Community Association Manager (CAM) Flashcards
(3 cards)
1
Q
What kind of residences does a CAM manage?
A
mobile home parks, PUDs, HOAs, coops, time-shares, condos, and other residential units
PUDs stands for planned unit developments, and HOAs refer to homeowners associations.
2
Q
A CAM license is required when the association consists of more than ___ units or an annual budget in excess of _____
A
10 units; $100,000
3
Q
Is a CAM license required to manage apartment buildings, commercial property, or single-family dwellings?
A
no