M 100 THE ESSENTIALS OF COMMUNITY ASSOCIATION MANAGEMENT TEST
PAPER QUESTIONS AND SOLUTION, Exams of Business and Labour Law
Each of the following are key characteristics of a community association
EXCEPT:
A. Mandatory lien-based economic charges or assessments are levied on
each owner in order to operate and maintain the community association.
B. Membership in the ca is mandatory and automatic for all owners.
C. A requirement of ca ownership is attending board meetings
D. Certain documents bind all owners to be governed by the community. -
ANSWERC. A requirement of community association ownership is attending
board meetings.
True or False. The primary purpose of a community association is to provide
for the governance, business, and communal aspects of the association. -
ANSWERTrue
Each of the following are basic types of residential community associations
EXCEPT:
a. Planned community
b. Townhouse
c. Cooperative
, d. Condominium - ANSWERb. Townhouse
Adoption of the annual budget is an example of which of the following type
of resolution?
a. policy resolution
b. administrative resolution
c. special resolution
d. general resolution - ANSWERD. General
True or false. The purpose of a community association's governing
documents is to
provide for the legal structure and operation of the community. -
ANSWERTrue
True or false. According to the general hierarchy of authority for governing
documents, the bylaws would control in a conflict with the recorded map,
plat, or
plan. - ANSWERFalse
Complete the following sentence: A __________ state statute is one that
applies only
to one or more types of community associations.
a. general
b. complex
c. specific
d. uniform - ANSWERC. Specific
PAPER QUESTIONS AND SOLUTION, Exams of Business and Labour Law
Each of the following are key characteristics of a community association
EXCEPT:
A. Mandatory lien-based economic charges or assessments are levied on
each owner in order to operate and maintain the community association.
B. Membership in the ca is mandatory and automatic for all owners.
C. A requirement of ca ownership is attending board meetings
D. Certain documents bind all owners to be governed by the community. -
ANSWERC. A requirement of community association ownership is attending
board meetings.
True or False. The primary purpose of a community association is to provide
for the governance, business, and communal aspects of the association. -
ANSWERTrue
Each of the following are basic types of residential community associations
EXCEPT:
a. Planned community
b. Townhouse
c. Cooperative
, d. Condominium - ANSWERb. Townhouse
Adoption of the annual budget is an example of which of the following type
of resolution?
a. policy resolution
b. administrative resolution
c. special resolution
d. general resolution - ANSWERD. General
True or false. The purpose of a community association's governing
documents is to
provide for the legal structure and operation of the community. -
ANSWERTrue
True or false. According to the general hierarchy of authority for governing
documents, the bylaws would control in a conflict with the recorded map,
plat, or
plan. - ANSWERFalse
Complete the following sentence: A __________ state statute is one that
applies only
to one or more types of community associations.
a. general
b. complex
c. specific
d. uniform - ANSWERC. Specific
