board is required for election of officers - Correct Answer ✅True Officers are elected or appointed by the directors at a board meeting. - Correct Answer ✅True Most board meetings require a minimum of 48 hours notice, posted in a conspicuous place on the property, unless the docs require a longer time period. - Correct Answer ✅True If there is not appropriate place to post a notice, an HOA must deliver or mail a notice to each member at least ___ days in advance while a condo or coop has ____ days. ( except in an emergency - Correct Answer ✅7 / 14 Within ____ days after ____% of the total units are conveyed to non-developer members, the developer must ______________ - Correct Answer ✅75 / 15%/ call a meeting for election of directors