NEVADA COMMUNITY MANAGER COMPREHENSIVE
EXAMS QUESTIONS AND ANSWERS GUARANTEE A+
2025/2026
✔✔What is the required cybersecurity insurance amount for an association with more
than 250 units?
Choose only ONE best answer.
A) $250,000
B) $500,000
C) $1,000,000
D) $5,000,000 - ✔✔C) $1,000,000
✔✔What must the bylaws specify regarding amendments?
Choose only ONE best answer.
A) A method for unit owners to amend the bylaws
B) That the executive board has sole authority to amend them
C) That amendments are prohibited
D) That amendments require approval from the state legislature - ✔✔A) A method for
unit owners to amend the bylaws
✔✔How must the bylaws be written?
Choose only ONE best answer.
A) In plain English
B) In legal language only
C) Using technical terms understood only by the executive board
D) In multiple languages to accommodate all residents - ✔✔A) In plain English
✔✔What is the maximum number of email addresses a unit owner may designate to
receive notices?
Choose only ONE best answer.
A) Unlimited
B) 3
C) 2
D) 1 - ✔✔D) 1
✔✔If damage occurs during access for maintenance, who is responsible for repairs?
Choose only ONE best answer.
A) The unit owner responsible for the damage or the association if it is responsible
B) The executive board must cover the cost
C) The state provides funding for repairs
D) None of the above - ✔✔A) The unit owner responsible for the damage or the
association if it is responsible
✔✔How is a quorum determined for an executive board meeting?
,Choose only ONE best answer.
A) By the number of unit owners present
B) By at least 20% of unit owners voting in person
C) By the majority of votes on the executive board
D) By unanimous vote of all board members - ✔✔C) By the majority of votes on the
executive board
✔✔What happens if a unit owner's assessment for common expenses is 60 days or
more past due?
Choose only ONE best answer.
A) The association must immediately foreclose on the unit
B) The unit owner loses voting rights permanently
C) Interest is charged at the prime rate plus 2%
D) The unit owner is exempt from future assessments - ✔✔C) Interest is charged at the
prime rate plus 2%
✔✔If a unit owner causes damage through willful misconduct or gross negligence, who
is responsible for the repair costs?
Choose only ONE best answer.
A) The association covers all costs
B) The cost is assessed exclusively against the responsible unit's owner
C) The cost is shared among all unit owners
D) The executive board pays for the damages personally - ✔✔B) The cost is assessed
exclusively against the responsible unit's owner
✔✔Can votes be cast by proxy for the election or removal of an executive board
member?
Choose only ONE best answer.
A) No, except for a master association governing a time-share plan
B) Yes, always
C) Only if the proxy holder is a board member
D) Only if the vote is conducted electronically - ✔✔A) No, except for a master
association governing a time-share plan
✔✔In a planned community, who is liable for expenses related to real estate where
developmental rights have expired?
Choose only ONE best answer.
A) The current unit owners
B) The declarant, unless the declaration states otherwise
C) The homeowners' association
D) The city or county government - ✔✔B) The declarant, unless the declaration states
otherwise
✔✔What is the purpose of cybersecurity insurance for associations that allow online
payments?
, Choose only ONE best answer.
A) To protect against financial loss from unpaid dues
B) To provide coverage for unauthorized acquisition of personal information
C) To ensure every unit owner has access to the website
D) To protect against lost revenue from foreclosure sales - ✔✔B) To provide coverage
for unauthorized acquisition of personal information
✔✔What rules must govern the conduct of association meetings unless the bylaws state
otherwise?
Choose only ONE best answer.
A) The Nevada State Business Code
B) The Federal Fair Housing Act
C) Robert's Rules of Order Newly Revised
D) The Internal Revenue Code - ✔✔C) Robert's Rules of Order Newly Revised
✔✔How may unit owners vote at a meeting?
Choose only ONE best answer.
A) Only in person
B) By absentee ballot, proxy, or electronic or paper ballot
C) Only electronically
D) Through verbal agreement with the executive board - ✔✔B) By absentee ballot,
proxy, or electronic or paper ballot
✔✔If a fine is imposed, what must the association provide upon request within 60 days
of payment?
Choose only ONE best answer.
A) A detailed letter of apology
B) A full refund of any fines paid
C) A statement of the remaining balance owed
D) A waiver of any future violations - ✔✔C) A statement of the remaining balance owed
✔✔If a unit is owned by multiple owners and more than one is present at a meeting,
how is the vote cast?
Choose only ONE best answer.
A) Each owner may vote separately
B) The votes may only be cast in accordance with the agreement of the majority of the
owners
C) The votes must be split equally among all owners
D) The vote is not counted unless all owners agree - ✔✔B) The votes may only be cast
in accordance with the agreement of the majority of the owners
✔✔What percentage of votes is typically required to establish a quorum at a meeting of
the unit owners?
