M100 Community Association
Management Exam Complete Test Bank
Questions with Detailed Answers
Newest 2026 Actual Exam
SECTION 1: COMMUNITY ASSOCIATION BASICS
Question 1
What is a community association?
A) A government agency that manages local communities
B) A non-profit corporation created to manage and maintain common
areas and enforce rules in a residential community
C) A for-profit real estate development company
D) A social club for residents
Correct Answer: B) A non-profit corporation created to manage and
maintain common areas and enforce rules in a residential community
Rationale: A community association is a non-profit corporation formed
to manage and maintain common areas, enforce governing
documents, and provide services to residents in a planned community,
condominium, or homeowners association. It is not a government
agency (A), not a for-profit company (C), and not just a social club (D).
The association is governed by a board of directors elected by the
members.
,Question 2
Which of the following is NOT a type of community association?
A) Homeowners Association (HOA)
B) Condominium Association
C) Cooperative Association
D) Municipal Government
Correct Answer: D) Municipal Government
Rationale: A municipal government is a local government entity, not a
community association. The three main types of community
associations are: (A) Homeowners Associations (HOAs), (B)
Condominium Associations, and (C) Cooperative Associations. Each
type has different legal structures and ownership models. Municipal
governments provide services to all residents in a city or town, not just
a specific community.
Question 3
The governing documents of a community association typically
include all of the following EXCEPT:
A) Declaration of Covenants, Conditions, and Restrictions (CC&Rs)
B) Bylaws
C) Articles of Incorporation
D) State statutes
Correct Answer: D) State statutes
,Rationale: The governing documents of a community association
include: (A) Declaration of CC&Rs, (B) Bylaws, and (C) Articles of
Incorporation. State statutes (D) are laws created by the state
legislature that govern community associations but are not internal
governing documents. The governing documents are created by the
association and establish the rules and procedures for the community.
Question 4
The Declaration of Covenants, Conditions, and Restrictions (CC&Rs) is
best described as:
A) A set of rules for the association's board of directors
B) A document that defines the rights and obligations of property
owners within the community
C) A financial statement of the association
D) A list of association vendors
Correct Answer: B) A document that defines the rights and obligations
of property owners within the community
Rationale: The Declaration of CC&Rs is the primary governing
document of a community association. It defines the rights and
obligations of property owners, establishes restrictions on property
use, and sets forth the association's authority. It is recorded with the
county and runs with the land. The Bylaws (A) govern the board of
directors. A financial statement (C) is a separate document.
Question 5
The Bylaws of a community association primarily govern:
, A) Property use restrictions
B) The internal operations of the association
C) Financial reporting requirements
D) The relationship between owners and tenants
Correct Answer: B) The internal operations of the association
Rationale: The Bylaws govern the internal operations of the
association, including the structure of the board of directors, election
procedures, meeting requirements, and officer roles. The CC&Rs (A)
govern property use restrictions. Financial reporting (C) is governed by
accounting standards and state law. The relationship between owners
and tenants (D) is governed by the CC&Rs and rental policies.
Question 6
The Articles of Incorporation are filed with:
A) The county recorder's office
B) The state Secretary of State
C) The local city council
D) The federal government
Correct Answer: B) The state Secretary of State
Rationale: The Articles of Incorporation are filed with the state
Secretary of State (or similar state agency) to establish the
association as a legal non-profit corporation. The CC&Rs (A) are
recorded with the county recorder's office. The local city council (C)
Management Exam Complete Test Bank
Questions with Detailed Answers
Newest 2026 Actual Exam
SECTION 1: COMMUNITY ASSOCIATION BASICS
Question 1
What is a community association?
A) A government agency that manages local communities
B) A non-profit corporation created to manage and maintain common
areas and enforce rules in a residential community
C) A for-profit real estate development company
D) A social club for residents
Correct Answer: B) A non-profit corporation created to manage and
maintain common areas and enforce rules in a residential community
Rationale: A community association is a non-profit corporation formed
to manage and maintain common areas, enforce governing
documents, and provide services to residents in a planned community,
condominium, or homeowners association. It is not a government
agency (A), not a for-profit company (C), and not just a social club (D).
The association is governed by a board of directors elected by the
members.
,Question 2
Which of the following is NOT a type of community association?
A) Homeowners Association (HOA)
B) Condominium Association
C) Cooperative Association
D) Municipal Government
Correct Answer: D) Municipal Government
Rationale: A municipal government is a local government entity, not a
community association. The three main types of community
associations are: (A) Homeowners Associations (HOAs), (B)
Condominium Associations, and (C) Cooperative Associations. Each
type has different legal structures and ownership models. Municipal
governments provide services to all residents in a city or town, not just
a specific community.
Question 3
The governing documents of a community association typically
include all of the following EXCEPT:
A) Declaration of Covenants, Conditions, and Restrictions (CC&Rs)
B) Bylaws
C) Articles of Incorporation
D) State statutes
Correct Answer: D) State statutes
,Rationale: The governing documents of a community association
include: (A) Declaration of CC&Rs, (B) Bylaws, and (C) Articles of
Incorporation. State statutes (D) are laws created by the state
legislature that govern community associations but are not internal
governing documents. The governing documents are created by the
association and establish the rules and procedures for the community.
Question 4
The Declaration of Covenants, Conditions, and Restrictions (CC&Rs) is
best described as:
A) A set of rules for the association's board of directors
B) A document that defines the rights and obligations of property
owners within the community
C) A financial statement of the association
D) A list of association vendors
Correct Answer: B) A document that defines the rights and obligations
of property owners within the community
Rationale: The Declaration of CC&Rs is the primary governing
document of a community association. It defines the rights and
obligations of property owners, establishes restrictions on property
use, and sets forth the association's authority. It is recorded with the
county and runs with the land. The Bylaws (A) govern the board of
directors. A financial statement (C) is a separate document.
Question 5
The Bylaws of a community association primarily govern:
, A) Property use restrictions
B) The internal operations of the association
C) Financial reporting requirements
D) The relationship between owners and tenants
Correct Answer: B) The internal operations of the association
Rationale: The Bylaws govern the internal operations of the
association, including the structure of the board of directors, election
procedures, meeting requirements, and officer roles. The CC&Rs (A)
govern property use restrictions. Financial reporting (C) is governed by
accounting standards and state law. The relationship between owners
and tenants (D) is governed by the CC&Rs and rental policies.
Question 6
The Articles of Incorporation are filed with:
A) The county recorder's office
B) The state Secretary of State
C) The local city council
D) The federal government
Correct Answer: B) The state Secretary of State
Rationale: The Articles of Incorporation are filed with the state
Secretary of State (or similar state agency) to establish the
association as a legal non-profit corporation. The CC&Rs (A) are
recorded with the county recorder's office. The local city council (C)
