A Community Association is generally defined as real or personal property, owned by

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 - ANSWER-True

Purchasers of a timeshare plan have a ten day contract rescission period in which to cancel the purchase - ANSWER-True

The Federal Fair Housing Act prohibits discrimination on the basis of disability - ANSWER-True A Declaration of Condominium must contain easements for ingress and egress to all units and the common elements - ANSWER-True

Compliance with the Construction Lien Law (713 F.S.) is very technical and can have an impact on title to property. Therefore the board should always consult with the manager regarding lien issues - ANSWER-False. The board should consult an attorney.

A Corporate Charter - ANSWER-Articles of Incorporation

Establishes the power and authority of the Community Association; Establishes the corporate entity responsible for management, maintenance and operation of the community association; Is based in corporate law (607 or 617 F.S.) - ANSWER-Articles of Incorporation ( Corporate Charter)

Florida Not for Profit Corporate Act - ANSWER-FS 617

Florida Corporate Act - ANSWER-FS 607

Does not mean "tax exempt" - ANSWER-Not For Profit

Condominium Act - ANSWER-FS 718

Form of joint ownership of real property that includes:

Exclusive ownership of each unit An undivided share of common elements and land Florida Cam License Exam Update Latest - | Florida Cam Actual Update Exam Questions and Correct Answers Rated A+

Condominium and Cooperative Associations pay an annual fee of $ per residential unity, per to the DFCTSMH Trust Fund - ANSWER-$4.00/ Year Requires membership in the community association - ANSWER-What is a condominium?

Cooperative Act - ANSWER-FS 719

Homeowners Association (HOA) - ANSWER-FS 720

Mandatory content of a declaration ( condos) - ANSWER-FS 718.104

No Stairs to Climb - ANSWER-F.S. 399 (Elevators)

Who Do We Compensate - ANSWER-F.S. 468, part VIII (Community Association Manager Law)

No Pests for you! - ANSWER-F.S. 482 (Pest Control)

Securitee! - ANSWER-F.S. 493 (Security)

Keep the Pool Clean - ANSWER-F.S. 514 (Public Pools)

Not Free (Zero in number) Corporation - ANSWER-F.S. 607 (Profit)

Not for Profit (this is one) 1 in the number Corporation - ANSWER-F.S. 617 (Not for Profit)

pH of pool water must be maintained at: - ANSWER-7.2-7.8

A windstorm self insurance group (pool) must include 3 or more associations, all of which must be residential, with not less than 50 units. - ANSWER-True

The voting member must place an election ballot in an inner envelope, and place the inner envelope in an outer envelope, which the member signs. - ANSWER-Procedures for voting for members who are not in attendance at the annual meeting.

The purpose of Regulatory Council of Community Association Managers (RCCAM) is to

• ANSWER-Provide licensure and continuing education requirements and establish

standards of professional conduct for CAMS and CABs.A volunteer director who is not compensated for his or her duties as a director need not have a CAM license - ANSWER-True Prospective members must receive certain information from an HOA when purchasing a new unit, in the form of an HOA Disclosure - ANSWER-True

An employee of the ombudsman's office may not serve as an officer in a local, state, or national political party - ANSWER-True

Components of a collection policy should not include court charges for filing of liens - ANSWER-True

At will means - ANSWER-an employee who may be dismissed at any time for any non- discriminatory reasons, with or without cause .

• ANSWER-Protected

The Ombudsman duties include but are not limited to - 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 - ANSWER-Once very two years on October 1st of odd numbered years.

HOA's must file for arbitration with DBPR when members contest elections of recalls - ANSWER-True

Pursuant to FS 720, an HOA has all the following powers in an emergency declared by

the governer: - 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 - 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: - 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 community Association Manager - ANSWER-

40/$100,000

How many members are there on the Regulatory Council of Condominium Managers? - ANSWER-7 members appointed by the Governor of the State

Cooperative - 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? - ANSWER-When its declaration of covenants is recorded in the public records of the county in which the property is located.

Timeshare - ANSWER-a community that permits units to be owned and occupied for fixed period of time in a given year.

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. - 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. - ANSWER-True

Who can vote at Member Meetings - 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 - ANSWER-True

The Cooperative and HOA Acts are silent with respect to term limits - 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 - ANSWER-True

Provides the rules for distribution of condominium or association property and proceeds from the sale of condominium and association property. - ANSWER-FS 718.117

The termination of a condominium does not change the corporate status of the association. - ANSWER-True

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. - 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. - 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. - ANSWER-True