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Florida Cam Prep Exam Review With Complete Solutions

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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 ...

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Florida Cam License Laws Exam 2024/2025 Already Pass

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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 Condominiums, Timeshares, and Mobile Homes F.A.C. 64E-9 - CORRECT ANSWER-Pool Rules 399, F.S. - CORRECT ANSWER-Elevator Statute DBPR Division of Hotels and Restaurants

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Florida Cam (Community Association Manager Prelicensure Course) Practice Test

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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.$50,000 B.$75,000 C.$100,00 D.$125,000 - CORRECT ANSWER-C. A type of joint ownership of real estate where legal title is not vested in the individual, but the individual receives the right to occ...

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FL CAM License EXAM STUDY SET 2024/2025 ACTUAL AND VERIFIED

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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 owners - CORRECT ANSWER-limited common elements property owned by all owners in a condominium - CORRECT ANSWER-the common elements a maintenance coordinator must... - CORRECT ANSWER-be licensed a...

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Florida Cam Prep With 100%Correctly Answered Questions

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

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Fl Cam License Practice Questions And Answers Verified 2024/2025

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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 state of emergency has been declared, include: - CORRECT ANSWER-Borrow money and pledge association assets as collateral to fund emergency repairs A condominium association files a lien for unpaid as...

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Fl Cam Final Exam Study Guide 2024/2025 Updated

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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 to avoid or reduce large increases in regular assessments. An association should establish reserves for - CORRECT ANSWER-Because there are statutory requirements that mandate reserves in certain ci...

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Florida Cam License Exam Set

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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 granted to members.

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Florida Cam Actual Exam (Questions And Answers)

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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 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 va...

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Fl Cam License Final Exam Test 2024/2025

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Fl Cam License Final Exam Test 2024/2025 1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. A. a percentage B. an undivided C. a proportional D. a complete - CORRECT ANSWER-B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association. 2. Under the General Corpo...

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