CMCA M100 Certified Manager of
Community Associations (CMCA) Exam
Which of the following is NOT a basic type of residential community association?
a. Planned community b. Townhouse c. Cooperative d. Condominium -
CORRECT ANSWER-b. Townhouse.
What defines a community association? a. Ownership rights b. Architectural style
c. Local government rules d. Optional membership - CORRECT ANSWER-a.
Ownership rights.
Adoption of the annual budget is an example of which of the following types of
resolutions? a. Policy resolution b. Administrative resolution c. Special resolution
d. General resolution - CORRECT ANSWER-d. General resolution.
The adoption of the an annual budget is an example which kind of resolution? -
CORRECT ANSWER-General Resolution. General Resolutions involve routine
events of am association
,True or false: A proprietary lease or occupancy agreement in a cooperative
defines the member or stockholder's rights and obligations in relation to the living
unit. - CORRECT ANSWER-True. In a cooperative, the proprietary lease or
occupancy agreement serves the same purpose as the CC&R or master deed in
other community associations. It defines the premises a stockholder can occupy
exclusively, sets the lease terms and rent payable by the stockholder, and outlines
the powers and obligations of the cooperative's board of directors, including
assessment rights.
What are the key characteristics of community associations? - CORRECT
ANSWER-Mandatory Membership: Membership in the community association is
mandatory and automatic for all property owners within the community.
Mandatory Lien-based Assessments: Owners are subject to mandatory lien-based
economic charges or assessments used to operate and maintain the association
and its common areas. Governing Documents: Certain documents bind all
property owners to be governed by the community association and its rules,
including the Declaration of Covenants, Conditions, and Restrictions (CC&Rs),
bylaws, and other governing regulations.
Which of the following is NOT a key characteristic of community associations? a.
Mandatory lien-based economic charges or assessments are levied on each owner
in order to operate and maintain the community association. b. Membership in
the community association is mandatory and automatic for all owners. c. A
requirement of community association ownership is serving on the board of
, directors. d. Certain documents bind all owners to be governed by the community
association. - CORRECT ANSWER-c. A requirement of community association
ownership is serving on the board of directors.
CMCA M100 Certified Manager of Community Associations (CMCA) Exam -
CORRECT ANSWER-Exam Coverage
The exam coverage includes the leadership and management principles taught in
M-100 Community Management, a preparatory course for the Certified Manager
of Community Associations (CMCA) Exam offered through the Community
Associations Institute. It focuses on the roles and responsibilities of community
association managers, governance structures, and working effectively with boards
of directors. The exam also assesses knowledge of financial management,
budgeting, facilities maintenance, risk management, contract administration, and
ethical leadership. Emphasis is placed on effective communication, decision-
making, and applying best practices to manage condominium, cooperative, and
homeowners associations efficiently. 🏘️📘
True or false: The role of the professional community association manager is to
make all decisions for the association and to delegate information-gathering and
fact-finding support to the board of directors. - CORRECT ANSWER-False. The
professional manager assists the board by providing information-gathering,
Community Associations (CMCA) Exam
Which of the following is NOT a basic type of residential community association?
a. Planned community b. Townhouse c. Cooperative d. Condominium -
CORRECT ANSWER-b. Townhouse.
What defines a community association? a. Ownership rights b. Architectural style
c. Local government rules d. Optional membership - CORRECT ANSWER-a.
Ownership rights.
Adoption of the annual budget is an example of which of the following types of
resolutions? a. Policy resolution b. Administrative resolution c. Special resolution
d. General resolution - CORRECT ANSWER-d. General resolution.
The adoption of the an annual budget is an example which kind of resolution? -
CORRECT ANSWER-General Resolution. General Resolutions involve routine
events of am association
,True or false: A proprietary lease or occupancy agreement in a cooperative
defines the member or stockholder's rights and obligations in relation to the living
unit. - CORRECT ANSWER-True. In a cooperative, the proprietary lease or
occupancy agreement serves the same purpose as the CC&R or master deed in
other community associations. It defines the premises a stockholder can occupy
exclusively, sets the lease terms and rent payable by the stockholder, and outlines
the powers and obligations of the cooperative's board of directors, including
assessment rights.
What are the key characteristics of community associations? - CORRECT
ANSWER-Mandatory Membership: Membership in the community association is
mandatory and automatic for all property owners within the community.
Mandatory Lien-based Assessments: Owners are subject to mandatory lien-based
economic charges or assessments used to operate and maintain the association
and its common areas. Governing Documents: Certain documents bind all
property owners to be governed by the community association and its rules,
including the Declaration of Covenants, Conditions, and Restrictions (CC&Rs),
bylaws, and other governing regulations.
Which of the following is NOT a key characteristic of community associations? a.
Mandatory lien-based economic charges or assessments are levied on each owner
in order to operate and maintain the community association. b. Membership in
the community association is mandatory and automatic for all owners. c. A
requirement of community association ownership is serving on the board of
, directors. d. Certain documents bind all owners to be governed by the community
association. - CORRECT ANSWER-c. A requirement of community association
ownership is serving on the board of directors.
CMCA M100 Certified Manager of Community Associations (CMCA) Exam -
CORRECT ANSWER-Exam Coverage
The exam coverage includes the leadership and management principles taught in
M-100 Community Management, a preparatory course for the Certified Manager
of Community Associations (CMCA) Exam offered through the Community
Associations Institute. It focuses on the roles and responsibilities of community
association managers, governance structures, and working effectively with boards
of directors. The exam also assesses knowledge of financial management,
budgeting, facilities maintenance, risk management, contract administration, and
ethical leadership. Emphasis is placed on effective communication, decision-
making, and applying best practices to manage condominium, cooperative, and
homeowners associations efficiently. 🏘️📘
True or false: The role of the professional community association manager is to
make all decisions for the association and to delegate information-gathering and
fact-finding support to the board of directors. - CORRECT ANSWER-False. The
professional manager assists the board by providing information-gathering,
