The Community Association Manager Program is a composition of the regulatory elements of legislation related to the implementation of House Bill 13-1277. This program enables an individual, firm or a limited liability company, an association or a corporation to become a licensed community association manager. This is a mandatory program and anyone intends to become a community association manager has to undergo this program. The purview of the license includes licensure of the professional managers who are engaged in other common interest communities like residential, commercial, condo hotels and timeshare communities.
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There are certain continuing education requirements for the licensed community association manager where the licensed community association manager is supposed to have completed eight (8) hours of continuing education courses in approved subject material every year. An active license of a community association manager can only be renewed once a proof of completion of the continuing education is provided. Similar proof is also required in the cases of activating the inactive license or reinstating an expired license to an active license. There is an alternative to the continuing education. One can also appear and pass the Colorado State conducted community association manager test and the passing certificate is also valid and can be used in lieu of the eight (8) hours of continuing education. There are other types of educational provisions that are also valid for meeting the requirement for obtaining license or activating an inactive or expired license. Those who have not completed the twenty four (24) hours program approved by Division of Real Estate must be a Certified Manager of Community Associations or Association Management Specialist or Professional Community Association Manager. If a person, firm, company etc. holds a real estate license in Colorado, the community association manager program provides the continuing education credit towards the next license renewal. In this case, the full community association manager program provides twenty four (24) hours of continuing education to renew the Colorado real estate license. There are certain statutory exemptions allowed to the licensure which are based on certain criterion laid down as per which the exemptions can be sought.
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Interested in becoming a Community Association Manager (CAM)? Attend the 18 hour Community Association Manager Pre-license Course, which is required for those who want to manage homeowners and condominium associations of more than 10 units or have an annual budget in excess of $100,000. Once you complete the course, it is up to you to schedule your exam date with the State of Florida within 12 months of completing the pre-license education to obtain the license.
License is required for those who want to manage homeowners and condominium associations of more than 10 units or have an annual budget in excess of $100,000.
Be at least 18 years of age
File a complete application
Submit electronic fingerprints taken through a FDLE approved vendor
Complete the 18 hours of CAM approved pre-licensure education
Pay the appropriate fees
Be of good moral character
Pass the state exam
Community association management can be applicable to mobile home parks, planned unit developments, homeowners associations, cooperatives, timeshares, condominiums, or other residential units, which are part of a residential development scheme and which are authorized to impose a fee that may become a lien on the parcel. Activities include: 1) controlling or disbursing association funds; 2) determining how or when to prepare budgets or other financial documents for an association; 3) determining how or when to provide notice of meetings or to conduct association meetings; 4) maintaining and/or having authorization to spend association petty cash; 5) coordinating maintenance for the residential development; and 6) performing other day-to-day services involved with the operation of a community association.
Our CAM course, with the school exam, is approved as a 25-hour Post-license course and approved for 24 hours of continuing education credit without the exam. Course content is excellent information for anyone, especially community association volunteers, working for their neighborhood association. You will learn:
Extensive review of licensing requirements;
Overview of principles of agency & brokerage;
Detailed analysis of maintenance, budgeting, & rule enforcement;
Comprehensive examination of accounting principles & application to community associations;
Explanations of trust accounting requirements; and
Review of fair housing laws, telecommunications laws, federal income tax laws, the GA Condominium Act, & the GA Property Owners’ Association Act.