Passing The Florida Cam The First Time

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Florida Quizzes & Trivia
True, false & multiple choice questions for passing the Florida CAM test.

  
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  • 1. 
    What is a Community  Association? 
    • A. 

      Specific rights are granted to the owners.

    • B. 

      A community association can be both residential and non residential

    • C. 

      Real or personal property, owned by two or more entities, with a legally binding agreement for every member/homeowner to share responsibility and maintenance.

    • D. 

      All of the above

    • E. 

      None of they above


  • 2. 
    A Legally Binding Agreement for a community association would encompass the following functions. 
    • A. 

      Structured by formal legal documents defining property rights, rules, and restrictions. Provides for governance, business and communal aspects of administering, maintaining and enhancing property.

    • B. 

      Provides for governance, business and communal aspects of administering, maintaining and enhancing property. Grants rights and or imposing liabilities on the association members. Referred to as a covenant in certain types of communities associations.

    • C. 

      Neither A nor B.

    • D. 

      Florida statutes provide requirements for different types types of community associations.

    • E. 

      A, B,C


  • 3. 
    Certain types of Community Associations refer to their legal documents as covenants. Which of the following associations use Covenant to describe their legal documents.
    • A. 

      A. Condominiums only

    • B. 

      B. Mandatory Homeowners Association(HOA) and Cooperatives

    • C. 

      C. Mandatory Homeowners Association and Condominiums

    • D. 

      None of the above


  • 4. 
    What is the purpose of Association documents?
    • A. 

      A. To include the Declaration or the Covenant which transfers responsibilities to the new owner.

    • B. 

      B. To define the administration, maintenance and operation of the property.

    • C. 

      C. Set the limits of what can be charged for units

    • D. 

      Both A and B

    • E. 

      Both B and C


  • 5. 
    ?_________________Establishes entity responsible for management, maintenance  and operation of Community Association.Establishes power and authority of Association.Effective April Jan 1977 entity must be a not for profit corporation.

  • 6. 
    The____________ establishes formal regulations for all of thye property and defines certain rights and imposes certain restrictions on the members and the association.It's also based in real estate law.

  • 7. 
    The Declaration also known as __________________________________ and it transfers  responsibilities to the new owner.

  • 8. 
     Filing Of Documents for creation of condominium.Clerk of the count fee's filed by?
    • A. 

      A. The Community Association Manager

    • B. 

      B. The Ombudsman

    • C. 

      C. The President Of The Association

    • D. 

      D.The developer

    • E. 

      The gardner


  • 9. 
     Filing Of Documents for creation of condominium.Which articles are filed with the Secretary Of State?
    • A. 

      A. Articles Of Incorporation

    • B. 

      B. Buy Laws.

    • C. 

      C. Neither A nor B

    • D. 

      D. Both and B


  • 10. 
    Within _______days after filing the Declaration with the Clerk Of The County Court(DBPR) with a fee of $_______per unit to be constructed. In the case of Condominiums.
    • A. 

      30 days and $15 per unit.

    • B. 

      70 days and $30 per unit

    • C. 

      120 days and $15 per unit

    • D. 

      120 days and $20 per unit


  • 11. 
    What does DBPR  stand for?

  • 12. 
    Are HOA regulated by the DBPR
    • A. 

      Yes

    • B. 

      No


  • 13. 
     Filing Of Documents for creation of an HOA.Which articles are filed with the Secretary Of State?
    • A. 

      A. Articles Of Incorporation

    • B. 

      B. Bylaws

    • C. 

      Neither A or B

    • D. 

      Both A and B


  • 14. 
    Filing Of Documents for creation of an HOA. Clerk Of The Court in County ?
    • A. 

      A. Bylaws

    • B. 

      B. Covenant

    • C. 

      C. Fees


  • 15. 
    Filing Of Documents for Timeshares include which of the following?
    • A. 

      A.Public Offering Statement, Name and address of the timeshare plan, and of the developer and seller, if any.

    • B. 

      B. Location & brief description of accommodations and facilities, if any located in Florida. Number of Timeshare interests and Timesahe periods to be offered. Term of timeshare plan.

    • C. 

      C. Timeshare instrument relating to management and of accommodations and facilities, if any, located in Florida. Budget as required by statutes.

    • D. 

      A only.

    • E. 

      A, B, C


  • 16. 
    Also included in the documents required to be filed for Timeshare is a fee of $____dollars for every _____days each unit is anticipated to be occupied, for a maximum of $_________or the total fee based upon the units located within Florida.separate you answers with a - eg: 17-3-80,000  don't include dollar signs or decimals however commas in money amounts are require as seen abobe

  • 17. 
    The (DBPR) The department Of Business and Professional regulations requires that every mobile home park provide the following. A. The Mobile Home Park Must provide a __________with the division prior to entering into a            lot rental agreement. B. A fee of $_______/lot, but not less than $___. C.The DBPR has ________days to notify the mobile park owner of any deficiencies in the     __________.If the DBPR does not respond  within that period, the park owner may           assume   the ____________ met with the DBPR approval.Answer to be entered as follows. answer-#-#-#-answer-answer. No decimals or dollars signs required.

  • 18. 
    Community Association Disclosures.A developer of a community association must provide to all prospective purchasers a ________________statement or prospectus.

  • 19. 
    New/Conversion Community Associations.Condominium or cooperative have a rescission period of_______calendar days.

  • 20. 
    If New/Conversion Community Associations is to be a phased development the or thr association is to manage more than one condominium,.
    • A. 

      A. Description of the plan of phase development

    • B. 

      B. arrangements for management

    • C. 

      C. Budget for each phase.

    • D. 

      A and B

    • E. 

      A, B, C


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