P sa sg se s | s1
CAM s- sCOMMUNITY sASSOCIATION sMANAGER
s LICENSE sGA s2025| sBRAND sNEW sACTUAL
EXAM sWITH s100% sVERIFIED sQUESTIONS
s
s AND sCORRECT sSOLUTIONS| sGUARANTEED
s VALUE sPACK| sACE sYOUR sGRADES.
1099 sForm s- scorrect sanswer s- s- sUsed sto sreport svarious stypes sof
sincome spaid sto sothers sthat swould snot sbe sreported son sa sW-2
- Required sfor sunincorporated spayees sreceiving s$600 sor
smore sduring sany scalendar syear
- Must sbe sfiled swith sIRS sby sthe send sof sFebruary sfor sprevious
scalendar syear s(copies smust sbe ssent sto sthe spayee sby sthe
send sof sJanuary)
The ssubcontractor sor ssupplier sof smaterials sis scalled sa s"lien
sclaimant" sand scan srecord sits slien sin sthe sland srecords sof sthe
scounty swhere sthe sproperty sis slocated swithin s*how smany* sdays
sof sthe slast sdate sthat swork swas sperformed s- scorrect sanswer s- s90
The slien sclaimant smust sfield sa slien saction sagainst sthe shiring
sentity swithin s*how smany* sdays sfrom sthe sdate sthe slien swas sfiled
sor sthe slien sautomatically sexpires s- scorrect sanswer s- s365
, P sa sg se s | s2
In sorder sto scomply swith sthe sRight sto sRepair sAct, san sassociation
smust sprovide sthe scontractor swith sa snotice sof sthe sdefect s*how
smany* sdays sbefore sfiling ssuit s- scorrect sanswer s- s90
The scontractor shas s*how smany* sdays sto srespond, seither
saccepting sresponsibility, srejecting sresponsibility, sor sasking sfor
smore sinformation sand sthe sopportunity sto sinspect s- scorrect
sanswer s- s30
In sorder sto scomply swith sthe sRight sto sRepair sAct, san sassociation
sthat swishes sto smove sforward swith sa slawsuit smust sobtain
sapproval sof s*fraction* svote sof sthe smembership s- scorrect sanswer
s- s2/3
Two sRequired sinsurances sfor sGCAs s- scorrect sanswer s- s1.
sCGL s(commercial sgeneral sliability) s- s$1 smillion sfor ssingle
soccurrence sand s$2 smillion saggregate
2. sProperty sInsurance s(hazard/casualty)
True sor sFalse: sThe sGCA sinsurance swill scover smajority
sexcept spersonal sbelongings spf sowner sor supgrades sthey
shave smade s- scorrect sanswer s- sTrue
, P sa sg se s | s3
True sor sFalse: sThe sGCA scan scharge sa sunit sper sclaim smore sthan
$5,000 sfor stheir sdeductible. s- scorrect sanswer s- sFalse. sThe sGCA
sstates sthat sthey scan sonly scharge sUP sTO s$5,000 sof sa sdeductible
sto sa sunit sand scannot scharge smore.
Can sa sPOAA sand sHOA scharge smore sthan s$5,000 sin sa
sdeductible sto slot sowners? s- scorrect sanswer s- sYes, sthey scan,
sunlike sa sGCA.
True sof sFalse: sA ssmaller sdeductible sequals smore scostly
sinsurance splan s- scorrect sanswer s- sTrue, stherefore sa shigher
sdeductible swould smean sa smore saffordable splan
Statute sof sLimitations s- scorrect sanswer s- sTwo syears sfrom sthe
sdate sof sthe scovenant sviolation
Selective sEnforcement s- scorrect sanswer s- sAssociation sdoes snot
senforce sone sof sthe scovenants, sbut sdoes senforce sothers;
sAssociation senforces sa sparticular scovenant sdifferently sbetween
sand samong sowners
, P sa sg se s | s4
Laches s- scorrect sanswer s- sWatching san sowner sspend smoney
swhile scommitting sa sviolation sof sthe scovenants, sbut sboard sdoes
snothing sabout sit, sthe sassociation swill sbe sbarred sby sthe sdefense
s(i.e. swatching ssomeone spurchase sa spool sat sWalmart sand snot
ssaying sthey scan't sdo sthat)
Estoppel s- scorrect sanswer s- sThe sassociation swill snot sbe
spermitted sto ssuccessfully senforce sthe scovenants sif sthe sviolator
swas sinfluence sby sthe sconduct sor srepresentations sof sthe
sassociation s(i.e. sgiving sa snew sback sporch sa scompliment sand
snot sadvising sthat sis swas snot sapproved; sHave sto salways shave
son smanager shat)
Waiver s- scorrect sanswer s- sNot swritten sexplicitly show slong sbefore
sright sis swaived sto senforce sa scovenant; sbut sconsiders sany
swaived schance sthe sassociation shad sto sacknowledge
Vague sand sIndefinite s- scorrect sanswer s- sThe scovenant smust
sclearly sestablish sthe srights sand sobligations sof sthe sparties s(i.e.
s"offensive sactivity" sis sdeemed svague sand sindefinite
F sRE sS sH sCO sR sN s(in sregards sto sFair sHousing sAct) s- scorrect
sanswer s- sFamilial sStatus
REligion
CAM s- sCOMMUNITY sASSOCIATION sMANAGER
s LICENSE sGA s2025| sBRAND sNEW sACTUAL
EXAM sWITH s100% sVERIFIED sQUESTIONS
s
s AND sCORRECT sSOLUTIONS| sGUARANTEED
s VALUE sPACK| sACE sYOUR sGRADES.
