Actual Exam – Community Association Managers
International Certification Board (CAMICB) – 2026/2027
Academic Year – Verified Questions and Answers for
Professional Community Association Management
Candidate
SECTION 1: GOVERNANCE AND LEGAL MATTERS
Question 1:
The basic authority in a community association initially lies with the:
A) Board of Directors
B) Developer
C) Property Manager
D) Homeowners
Answer: B) Developer
Rationale: In a community association, the basic authority initially lies with the
developer. The developer establishes the governing documents, creates the
association, and has control until turnover to the homeowners. After turnover,
authority shifts to the elected board of directors representing the membership .
Question 2:
What are the three basic types of residential community associations?
A) Planned Community, Condominium, Cooperative
B) Single-Family, Townhouse, Apartment
C) Planned Community, Townhouse, Duplex
D) Condominium, Cooperative, Timeshare
,Answer: A) Planned Community, Condominium, Cooperative
Rationale: The three basic types of residential community associations are:
Planned Community (owners own their lot/unit; the community owns common
areas), Condominium (individual owns a unit and an undivided interest in common
elements), and Cooperative (individual owns stock in the cooperative and holds a
proprietary lease) .
Question 3:
What are the three key characteristics of a community association?
A) Voluntary membership, non-binding documents, optional assessments
B) Mandatory membership, mutually binding documents, lien-based assessments
C) Voluntary membership, mutually binding documents, lien-based assessments
D) Mandatory membership, non-binding documents, optional assessments
Answer: B) Mandatory membership, mutually binding documents, lien-based
assessments
Rationale: The three key characteristics of a community association are: (1)
Mandatory membership—owners automatically become members upon purchase,
(2) Mutually binding documents—all owners are bound by the governing
documents, and (3) Lien-based assessments—the association has the power to
place a lien on property for unpaid assessments .
Question 4:
Which document is formally adopted by the board of directors as a motion that
follows a set format?
A) Governing Document
B) Plat
C) Public Offering Statement
D) Resolution
,Answer: D) Resolution
Rationale: A resolution is a motion that follows a set format and is formally
adopted by the board of directors. Resolutions are used to establish policies,
approve actions, or adopt rules without amending the governing documents .
Question 5:
What sets forth the criteria for the annual meeting, including notice, quorum,
voting, and proxy procedures?
A) Articles of Incorporation
B) Bylaws
C) State Statutes
D) Parliamentary Procedures
Answer: B) Bylaws
Rationale: The bylaws are formally adopted regulations for the administration and
management of a community association. They set forth meeting procedures
including voting rights, board powers and duties, and the criteria for annual
meetings (notice, quorum, voting, and proxy procedures) .
Question 6:
The articles of incorporation bring the cooperative into existence, define its basic
purposes and powers, and indicate whether stock will be issued.
A) True
B) False
Answer: A) True
Rationale: True. The articles of incorporation bring the cooperative into existence,
define its basic purposes and powers, and indicate whether stock will be issued.
For condominiums and planned communities, the articles similarly establish the
association as a legal entity .
, Question 7:
All of the following are key characteristics of community associations EXCEPT:
A) Mandatory lien-based economic charges or assessments are levied on each
owner
B) Membership in the community association is mandatory and automatic for all
owners
C) A requirement of community association ownership is attending board
meetings
D) Certain documents bind all owners to be governed by the community
association
Answer: C) A requirement of community association ownership is attending
board meetings
Rationale: The three key characteristics are: mandatory lien-based assessments,
mandatory automatic membership, and binding governing documents. Attending
board meetings is not a requirement of ownership, although owners have the right
to attend .
Question 8:
True or False: The public offering statement is a governing document.
A) True
B) False
Answer: B) False
Rationale: False. The public offering statement is a disclosure document provided
to prospective buyers, but it is not considered a governing document of the
association. Governing documents include the declaration, articles of
incorporation, bylaws, and rules and regulations .