CMCA QUESTION BANK SET 2026
VERIFIED ANSWERS FOR
GUARANTEED PASS
◉ C. Maintenance responsibility chart along, with the governing
documents, defines parameters of association maintenance
responsibility.
The other answers have no bearing on necessity of maintenance or
maintenance responsibility.
Answer: The primary management control tool for identifying whether
the association needs to maintain a particular property element is:
A. Physical inspections
B. Association bylaws
C. Maintenance responsibility chart
D. Community asset inventory
◉ B. Re-roofing the buildings - Large contracts involving significant
material purchase and/or use of sub-contractors commonly include lien
waivers and should be recommended to the board.
A, C, and D typically do not include significant material purchases or
the use of sub-contractors so a waiver of lien is not necessary.
Answer: In what type of a contract would a waiver of lien by
recommended?
,A. Repair of the HVAC system
B. Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning
◉ B. Maintain certain limits of insurance - Co-insurance seeks to the
limits of insurance in place at the time of a loss and speaks to insurance
obligation for the parties involved in the claim.
Co-insurance does not obligate the Association to pay a deductible.
Provides no obligation to provide insurance for homeowners.
Answer: What does "Co-Insurance" obligate the Association to do?
A. Pay the deductible
B. Maintain certain limits of insurance
C. Cover the depreciated value of all association buildings
D. Provide insurance for homeowners
◉ A. Negotiate contracts within the bidding process.
Incorrect Answers:
B. Employment practices liability insurance is typically purchased by an
association that has employees to provide coverage against certain types
,of claims by those employees, and usually accompanies a workers
compensation insurance policy.
C. The association MUST NEVER assume that contractors carry their
own insurance coverage and should require all contractors to provide
evidence of insurance.
D. D&O insurance policies is designed to pay for wrongful acts that do
not lead to property damage (PD), bodily injury (BI), personal injury
(PI), or advertising injury (AI); an example of a claim for coverage
under D&O would be if a board of directors is accused of not uniformly
enforcing rules or covenants. Therefore, it is unlikely that the services of
independent contractors would lead to claims under D&O.
Answer: When an association contracts out all of its services and has no
employees, it is a best business practice to:
A. Negotiate contracts within the bidding process.
B. Purchase employment practices liability insurance.
C. Assume the contractors carry their own insurance coverage.
D. Increase the coverage under the D&O insurance policy.
◉ A. Did not notify association of their current address. It is the owner's
responsibility to provide current contact information to Management.
Incorrect:
, B. The duty to notify all owners of meetings belongs to the Board, which
is often delegated to Management.
C. Signing a petition to hold a meeting is not legal notice of the meeting.
The duty to notify all owners of meetings belongs to the Board, which is
often delegated to Management.
D. The notice of meetings is sent to the "Owner of Record" at the last
known address. In the case of multiple owners sharing title to a unit, the
owners of that unity have the duty to notify the Board/Management
which one of the owners will receive notices, and provide current
contact information.
Answer: If an owner fails to receive notice of a meeting, the association
is not responsible if the owner:
A. Did not notify association of their current address.
B. Does not usually attend the meetings.
C. Already signed the petition to call the meeting.
D. Shares title with multiple owners.
◉ A. Governing documents
Incorrect:
B. The maintenance plan is plan for doing repairs.
VERIFIED ANSWERS FOR
GUARANTEED PASS
◉ C. Maintenance responsibility chart along, with the governing
documents, defines parameters of association maintenance
responsibility.
The other answers have no bearing on necessity of maintenance or
maintenance responsibility.
Answer: The primary management control tool for identifying whether
the association needs to maintain a particular property element is:
A. Physical inspections
B. Association bylaws
C. Maintenance responsibility chart
D. Community asset inventory
◉ B. Re-roofing the buildings - Large contracts involving significant
material purchase and/or use of sub-contractors commonly include lien
waivers and should be recommended to the board.
A, C, and D typically do not include significant material purchases or
the use of sub-contractors so a waiver of lien is not necessary.
Answer: In what type of a contract would a waiver of lien by
recommended?
,A. Repair of the HVAC system
B. Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning
◉ B. Maintain certain limits of insurance - Co-insurance seeks to the
limits of insurance in place at the time of a loss and speaks to insurance
obligation for the parties involved in the claim.
Co-insurance does not obligate the Association to pay a deductible.
Provides no obligation to provide insurance for homeowners.
Answer: What does "Co-Insurance" obligate the Association to do?
A. Pay the deductible
B. Maintain certain limits of insurance
C. Cover the depreciated value of all association buildings
D. Provide insurance for homeowners
◉ A. Negotiate contracts within the bidding process.
Incorrect Answers:
B. Employment practices liability insurance is typically purchased by an
association that has employees to provide coverage against certain types
,of claims by those employees, and usually accompanies a workers
compensation insurance policy.
C. The association MUST NEVER assume that contractors carry their
own insurance coverage and should require all contractors to provide
evidence of insurance.
D. D&O insurance policies is designed to pay for wrongful acts that do
not lead to property damage (PD), bodily injury (BI), personal injury
(PI), or advertising injury (AI); an example of a claim for coverage
under D&O would be if a board of directors is accused of not uniformly
enforcing rules or covenants. Therefore, it is unlikely that the services of
independent contractors would lead to claims under D&O.
Answer: When an association contracts out all of its services and has no
employees, it is a best business practice to:
A. Negotiate contracts within the bidding process.
B. Purchase employment practices liability insurance.
C. Assume the contractors carry their own insurance coverage.
D. Increase the coverage under the D&O insurance policy.
◉ A. Did not notify association of their current address. It is the owner's
responsibility to provide current contact information to Management.
Incorrect:
, B. The duty to notify all owners of meetings belongs to the Board, which
is often delegated to Management.
C. Signing a petition to hold a meeting is not legal notice of the meeting.
The duty to notify all owners of meetings belongs to the Board, which is
often delegated to Management.
D. The notice of meetings is sent to the "Owner of Record" at the last
known address. In the case of multiple owners sharing title to a unit, the
owners of that unity have the duty to notify the Board/Management
which one of the owners will receive notices, and provide current
contact information.
Answer: If an owner fails to receive notice of a meeting, the association
is not responsible if the owner:
A. Did not notify association of their current address.
B. Does not usually attend the meetings.
C. Already signed the petition to call the meeting.
D. Shares title with multiple owners.
◉ A. Governing documents
Incorrect:
B. The maintenance plan is plan for doing repairs.
