AND ANSWERS GUARANTEE A+ 2025/2026
✔✔What is required before an association can impose a fine for violating a rule?
Choose only ONE best answer.
A) Compliance with the requirements set forth in NRS 116.31031
B) A verbal warning
C) A unanimous vote by all unit owners
D) Approval by a local government agency - ✔✔A) Compliance with the requirements
set forth in NRS 116.31031
✔✔What type of projects qualify as "association projects" under NRS 116.31086?
Choose only ONE best answer.
A) Only maintenance and repairs
B) Maintenance, repairs, replacements, and professional services
C) Landscaping services only
D) Internal administrative services - ✔✔B) Maintenance, repairs, replacements, and
professional services
✔✔If a unit owner submits a written complaint about the executive board, what must the
board do upon request?
Choose only ONE best answer.
A) Place the complaint on the agenda for the next regularly scheduled meeting
B) Ignore the complaint unless legally required to respond
C) Respond within 30 days with a written decision
D) Discuss it only in an executive session - ✔✔A) Place the complaint on the agenda for
the next regularly scheduled meeting. *The board must also acknowledge receipt of the
complaint and notify the owner of this right within 10 business days
✔✔Choose only ONE best answer.
A) 24 hours
B) 5 business days
C) 10 business days
D) 30 days - ✔✔B) 5 business days
✔✔Can a vote be cast by proxy for the election or removal of a member of the
executive board?
Choose only ONE best answer.
A) No, unless it is a master association governing a time-share plan
B) Yes, in all circumstances
C) Yes, only if the vote is unanimous
D) No, under any circumstances - ✔✔A) No, unless it is a master association governing
a time-share plan
✔✔Before imposing a fine, the executive board must:
,Choose only ONE best answer.
A) Hold a hearing, unless waived by the unit owner
B) Conduct an inspection every 30 days
C) Report the violation to local law enforcement
D) Obtain permission from a majority of unit owners - ✔✔A) Hold a hearing, unless
waived by the unit owner
✔✔What is the maximum fine per hearing that the executive board can impose for
violations that do not pose an imminent threat?
Choose only ONE best answer.
A) $500 per hearing
B) $1,000 per hearing
C) $100 per violation, up to $1,000 per hearing
D) $50 per violation - ✔✔C) $100 per violation, up to $1,000 per hearing
✔✔The executive board may prohibit a unit owner or tenant from using common
elements, except for:
Choose only ONE best answer.
A) Recreational facilities
B) Swimming pools
C) Fitness centers
D) Vehicular or pedestrian ingress and egress to the unit - ✔✔D) Vehicular or
pedestrian ingress and egress to the unit
✔✔Under NRS 116.31031, what can the executive board do if a unit owner, tenant, or
invitee violates the governing documents?
Choose only ONE best answer.
A) Evict the unit owner from the property
B) Impose a fine or restrict the use of common elements
C) Confiscate personal property from the unit
D) Cancel the unit owner's membership in the association - ✔✔B) Impose a fine or
restrict the use of common elements
✔✔What is the penalty for failing to provide requested records to a unit owner or
Ombudsman within 21 days?
Choose only ONE best answer.
A) $10 per day
B) $25 per day
C) $50 per day
D) No penalty - ✔✔B) $25 per day
✔✔Which of the following records must be made available to unit owners?
Choose only ONE best answer.
A) Architectural plans of another owner
B) Financial statements and budgets
, C) Personnel disciplinary records
D) Executive board meeting drafts - ✔✔B) Financial statements and budgets
✔✔What is the maximum charge for reviewing records per hour?
Choose only ONE best answer.
A) $10
B) $15
C) $25
D) $50 - ✔✔C) $25
✔✔The maximum cost for three hours of mediation is:
Choose only ONE best answer.
A) $200
B) $500
C) $1,000
D) Free of charge - ✔✔B) $500
✔✔If parties fail to agree on a mediator, who appoints one?
Choose only ONE best answer.
A) The court
B) The Division
C) The local homeowners' association
D) The state governor - ✔✔B) The Division
✔✔In an emergency, notice of a meeting may be provided by:
Choose only ONE best answer.
A) Posting in a common area
B) Mailing a letter only
C) Calling each unit owner individually
D) Texting all members - ✔✔A) Posting in a common area
✔✔What must the association maintain until the common-interest community is
terminated?
Choose only ONE best answer.
A) Meeting minutes
B) Insurance policies
C) Bank statements
D) Emails between board members - ✔✔A) Meeting minutes
✔✔How often must the executive board review financial statements?
Choose only ONE best answer.
A) Monthly
B) Annually
C) Quarterly