Choose only ONE best answer.
A) 10%
EXAMS QUESTIONS AND ANSWERS GUARANTEE A+
2025/2026
✔✔What is the required cybersecurity insurance amount for an association with more
than 250 units?
Choose only ONE best answer.
A) $250,000
B) $500,000
C) $1,000,000
D) $5,000,000 - ✔✔C) $1,000,000
✔✔What must the bylaws specify regarding amendments?
Choose only ONE best answer.
A) A method for unit owners to amend the bylaws
B) That the executive board has sole authority to amend them
C) That amendments are prohibited
D) That amendments require approval from the state legislature - ✔✔A) A method for
unit owners to amend the bylaws
✔✔How must the bylaws be written?
Choose only ONE best answer.
A) In plain English
B) In legal language only
C) Using technical terms understood only by the executive board
D) In multiple languages to accommodate all residents - ✔✔A) In plain English
✔✔What is the maximum number of email addresses a unit owner may designate to
receive notices?
Choose only ONE best answer.
A) Unlimited
B) 3
C) 2
D) 1 - ✔✔D) 1
✔✔If damage occurs during access for maintenance, who is responsible for repairs?
Choose only ONE best answer.
A) The unit owner responsible for the damage or the association if it is responsible
B) The executive board must cover the cost
C) The state provides funding for repairs
D) None of the above - ✔✔A) The unit owner responsible for the damage or the
association if it is responsible
✔✔How is a quorum determined for an executive board meeting?
,Choose only ONE best answer.
A) By the number of unit owners present
B) By at least 20% of unit owners voting in person
C) By the majority of votes on the executive board
D) By unanimous vote of all board members - ✔✔C) By the majority of votes on the
executive board
✔✔What happens if a unit owner's assessment for common expenses is 60 days or
more past due?
Choose only ONE best answer.
A) The association must immediately foreclose on the unit
B) The unit owner loses voting rights permanently
C) Interest is charged at the prime rate plus 2%
D) The unit owner is exempt from future assessments - ✔✔C) Interest is charged at the
prime rate plus 2%
✔✔If a unit owner causes damage through willful misconduct or gross negligence, who
is responsible for the repair costs?
Choose only ONE best answer.
A) The association covers all costs
B) The cost is assessed exclusively against the responsible unit's owner
C) The cost is shared among all unit owners
D) The executive board pays for the damages personally - ✔✔B) The cost is assessed
exclusively against the responsible unit's owner
✔✔Can votes be cast by proxy for the election or removal of an executive board
member?
Choose only ONE best answer.
A) No, except for a master association governing a time-share plan
B) Yes, always
C) Only if the proxy holder is a board member
D) Only if the vote is conducted electronically - ✔✔A) No, except for a master
association governing a time-share plan
✔✔In a planned community, who is liable for expenses related to real estate where
developmental rights have expired?
Choose only ONE best answer.
A) The current unit owners
B) The declarant, unless the declaration states otherwise
C) The homeowners' association
D) The city or county government - ✔✔B) The declarant, unless the declaration states
otherwise
✔✔What is the purpose of cybersecurity insurance for associations that allow online
payments?
, Choose only ONE best answer.
A) To protect against financial loss from unpaid dues
B) To provide coverage for unauthorized acquisition of personal information
C) To ensure every unit owner has access to the website
D) To protect against lost revenue from foreclosure sales - ✔✔B) To provide coverage
for unauthorized acquisition of personal information
✔✔What rules must govern the conduct of association meetings unless the bylaws state
otherwise?
Choose only ONE best answer.
A) The Nevada State Business Code
B) The Federal Fair Housing Act
C) Robert's Rules of Order Newly Revised
D) The Internal Revenue Code - ✔✔C) Robert's Rules of Order Newly Revised
✔✔How may unit owners vote at a meeting?
Choose only ONE best answer.
A) Only in person
B) By absentee ballot, proxy, or electronic or paper ballot
C) Only electronically
D) Through verbal agreement with the executive board - ✔✔B) By absentee ballot,
proxy, or electronic or paper ballot
✔✔If a fine is imposed, what must the association provide upon request within 60 days
of payment?
Choose only ONE best answer.
A) A detailed letter of apology
B) A full refund of any fines paid
C) A statement of the remaining balance owed
D) A waiver of any future violations - ✔✔C) A statement of the remaining balance owed
✔✔If a unit is owned by multiple owners and more than one is present at a meeting,
how is the vote cast?
Choose only ONE best answer.
A) Each owner may vote separately
B) The votes may only be cast in accordance with the agreement of the majority of the
owners
C) The votes must be split equally among all owners
D) The vote is not counted unless all owners agree - ✔✔B) The votes may only be cast
in accordance with the agreement of the majority of the owners
✔✔What percentage of votes is typically required to establish a quorum at a meeting of
the unit owners?
Choose only ONE best answer.
A) 10%
