How do I manage my HOA?

How do I manage my HOA?

Follow these tips to successfully self-manage an HOA:

1. Diligently Keep Records of Financial Transactions. Keeping track of your HOA finances is an important part of self-managing an HOA.
2. Assemble a Reliable Team.
3. Rely on Professional Advice.
4. Fulfill Board Duties.

How much is a CAM license in Florida?

Cost: $223.50, payable to the Florida DBPR. Licensing prerequisites: You must be at least 18 years of age. You must have a United States Social Security number.

Is the Florida CAM test hard?

The Florida CAM test is hard for those who come to the exam without any preparation. If you study the relevant subjects and complete the practice tests at least 1-2 hours a day, you are more likely to pass the test.

What is the difference between Cam and LCAM?

Think of the LCAM as someone trained and licensed by the state to take stress off of the shoulders of homeowners and Board members living under a Homeowners’ Association or Condominium Association. CAMs usually work in mobile home parks, planned unit developments, homeowners associations, condominiums and timeshares.

How much does a community association manager make in Florida?

The Bureau of Labor Statistics in 2020 reported the average salary of a licensed Community Association Manager in Florida was approximately $71,257 per year, with this salary varying depending on location and experience.

What is a LCAM?

An LCAM wears many hats, which often include advising the HOA Board and the community, monitoring an association’s finances, acting as a liaison when hiring and handling contractors, and advising the HOA Board on changes in state statutes and the like.

What does LCAM mean?

LCAM

Acronym	Definition
LCAM	Lung Cancer Awareness Month (Lung Cancer Alliance; Washington, DC)
LCAM	Licensed Community Association Manager
LCAM	Life Cycle Asset Manager
LCAM	Laboratory of Complex Automation and Mechatronics (Laval University; Canada)

How do I get LCAM?

To obtain a Community Association Manager (CAM) license in Florida you must:

1. Be at least 18 years of age.
2. Complete a state-approved 16-hour pre-licensing course.
3. Get your fingerprints taken.
4. Submit and obtain approval of a CAM application.
5. Pass the state examination with a score of 75% and over.

How do I get a PCAM?

What are the prerequisites for the PCAM designation?

1. Five years of direct community association management experience.
2. Successful completion of all six M-200 level courses (with the last PMDP course completed within the past five years).
3. Successfully passed the CMCA examination administered by CAMICB.