M 100 EXAMS SET VERIFIED QUESTIONS AND ACCURATE ANSWERS COMPLETE PREPARATION

M 100 EXAMS SET VERIFIED QUESTIONS
AND ACCURATE ANSWERS COMPLETE
PREPARATION FILE

●● True or False. The primary purpose of a community association is to
provide for the governance, business, and communal aspects of the
association.
Answer: True


●● Each of the following are basic types of residential community
associations
EXCEPT:
a. Planned community
b. Townhouse
c. Cooperative
d. Condominium
Answer: b. 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
Answer: D. 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.
Answer: True


●● 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.
Answer: False


●● 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
Answer: C. Specific