Final answer:
A CAM (Community Association Manager) license is required for managing a subdivision association, responsible for overseeing the operations and maintenance of common areas in a residential community.
Step-by-step explanation:
A CAM (Community Association Manager) license is required for managing a subdivision association. It allows individuals to manage and oversee the operations of a subdivision association, which is responsible for maintaining and managing common areas and amenities in a residential community.
For example, a CAM license holder may handle tasks such as collecting homeowner association fees, ensuring compliance with community rules and regulations, coordinating maintenance and repairs, and organizing community events and meetings.
Therefore, option d) Manager of a subdivision association is the correct answer.