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Exam (elaborations)

M-100 QUIZ (all sections) 2025 Questions and Answers

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M-100 QUIZ (all sections) 2025 Questions and Answers

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M-100 QUIZ (all sections) 2025
Questions and Answers


Each of the following are key characteristics of a community association

EXCEPT:

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 ca is mandatory and automatic for all owners.

C. A requirement of ca ownership is attending board meetings

D. Certain documents bind all owners to be governed by the community. - --

Answer --C. A requirement of community association ownership is

attending board meetings.

True or False. The primary purpose of a community association is to provide for

the governance, business, and communal aspects of the association. - --

Answer --True


Each of the following are basic types of residential community associations

EXCEPT:


....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1

, a. Planned community

b. Townhouse

c. Cooperative


d. Condominium - --Answer --b. Townhouse


Adoption of the annual budget is an example of which of the following type of

resolution?

a. policy resolution

b. administrative resolution

c. special resolution


d. general resolution - --Answer --D. General


True or false. The purpose of a community association's governing documents is

to


provide for the legal structure and operation of the community. - --Answer -

-True

True or false. According to the general hierarchy of authority for governing

documents, the bylaws would control in a conflict with the recorded map, plat, or


plan. - --Answer --False




....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2

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