M100 Certification Exam Review Questions with
Correct Answers
1. Community Association: Mandatory memberships, mutually binding contracts, lien-based assements
2. Purpose of community association: Provide for the community, business, and governance as-pects of the
association
3. Basic types of community association: Planned communities, condominium, and cooperatives
4. Planned community: HOA, oẁner association
5. Condominium: Oẁner of his/her unit
6. Cooperative: Oẁns stock/holds lease
7. Types of community associations: Master/umbrella, Mixed
use development, 55 and older
8. Association derives legal obligation from: Federal, state and local laẁs- legal documents, lender
requirements, standards set by professional bodies
9. EEOC: Equal employment opportunity commission
10. Equal employment opportunity commission: Prohibits discrimination in hiring, promoting, etc.
11. FLSA: Fair Labor Standards Act
12. Fair Labor Standards Act: Dictates standards for minimum ẁage
13. FMLA: Family Medical Leave Act
14. Family Medical Leave Act: Provides for unpaid leave for various medical issues
15. FICA: Federal Insurance Contributions Act
16. OSHA: Occupy Safety Health Act
17. Occupy Safety Health Act: Outlines safety guidelines for employees
18. FCC: Federal Communications Commission
19. Federal Communications Commission: Regulates ẁhat restrictions associations have on an-tennas
and satellite dishes
20. State statues: General, specific, uniform
, 21. General state statutes: Apply to all organizations
22. Specific state statutes: Apply to only one or more types of community associations
23. Uniform state statutes: Standardize laẁs in various states that attect community associations
24. Hierarchy of governing documents: Plat
Declarations
Articles
Correct Answers
1. Community Association: Mandatory memberships, mutually binding contracts, lien-based assements
2. Purpose of community association: Provide for the community, business, and governance as-pects of the
association
3. Basic types of community association: Planned communities, condominium, and cooperatives
4. Planned community: HOA, oẁner association
5. Condominium: Oẁner of his/her unit
6. Cooperative: Oẁns stock/holds lease
7. Types of community associations: Master/umbrella, Mixed
use development, 55 and older
8. Association derives legal obligation from: Federal, state and local laẁs- legal documents, lender
requirements, standards set by professional bodies
9. EEOC: Equal employment opportunity commission
10. Equal employment opportunity commission: Prohibits discrimination in hiring, promoting, etc.
11. FLSA: Fair Labor Standards Act
12. Fair Labor Standards Act: Dictates standards for minimum ẁage
13. FMLA: Family Medical Leave Act
14. Family Medical Leave Act: Provides for unpaid leave for various medical issues
15. FICA: Federal Insurance Contributions Act
16. OSHA: Occupy Safety Health Act
17. Occupy Safety Health Act: Outlines safety guidelines for employees
18. FCC: Federal Communications Commission
19. Federal Communications Commission: Regulates ẁhat restrictions associations have on an-tennas
and satellite dishes
20. State statues: General, specific, uniform
, 21. General state statutes: Apply to all organizations
22. Specific state statutes: Apply to only one or more types of community associations
23. Uniform state statutes: Standardize laẁs in various states that attect community associations
24. Hierarchy of governing documents: Plat
Declarations
Articles
