LaverneB (Florida)
Posts: 79
Posts: 79
Posted:
In Florida I am told that if a HOA has more then 500,000.00 in operating fund our office person needs a CAM license? Anyone know about this?
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CAM ?
Started by LaverneB • 6 replies • 668 views
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AugustinD
Posts: 5,144
Posts: 5,144
Posted:
People from Florida will chime in. For now, see http://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&Search_String=&URL=0400-0499/0468/Sections/0468.432.html
SheliaH (Indiana)
Posts: 6,964
Posts: 6,964
Posted:
Did you try Googling this? I did and came up with the Florida Department of Business and Professional Regulation, which has information on getting a CAM license, so you may want to contact them.
Here's a link to the home page of its website - http://www.myfloridalicense.com/DBPR/
Here's another for information on the CAM license - https://www.myfloridalicense.com/CheckListDetail.asp?SID&xactCode=1010&clientCode=3801&XACT_DEFN_ID=6440
Here's a link to the home page of its website - http://www.myfloridalicense.com/DBPR/
Here's another for information on the CAM license - https://www.myfloridalicense.com/CheckListDetail.asp?SID&xactCode=1010&clientCode=3801&XACT_DEFN_ID=6440
If it is not right do not do it; if it is not true do not say it. Marcus Aurelius
EdC5 (Florida)
Posts: 117
Posts: 117
Posted:
As a Fl CAM I'll chime in. On it's most basic level, anyone who manages a community association (condo, coop, HOA, timeshare, or MHA) needs to be licensed as a CAM by the state. If my amnesia serves, the exception to this is that if the association has less than 10 units and an annual budget of less than $100,000.
Edward J Cooke, CMCA, LCAM
JohnC46 (South Carolina)
Posts: 14,265
Posts: 14,265
Posted:
Laverne
Is the "office person your CAM or a GoFor?
Is the "office person your CAM or a GoFor?
GenoS (Florida)
Posts: 4,276
Posts: 4,276
Posted:
Quote:
Posted By LaverneB on 01/04/2019 8:06 AM
In Florida I am told that if a HOA has more then 500,000.00 in operating fund our office person needs a CAM license? Anyone know about this?
In Florida I am told that if a HOA has more then 500,000.00 in operating fund our office person needs a CAM license? Anyone know about this?
I think not. There's nothing in the HOA statute that directly talks about anything like this. There may be other licensing or business issues, or even insurance considerations I'm not aware of.
GenoS (Florida)
Posts: 4,276
Posts: 4,276
Posted:
OK, I found this page that says
"A CAM license is required when managing an association of more than 10 units and/or has an annual budget in excess of $100,000."
This comes from FS 468, Part VIII.
FS 468.431(2) says...
“Community association management” means any of the following practices requiring substantial specialized knowledge, judgment, and managerial skill when done for remuneration and when the association or associations served contain more than 10 units or have an annual budget or budgets in excess of $100,000:
So there's that, "when done for remuneration", and the budgetary threshold is $100,000. If your "office person" is being paid then whether or not he or she needs a CAM license depends on what tasks they're handling. The statute lists the practices considered to be "management" in a community association.
"A CAM license is required when managing an association of more than 10 units and/or has an annual budget in excess of $100,000."
This comes from FS 468, Part VIII.
FS 468.431(2) says...
“Community association management” means any of the following practices requiring substantial specialized knowledge, judgment, and managerial skill when done for remuneration and when the association or associations served contain more than 10 units or have an annual budget or budgets in excess of $100,000:
So there's that, "when done for remuneration", and the budgetary threshold is $100,000. If your "office person" is being paid then whether or not he or she needs a CAM license depends on what tasks they're handling. The statute lists the practices considered to be "management" in a community association.
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