150 QUESTIONS WITH DETAILED
CORRECT ANSWERS WITH RATIONALES
and CORRECT VERIFIED ANSWERS
GRADE A+ | INSTANT DOWNLOAD
Georgia Community Association Manager (CAM) License
Exam | Comprehensive Mastery Guide (A+ Standard)
Question 1: Under the Georgia Condominium Act (O.C.G.A. Title 44,
Chapter 3), a condominium association wishes to amend its declaration
to change the percentage of undivided interest allocated to a specific
unit, which would subsequently alter that owner's voting power and
assessment liability. What is the specific statutory requirement for
approving such a fundamental amendment to the declaration?
A) A simple majority vote of the board of directors, provided the change
is deemed necessary for the financial stability of the association.
B) A unanimous vote of all unit owners, unless the declaration explicitly
provides for a lesser percentage, in which case that specified percentage
must be met.
C) A two-thirds majority vote of the unit owners present at a duly called
annual meeting, with proxies counting toward the quorum.
D) A majority vote of the board of directors followed by a 30-day waiting
period to allow unit owners to petition against the change.
Correct Answer: B
Rationale: Under the Georgia Condominium Act, amendments to the
declaration that alter the percentage of undivided interest in the
common elements, voting rights, or liability for common expenses
require the unanimous consent of all unit owners, unless the declaration
itself explicitly specifies a lesser percentage for such amendments. This
high threshold protects individual property rights from being unilaterally
diminished by the majority.
Question 2: A property manager is overseeing a community governed by
the Georgia Property Owners’ Association Act (POAA). An owner has
,become delinquent on their annual assessments for 90 days. The
association’s governing documents permit the imposition of a lien for
unpaid assessments. According to Georgia law, what specific procedural
step must the association take before recording a claim of lien against
the delinquent owner’s property?
A) The association must immediately file a lawsuit in superior court to
obtain a judgment before a lien can be recorded.
B) The association must send a written notice by certified mail to the
owner at least 30 days prior to filing the lien, detailing the amount due
and the intent to lien.
C) The association must hold a public hearing before the board of
directors to allow the owner to present a defense against the lien.
D) The association must obtain a court order authorizing the lien, as self-
help lien recording is prohibited under the POAA.
Correct Answer: B
Rationale: Under the Georgia Property Owners’ Association Act,
before an association can record a claim of lien for unpaid assessments,
it must provide the delinquent owner with written notice sent by
certified mail at least 30 days prior to the recording of the lien. This
notice must specify the amount due and clearly state the association's
intent to file a lien if the debt is not satisfied, ensuring the owner has due
process and an opportunity to cure the default.
Question 3: In the context of fiduciary duties owed by a community
association board of directors and the managing agent, which of the
following scenarios best represents a breach of the "Duty of Loyalty"?
A) A board member fails to read the monthly financial reports before
voting to approve the annual budget, resulting in a minor underfunding
of the reserve account.
B) The community association manager secretly owns a 20% undisclosed
financial interest in a landscaping company that the board subsequently
hires for a $50,000 annual contract without competitive bidding.
C) A director votes against a proposed rule change because they
personally disagree with the aesthetic outcome, despite a majority of
residents supporting it.
,D) The association fails to update its reserve study for three years,
relying on an outdated report to set annual assessment rates.
Correct Answer: B
Rationale: The Duty of Loyalty requires fiduciaries (directors and
managers) to act in the best interest of the association, avoiding conflicts
of interest and self-dealing. A manager secretly holding a financial
interest in a vendor awarded a contract by the association is a classic,
severe breach of the Duty of Loyalty, as the manager is prioritizing
personal financial gain over the association's best interest. Options A and
D relate more to the Duty of Care (negligence), while Option C is a
legitimate exercise of business judgment.
Question 4: A Georgia community association is preparing for its annual
meeting of members. The bylaws require 30 days' written notice for
annual meetings. The management company mails the notice, which
includes the date, time, location, and agenda, exactly 25 days before the
meeting. An owner attends the meeting and immediately objects,
demanding the meeting be postponed. What is the most likely legal
outcome of this objection under Georgia law?
A) The meeting must be postponed because any deviation from the
statutory or bylaw notice period renders the meeting void ab initio.
B) The meeting may proceed, as the owner's physical presence at the
meeting constitutes a legal waiver of the defective notice requirement.
C) The meeting is automatically invalid, and the board must be dissolved
and re-elected due to the procedural failure.
D) The manager must immediately halt the meeting and reschedule it for
exactly 30 days from the original date, regardless of owner attendance.
Correct Answer: B
Rationale: Under Georgia corporate and association law, if a member
attends a meeting (in person or by proxy) without objecting to the lack of
proper notice at the very beginning of the meeting, their attendance
constitutes a legal waiver of the notice defect. Since the owner attended
and the defect was the only issue, their presence generally waives the
right to challenge the validity of the meeting based on the shortened
notice period, provided the agenda was still properly disclosed.
, Question 5: An owner submits a written request to inspect the
association’s financial records, including the general ledger, bank
statements, and vendor contracts. Under the Georgia Nonprofit
Corporation Code and typical association governing documents, what is
the standard statutory timeframe within which the association must
make these records available for inspection, and what conditions may
apply?
A) The association must provide the records within 5 business days, free
of charge, with no restrictions on copying.
B) The association must make the records available within 10 business
days after receiving the request, and may charge a reasonable fee for
copying and staff time, provided the owner has a proper purpose.
C) The association has 60 days to respond, and can legally deny the
request if the owner is currently delinquent on their assessments.
D) The association is only required to provide audited financial
statements annually; detailed ledgers and vendor contracts are
considered confidential proprietary information.
Correct Answer: B
Rationale: Under the Georgia Nonprofit Corporation Code (O.C.G.A. §
14-3-1602), a member is entitled to inspect and copy relevant association
records upon a written demand stating a proper purpose. The
association generally must make the records available within 10 business
days of receiving the request. The association is permitted to charge a
reasonable, predetermined fee for copying and the labor associated with
retrieving the documents, but it cannot unreasonably withhold access to
core financial records.
Question 6: A community association’s reserve study indicates that the
roof replacement for the clubhouse, projected to cost $100,000, will be
needed in 5 years. The current reserve fund balance for this component
is $20,000. To achieve 100% funding by the time of the replacement,
assuming no interest earned, what is the minimum annual contribution
the association must budget for this specific component starting next
year?
A) $10,000 per year
B) $16,000 per year