1099 sForm s- scorrect sanswer s- s- sUsed sto sreport svarious stypes sof
sincome spaid sto sothers sthat swould snot sbe sreported son sa sW-2
- Required sfor sunincorporated spayees sreceiving s$600 sor
smore sduring sany scalendar syear
- Must sbe sfiled swith sIRS sby sthe send sof sFebruary sfor sprevious
scalendar syear s(copies smust sbe ssent sto sthe spayee sby sthe
send sof sJanuary)
The ssubcontractor sor ssupplier sof smaterials sis scalled sa s"lien
sclaimant" sand scan srecord sits slien sin sthe sland srecords sof sthe
scounty swhere sthe sproperty sis slocated swithin s*how smany* sdays
sof sthe slast sdate sthat swork swas sperformed s- scorrect sanswer s- s90
The slien sclaimant smust sfield sa slien saction sagainst sthe shiring
sentity swithin s*how smany* sdays sfrom sthe sdate sthe slien swas sfiled
sor sthe slien sautomatically sexpires s- scorrect sanswer s- s365
, P sa sg se s | s2
In sorder sto scomply swith sthe sRight sto sRepair sAct, san sassociation
smust sprovide sthe scontractor swith sa snotice sof sthe sdefect s*how
smany* sdays sbefore sfiling ssuit s- scorrect sanswer s- s90
The scontractor shas s*how smany* sdays sto srespond, seither
saccepting sresponsibility, srejecting sresponsibility, sor sasking sfor
smore sinformation sand sthe sopportunity sto sinspect s- scorrect
sanswer s- s30
In sorder sto scomply swith sthe sRight sto sRepair sAct, san sassociation
sthat swishes sto smove sforward swith sa slawsuit smust sobtain
sapproval sof s*fraction* svote sof sthe smembership s- scorrect sanswer
s- s2/3
Two sRequired sinsurances sfor sGCAs s- scorrect sanswer s- s1.
sCGL s(commercial sgeneral sliability) s- s$1 smillion sfor ssingle
soccurrence sand s$2 smillion saggregate
2. sProperty sInsurance s(hazard/casualty)
True sor sFalse: sThe sGCA sinsurance swill scover smajority
sexcept spersonal sbelongings spf sowner sor supgrades sthey
shave smade s- scorrect sanswer s- sTrue
, P sa sg se s | s3
True sor sFalse: sThe sGCA scan scharge sa sunit sper sclaim smore sthan
$5,000 sfor stheir sdeductible. s- scorrect sanswer s- sFalse. sThe sGCA
sstates sthat sthey scan sonly scharge sUP sTO s$5,000 sof sa sdeductible
sto sa sunit sand scannot scharge smore.
Can sa sPOAA sand sHOA scharge smore sthan s$5,000 sin sa
sdeductible sto slot sowners? s- scorrect sanswer s- sYes, sthey scan,
sunlike sa sGCA.
True sof sFalse: sA ssmaller sdeductible sequals smore scostly
sinsurance splan s- scorrect sanswer s- sTrue, stherefore sa shigher
sdeductible swould smean sa smore saffordable splan
Statute sof sLimitations s- scorrect sanswer s- sTwo syears sfrom sthe
sdate sof sthe scovenant sviolation
Selective sEnforcement s- scorrect sanswer s- sAssociation sdoes snot
senforce sone sof sthe scovenants, sbut sdoes senforce sothers;
sAssociation senforces sa sparticular scovenant sdifferently sbetween
sand samong sowners
, P sa sg se s | s4
Laches s- scorrect sanswer s- sWatching san sowner sspend smoney
swhile scommitting sa sviolation sof sthe scovenants, sbut sboard sdoes
snothing sabout sit, sthe sassociation swill sbe sbarred sby sthe sdefense
s(i.e. swatching ssomeone spurchase sa spool sat sWalmart sand snot
ssaying sthey scan't sdo sthat)
Estoppel s- scorrect sanswer s- sThe sassociation swill snot sbe
spermitted sto ssuccessfully senforce sthe scovenants sif sthe sviolator
swas sinfluence sby sthe sconduct sor srepresentations sof sthe
sassociation s(i.e. sgiving sa snew sback sporch sa scompliment sand
snot sadvising sthat sis swas snot sapproved; sHave sto salways shave
son smanager shat)
Waiver s- scorrect sanswer s- sNot swritten sexplicitly show slong sbefore
sright sis swaived sto senforce sa scovenant; sbut sconsiders sany
swaived schance sthe sassociation shad sto sacknowledge
Vague sand sIndefinite s- scorrect sanswer s- sThe scovenant smust
sclearly sestablish sthe srights sand sobligations sof sthe sparties s(i.e.
s"offensive sactivity" sis sdeemed svague sand sindefinite
F sRE sS sH sCO sR sN s(in sregards sto sFair sHousing sAct) s- scorrect
sanswer s- sFamilial sStatus
REligion
