and answers 100% verified.
When is a CIC created? - ANSWER- A CIC is created when the declaration (CC&Rs) is
recorded with the county. No later than the date the first unit is conveyed
How many elected board members are required under NRS 116B, once the declarant's
control of a condominium hotel terminates? - ANSWER- 3
A common interest community is? - ANSWER- Real estate described in a declaration in
which individual unit owners are required to pay a portion of the expenses related to the
common elements.
in addition to the Declarations Provisions regarding Towing of improperly parked cars,
the association must comply with NRS? - ANSWER- NRS 487
according to NRS 116, the HOA must be Incorporated before? - ANSWER- the first unit
is conveyed
the rules of the association can overrule the Declaration if? - ANSWER- the rules
cannot overrule the Declaration
HOPA requires: - ANSWER- at least 80% of residents must be 55 years of age or older
NRS 40 deals with? - ANSWER- construction defects
Community managers need not have a management contract if: - ANSWER- managers
are required to have a written contract
the Americans with Disabilities Act includes which life activities? - ANSWER- seeing
and hearing
NRS 118 is often referred to as? - ANSWER- Nevada fair housing law
a complaint against a community manager or Reserve study specialist is reported on? -
ANSWER- form 514 a / B - statement of fact
which of the following is governed by federal (FCC) regulations - ANSWER- satellite
dishes
a common and potentially dangerous gas found in the soil is? - ANSWER- radon
allowing a service animal in an otherwise pet-free cic is? - ANSWER- required under
NRS 118
, ADA title 3 deals with - ANSWER- public accommodation
the Nevada real estate division (NRED) is part of - ANSWER- the Department of
Business and Industry
NRS 116A. 630 requires that Community manager to - ANSWER- act as a fiduciary,
exercise ordinary and reasonable care, and comply with applicable state and federal
laws
NRS 116a.620 requires the management agreement to include - ANSWER- the
physical location of the clients records
grounds for disciplinary action include - ANSWER- unprofessional conduct, professional
incompetence, and negligence
official records of the cic must be - ANSWER- kept for not less than 10 years
the first law of the hierarchy laws is? - ANSWER- the US Constitution
when a new Executive Board member is elected, the community manager within 30
days must do what? - ANSWER- send the new member a copy of the management
contract
when a new manager is hired, the current manager must do what? - ANSWER- turn
over Association records within 30 days even if the association still owes money to the
current manager
NRS 116a. 610 requires the manager to disclose to potential clients, what? - ANSWER-
any Financial relationship with a homeowner or board member
the Virginia Graham Baker Act covers what? - ANSWER- Pools and Spas
there is a conflict, which statute prevails? - ANSWER- NRS 116
ADA modifications may include - ANSWER- wider doorways, grab bars in bathrooms,
and lower counters and sinks to accommodate wheelchairs
the management contract must not include - ANSWER- incentives based on the number
of governing document violations
bribery of a community manager is? - ANSWER- a category D Felony
what would constitute a major health and safety concern for an HOA? - ANSWER- mold
behind walls
collection companies must be licensed under? - ANSWER- NRS 649