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Oregon Real Estate Exam — Deck 4: Condominiums, Cooperatives & Subdivisions | Questions with 100% Correct Answers | Verified | Latest Update 2026/2027

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Oregon Real Estate Exam — Deck 4: Condominiums, Cooperatives & Subdivisions | Questions with 100% Correct Answers | Verified | Latest Update 2026/2027

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Oregon Real Estate Exam — Deck 4:
Condominiums, Cooperatives &
Subdivisions | Questions with 100%
Correct Answers | Verified | Latest Update
2026/2027

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Practice questions for this set


Learn 1 /7 Study using Learn




HOA savings fund for major repairs or replacement of common
elements; reviewed annually and kept separate from operating
funds.



Choose an answer



1 Amendment Approval 2 Declaration

, 3 Bylaws 4 Reserve Account



Don't know?




Terms in this set (41)



Amendment Approval Changes to a condominium declaration
typically require 75% approval of unit
owners and must be recorded with the
county.


Annual Report Yearly filing updating the state on a
condominium's ownership and
management information.


Assessment Charge levied by an HOA to pay for
maintenance and operation of common
elements.


Balcony (Limited Common Example of a limited common element
Element) reserved for use by a specific unit owner.


Bylaws Rules governing the operation of the
condominium association, including
meetings, budgets, maintenance, and
restrictions.

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