Practice Questions for Florida CAM Exam 1 Questions with Complete Solutions The language in the Declaration of Condominium that creates a commitment, restriction, or contract between the association and the unit owners is called - Correct Answer Covenants Under Chapter 718.1255, those eligible to petition for arbitration are: - Correct Answer An owner of a condominium unit Tom Tucker decides he can manage his association better than the management company and at significantly less cost. The board of directors of the 25 homes comprising the Too Cheap Homeowners' Association decides to hire him and pay him 10% of the $110,000 budget. Which applies? - Correct Answer Tom Tucker must have a license pursuant to Chapter 468, Florida Statutes.Safety Harbor Condominium wants to charge non-resident guests a $5 pool pass, valid for one week.Which applies? - Correct Answer As long as a non-resident guest fee is authorized in the governing documents, the charge is legal.A 14-day notice of a membership meeting of Valley Crest Condominium was given for the specific purpose of amending the Bylaws. A copy of the proposed changes was attached to the notice. During the meeting, motions were made and seconded that changed the wording of the amendments, a vote was taken, and the changed amendments were approved by 83% of the membership. Which applies? - Correct Answer The vote is invalid. Another meeting must be properly noticed with the new changes attached.Joe Blow, an owner at the Windy Hill Condominiums, resides there only three months out of the year.He has given the condominium board proper notice that he intends to run for a position on the board.The board has refused to place his name on the ballot. Which applies? - Correct Answer The statutes require the board to place on the ballot the name of any eligible person.The board of directors of Lazy Days Condominium hired a licensed manager. Which of the following applies? - Correct Answer The licensed manager may carry out most of the duties of the board.Sea Tern Condominium will be replacing the air conditioning units on the roof at the clubhouse which will cost more than $10,000. The condominium has a line item on its Reserve Schedule for air 1 / 2
conditioning replacement. Which applies? - Correct Answer The replacement will be paid from the reserve account. If the reserve account is insufficient, a special assessment will be necessary.Sam and Barbara Smith are joint owners of a unit at the Pine Meadows Condominium. They submit a Voting Certificate to the association secretary naming Sam Smith as the designated voter for the unit.Which statement is incorrect? - Correct Answer Barbara Smith may vote only if her husband is not present at the meeting.The Condominium Act requires who to pay for the licensed manager's fidelity bond premium? - Correct Answer The association pays the premium for the licensed manager's fidelity bond.Upon approval by the membership of an Amendment to the Declaration of Condominium, what other action, if any, must be taken? - Correct Answer A proper Certificate of Amendment must be recorded with the Clerk of the Circuit Court in the county where the condominium property is located.Which of the following is not covered by the association's liability insurance? - Correct Answer Damage caused to a carport support that was hit by a lawn mower driven by an association maintenance employee.If a condominium board considers renting the clubhouse banquet room to a resident for a private birthday party for a fee of $100 plus a refundable cleanup/damage fee of $50, which applies? - Correct Answer The board may charge both fees for the exclusive use of the banquet room if the exclusive use is allowed in the community documents.The primary purpose of the community association is to: - Correct Answer Provide for the maintenance of the common property and enforcement of the covenants.The Small Dog Condominium allows an owner two pets, dogs or cats provided neither is more than 25 pounds each. A unit owner moves in with one 30-pound dog and one 10-pound cat. The manager challenges him with the legality of the dog and the owner asserts the combined weight of both animals is less than 50 pounds and both are house pets. What action should the manager take? - Correct Answer Provide written notice to the unit owner that the dog is not allowed and state the number of days/weeks the owner has to comply with the rules.
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