EXAM 2026/2027 COMPLETE ACCURATE EXAM ACTUAL QUESTIONS
WITH WELL ELABORATED ANSWERS AND DETAILED RATIONALES
(100% CORRECT VERIFIED ANSWERS) LATEST UPDATED VERSION
2026 EDITION |ALREADY GRADED A+ |FULL REVISED EXAM
1. Which Georgia statute primarily governs the formation and operation
of most community associations formed after 1984?
A) Georgia Fair Housing Act
B) Georgia Condominium Act of 1975
C) Georgia Property Owners’ Association Act (Ga. Code Ann. § 44-
3-220 et seq.)
D) Georgia Planned Community Act of 1993
CORRECT ANSWER: C – Rationale: The Georgia Property Owners’
Association Act (POAA) applies to most residential community
associations created after July 1, 1984, establishing rights, powers, and
obligations for lot owners and associations. The Condominium Act is
specific to condos.
2. Under Georgia law, how many members of the board of directors of a
community association must be lot owners unless the governing
documents provide otherwise?
A) All directors must be owners
B) A majority may be non-owners
C) A majority of the board must be lot owners
D) Only the president must be an owner
CORRECT ANSWER: C – *Rationale: Ga. Code Ann. § 44-3-231
requires that at least a majority of board members be lot owners,
ensuring owner representation, though some non-owners may serve if
the declaration permits.*
3. A Georgia community association board wishes to impose a special
assessment without membership approval. Under the POAA, when is
this permissible?
,A) If the declaration or bylaws expressly authorize the board to levy
special assessments without a membership vote
B) Never – all special assessments require owner vote
C) Only for emergency repairs under $500
D) Only during the first fiscal year
CORRECT ANSWER: A – Rationale: The POAA allows special
assessments by board action only if the governing documents explicitly
grant that power. Otherwise, a membership vote is required.
4. The Georgia Condominium Act requires that the condominium
declaration be recorded in the office of which official?
A) County Tax Assessor
B) Clerk of Superior Court of the county where the condominium is
located
C) Georgia Secretary of State
D) Municipal planning department
CORRECT ANSWER: B – *Rationale: Ga. Code Ann. § 44-3-82
requires recording the declaration in the superior court clerk’s office of
the county containing the condominium to provide constructive notice.*
5. When a homeowner is delinquent on assessments, what is the
maximum annual interest rate the association may charge without a
specific rate in the declaration?
A) 10%
B) 18%
C) 12%
D) 25%
CORRECT ANSWER: B – *Rationale: Under Ga. Code Ann. § 44-3-
232(b), if the declaration sets no rate, interest accrues at 18% per year.
The board may also charge late fees if authorized.*
6. A community association manager in Georgia discovers that the board
has been holding closed meetings without posting agendas. Which of the
following is correct under the POAA?
A) Closed meetings are illegal for all purposes
B) Board meetings must be open to owners except for specific
, executive session topics (legal, personnel, pending litigation)
C) Only annual meetings require openness
D) Closed meetings require unanimous board consent
CORRECT ANSWER: B – *Rationale: Ga. Code Ann. § 44-3-230
requires that board meetings be open to owners, but the board may enter
executive session to discuss legal matters, contract negotiations, or
personnel issues.*
7. Under Georgia law, how long does a lot owner have to request a copy
of the association’s books and records after a written demand?
A) Immediate access
B) Within 10 business days
C) Within 30 days
D) Within 45 days
CORRECT ANSWER: B – *Rationale: Ga. Code Ann. § 44-3-234
requires the association to produce requested records within 10 business
days, excluding weekends and holidays.*
8. Which of the following is NOT a required content for the annual
disclosure packet sent to owners in Georgia community associations?
A) A statement of any pending lawsuits against the association
B) A list of all owners’ social security numbers
C) The current budget and reserve study summary
D) The identity of the community association manager
CORRECT ANSWER: B – *Rationale: Privacy laws prohibit sharing
social security numbers. Ga. Code Ann. § 44-3-235 requires financial
statements, insurance info, budget, and litigation disclosure but not
private tax IDs.*
9. A Georgia CAM licensee is convicted of a felony involving fraud.
What is the likely action by the Georgia Secretary of State’s Licensing
Division?
A) A fine only
B) A written warning
C) Mandatory revocation or denial of license
D) No action if the crime is unrelated to property management