AND VERIFIED ANSWERS NEW UPDATE!!!!!!
Reasons for establishing community rules and architectural guidelines include each
of the following except:
a. there is the need to create a sense of fairness and equity among residents.
b. in contemporary society, people are more likely to question and challenge
authority.
c. in cases where rules have been poorly developed or enforced, the courts are
ruling against community associations.
d. fines imposed on residents who break community rules are frequently the
primary source of association income. - ANS... -D
True or false: according to the general hierarchy of authority for operating
community associations, rules and regulations take precedence over the articles of
incorporation. - ANS... -F
Which of the following is an example of an architectural guideline?
a. pets
b. noise
c. fencing
d. parking - ANS... -C
Each of the following are benefits of using the resolution process to adopt rules
except:
a. provides an informal approach to making rules
b. protects owners from arbitrary board actions
c. protects the community from charges that could result in inoperable rules
d. provides for consistency in making and wording rules - ANS... -A
Each of the following are sections of a resolution except:
a. authority
b. purpose
c. scope and intent
d. self help - ANS... -D
True or false: governing documents are one of the most important sources of a
community's authority to make and enforce rules. - ANS... -T
,Which of the following is not one of the basic steps in a due process procedure?
a. issue a "cease and desist" letter
b. issue a hearing notice if the violation does not end within the stated time
c. Hold the scheduled hearing if the violation does not end within the stated time.
d. Issue a decision before a hearing is held - ANS... -D
Quorum requirements conflicts are resolved by:
a. state statute
b. the board of directors
c. a vote of those present at a meeting
d. appointment of a person as a proxy - ANS... -A
Fidelity insurance provides coverage to ensure that the:
a. board will meet its fiduciary obligations.
b. manager will faithfully follow all document provisions.
c. association will be covered for shortfalls in the reserve accounts.
d. association will recover any funds lost through employee dishonesty - ANS... -D
Which types of management is the process of operating, maintaining, repairing,
and replacing common property?
a. human resources
b. facilities
c. financial
d. risk - ANS... -B
The higher a document's place in the hierarchy, the:
a. harder it is to implement
b. greater its power with the board
c. more it is regulated legally
d. great its legal weight in a court of law - ANS... -D
Based on which type of requirements would you choose a contractor over the
association to complete work?
a. low urgency, cost adequate tools available
b. high urgency, low supervision and training possibly needed
c. requires supervision, expertise required and low urgency
d. low costs, high urgency and borrowed tools - ANS... -C
, Who is required to be present for an annual association membership meeting to
conduct business?
a. the treasurer and the secretary
b. a quorum of the board of directors
c. all members of the board of directors
d. a quorum of the members - ANS... -D
Which of the following would a condominium unit member's personal insurance
policy cover when it is the primary insurance policy?
a. wind damage to the roof of the member's unit.
b. bodily injury due to a slip and fall in the common area in front of the member's
unit.
c. bodily injury due to the association using the member's automobile.
d. bodily injury due to a slip and fall within a member's unit. - ANS... -D
Community association governing documents and state statutes may require who
to be involved in preparing annual reports?
a. a CPA
b. the owners
c. an ad hoc committee
d. the management company - ANS... -A
What is a typical management control used to identify physical assets?
a. checklist
b. chart of information
c. inventory
d. calendar or schedule - ANS... -C
When a contractor fails to perform to the terms of the contract, which provision in
the contract allows the association to terminate?
a. default provisions
b. warranty provisions
c. insurance provisions
d. performance provisions - ANS... -A
Where can an individual find the owner and association's maintenance
responsibilities?
a. the plat map
b. the declaration
c. the state statute