M100 Exam questions with correct answers
M100 Exam questions with correct answers Community Association Mandatory memberships, mutually binding contracts, lien-based assements Purpose of community association Provide for the community, business, and governance aspects of the association Basic types of community association Planned communities, condominium, and cooperatives Planned community HOA, owner association Condominium Owner of his/her unit Cooperative Owns stock/holds lease Types of community associations Master/umbrella, Mixed use development, 55 and older Association derives legal obligation from Federal, state and local laws- legal documents, lender requirements, standards set by professional bodies EEOC Equal employment opportunity commission Equal employment opportunity commission Prohibits discrimination in hiring, promoting, etc. FLSA Fair Labor Standards Act Fair Labor Standards Act Dictates standards for minimum wage FMLA Family Medical Leave Act Family Medical Leave Act Provides for unpaid leave for various medical issues FICA Federal Insurance Contributions Act OSHA Occupy Safety Health Act Occupy Safety Health Act Outlines safety guidelines for employees FCC Federal Communications Commission Federal Communications Commission Regulates what restrictions associations have on antennas and satellite dishes State statues General, specific, uniform
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- Uploaded on
- January 26, 2024
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- 2023/2024
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- Exam (elaborations)
- Contains
- Questions & answers
