M100 COMMUNITY ASSOCIATION MANAGEMENT
ACTUAL EXAM SCRIPT 2025/2026 QUESTIONS WITH
ANSWERS GRADED A+
✔✔General hierarchy of authority for governing docs - ✔✔If there are conflicts between
docs, the document that is here in the hierarchy would prevail. The higher a document's
place in the hierarchy, the greater its legal weight in a court of law
✔✔Recorded map, plat or plan - ✔✔Help define an owner's or a community's tile to
property
✔✔Declaration, CC&Rs, master deed - ✔✔Declaration brings the condo or planned
community into existence because it spells out the essential elements of ownership
✔✔Proprietary lease or occupancy agreement - ✔✔Used in cooperative; defines the
member or stockholder's rights & obligations in relation to the living unit
✔✔4 parts to the proprietary lease or occupancy agrmt - ✔✔1. identifies premises that
stockholder is permitted to occupy exclusively. 2. Defines the term of the lease & rent
that is payable by the stockholder. 3. establishes the powers & obligations of the
cooperative's board of directors, including assessment rights. 4. defines events which
would result in the termination of the proprietary lease
✔✔Articles of Incorporation - ✔✔Community association's corporate structure is
established when a developer's attorney creates the association's governing docs.
Attorney may file articles of incorporation with the state corporation agency.
✔✔4 parts to the Articles - ✔✔1. Brings the corporation into existence; 2. Define its
basic purpose and powers; 3. Indicate whether stock will be issued; 4. Indicate the
number of board members & identify the initial board
✔✔Bylaws - ✔✔Formally adopted regulations for the administration & management of a
community association.
✔✔Bylaws address 7 topics: - ✔✔Requirements for membership in the community
association
Requirements for membership meetings
Voting rights of member owners
Procedures for electing the board of directors
Procedures for board of directors to select officers
General powers & duties of the board
Provision for indemnification of officers & directors - except in cases of gross negligence
or willful misconduct
, ✔✔To indemnify & hold harmless - ✔✔To exempt a person or entity from responsibility
for claims made against the organization AND
To reimburse or directly pay for the person or entity for damages or expenses incurred
as a result of such claims
✔✔Resolutions - ✔✔Rules & Regulations for all 3 types of community associations are
established by means of board resolutions. A resolution is a motion that follows a set
format & is formally adopted by the board of directors.
✔✔Public Offering Statement - ✔✔Not a governing document. It's a disclosure
statement that provides info on the community association to the first prospective
buyers in a new development Mandated by state statute.
✔✔Rule - ✔✔regulation or resolution, a specific statement of required behavior or
action, a violation of which carries a penalty
✔✔Architectural Guidelines - ✔✔Rule that applies to the appearance of an owner's lot
or exterior of his unit or improvements
✔✔Scope of rules & guidelines - ✔✔In a community association, rules & guidelines
outline expected behavior, identify limitations, and govern the community in 4 areas
✔✔ - ✔✔1. Use of common property. Rules & guidelines are developed in this area to
promote harmonious living. 2. The use of individual lots or units. This helps with
conformity within the association. 3. changes in the architecture, construction, or the
appearance of lots or units 4. Behavior of residents, guests, & other visitors.
✔✔Types of Resolutions - ✔✔Resolution is a motion following a set format & formally
adopted by the Board.
✔✔ - ✔✔Resolutions should be Kept in a Book of Resolutions
✔✔4 types of resolutions - ✔✔Policy Resolutions: affect owner's rights & obligations &
usually address ambiguities & omissions in the declaration
✔✔ - ✔✔Administrative Resolutions: address the internal operations of the community
association & usually address ambiguities & omissions in the bylaws.
✔✔ - ✔✔Special Resolutions: These are resolutions stating board decisions that apply
a policy or rule to an individual situation.
✔✔ - ✔✔General Resolutions: These are resolutions which involve routine events
ACTUAL EXAM SCRIPT 2025/2026 QUESTIONS WITH
ANSWERS GRADED A+
✔✔General hierarchy of authority for governing docs - ✔✔If there are conflicts between
docs, the document that is here in the hierarchy would prevail. The higher a document's
place in the hierarchy, the greater its legal weight in a court of law
✔✔Recorded map, plat or plan - ✔✔Help define an owner's or a community's tile to
property
✔✔Declaration, CC&Rs, master deed - ✔✔Declaration brings the condo or planned
community into existence because it spells out the essential elements of ownership
✔✔Proprietary lease or occupancy agreement - ✔✔Used in cooperative; defines the
member or stockholder's rights & obligations in relation to the living unit
✔✔4 parts to the proprietary lease or occupancy agrmt - ✔✔1. identifies premises that
stockholder is permitted to occupy exclusively. 2. Defines the term of the lease & rent
that is payable by the stockholder. 3. establishes the powers & obligations of the
cooperative's board of directors, including assessment rights. 4. defines events which
would result in the termination of the proprietary lease
✔✔Articles of Incorporation - ✔✔Community association's corporate structure is
established when a developer's attorney creates the association's governing docs.
Attorney may file articles of incorporation with the state corporation agency.
✔✔4 parts to the Articles - ✔✔1. Brings the corporation into existence; 2. Define its
basic purpose and powers; 3. Indicate whether stock will be issued; 4. Indicate the
number of board members & identify the initial board
✔✔Bylaws - ✔✔Formally adopted regulations for the administration & management of a
community association.
✔✔Bylaws address 7 topics: - ✔✔Requirements for membership in the community
association
Requirements for membership meetings
Voting rights of member owners
Procedures for electing the board of directors
Procedures for board of directors to select officers
General powers & duties of the board
Provision for indemnification of officers & directors - except in cases of gross negligence
or willful misconduct
, ✔✔To indemnify & hold harmless - ✔✔To exempt a person or entity from responsibility
for claims made against the organization AND
To reimburse or directly pay for the person or entity for damages or expenses incurred
as a result of such claims
✔✔Resolutions - ✔✔Rules & Regulations for all 3 types of community associations are
established by means of board resolutions. A resolution is a motion that follows a set
format & is formally adopted by the board of directors.
✔✔Public Offering Statement - ✔✔Not a governing document. It's a disclosure
statement that provides info on the community association to the first prospective
buyers in a new development Mandated by state statute.
✔✔Rule - ✔✔regulation or resolution, a specific statement of required behavior or
action, a violation of which carries a penalty
✔✔Architectural Guidelines - ✔✔Rule that applies to the appearance of an owner's lot
or exterior of his unit or improvements
✔✔Scope of rules & guidelines - ✔✔In a community association, rules & guidelines
outline expected behavior, identify limitations, and govern the community in 4 areas
✔✔ - ✔✔1. Use of common property. Rules & guidelines are developed in this area to
promote harmonious living. 2. The use of individual lots or units. This helps with
conformity within the association. 3. changes in the architecture, construction, or the
appearance of lots or units 4. Behavior of residents, guests, & other visitors.
✔✔Types of Resolutions - ✔✔Resolution is a motion following a set format & formally
adopted by the Board.
✔✔ - ✔✔Resolutions should be Kept in a Book of Resolutions
✔✔4 types of resolutions - ✔✔Policy Resolutions: affect owner's rights & obligations &
usually address ambiguities & omissions in the declaration
✔✔ - ✔✔Administrative Resolutions: address the internal operations of the community
association & usually address ambiguities & omissions in the bylaws.
✔✔ - ✔✔Special Resolutions: These are resolutions stating board decisions that apply
a policy or rule to an individual situation.
✔✔ - ✔✔General Resolutions: These are resolutions which involve routine events
