Fl Cam License Questions And Answers

FL CAM LICENSE QUESTIONS AND ANSWERSFlorida Condominium Law is contained in which Chapter of the Florida Statutes? - Answer- 718Minutes of meeting of the BOD must be maintained for: - Answer- 7 yearsEmergency powers of a condominium board, if a state of emergency has been declared, include: - Answer- Borrow money and pledge association assets as collateral to fund emergency repairsA condominium association files a lien for unpaid assessments against one of its unit owners, the lien is effective for: - Answer- One year after claim of lien was recordedWith respect to a condominium association, which of the following statements is true: - Answer- The declaration may provided that certain limited common elements shall be maintained by those entitled to use the limited common elements.Notice of the Association annual meeting must contain: - Answer- Purpose of the meeting, place, date and timeA co-op association's reserves do not generally include an amount for: - Answer- Flood insurance premiums of $13,000Condominium owners own the condominium parcel and what type of interest in the common elements? - Answer- UndividedA claim of lien against a