M100 EXAM 2025/2026 QUESTIONS AND
ANSWERS 100% PASS
Community Association - ANS Mandatory memberships, mutually binding contracts, lien-
based assements
Purpose of community association - ANS Provide for the community, business, and
governance aspects of the association
Basic types of community association - ANS Planned communities, condominium, and
cooperatives
Planned community - ANS HOA, owner association
Condominium - ANS Owner of his/her unit
Cooperative - ANS Owns stock/holds lease
Types of community associations - ANS Master/umbrella,
Mixed use development, 55 and older
1 @COPYRIGHT 2025/2026
,Association derives legal obligation from - ANS Federal, state and local laws- legal
documents, lender requirements, standards set by professional bodies
EEOC - ANS Equal employment opportunity commission
Equal employment opportunity commission - ANS Prohibits discrimination in hiring,
promoting, etc.
FLSA - ANS Fair Labor Standards Act
Fair Labor Standards Act - ANS Dictates standards for minimum wage
FMLA - ANS Family Medical Leave Act
Family Medical Leave Act - ANS Provides for unpaid leave for various medical issues
FICA - ANS Federal Insurance Contributions Act
OSHA - ANS Occupy Safety Health Act
Occupy Safety Health Act - ANS Outlines safety guidelines for employees
FCC - ANS Federal Communications Commission
Federal Communications Commission - ANS Regulates what restrictions associations have on
antennas and satellite dishes
2 @COPYRIGHT 2025/2026
, State statues - ANS General, specific, uniform
General state statutes - ANS Apply to all organizations
Specific state statutes - ANS Apply to only one or more types of community associations
Uniform state statutes - ANS Standardize laws in various states that affect community
associations
Hierarchy of governing documents - ANS Plat
Declarations
Articles
Bylaws
Rules
Bundle of rights - ANS Declaration, CCR, master deed
What trumps articles? - ANS Declaration
Plat/map - ANS Shows precise location of each lot or unit
Declaration, CCRS, master deed - ANS Establish the chain of title and rights of ownership for
each piece of real estate
Proprietary lease - ANS Defines member or stockholders right and obligations in a relative to
the living unit
3 @COPYRIGHT 2025/2026
ANSWERS 100% PASS
Community Association - ANS Mandatory memberships, mutually binding contracts, lien-
based assements
Purpose of community association - ANS Provide for the community, business, and
governance aspects of the association
Basic types of community association - ANS Planned communities, condominium, and
cooperatives
Planned community - ANS HOA, owner association
Condominium - ANS Owner of his/her unit
Cooperative - ANS Owns stock/holds lease
Types of community associations - ANS Master/umbrella,
Mixed use development, 55 and older
1 @COPYRIGHT 2025/2026
,Association derives legal obligation from - ANS Federal, state and local laws- legal
documents, lender requirements, standards set by professional bodies
EEOC - ANS Equal employment opportunity commission
Equal employment opportunity commission - ANS Prohibits discrimination in hiring,
promoting, etc.
FLSA - ANS Fair Labor Standards Act
Fair Labor Standards Act - ANS Dictates standards for minimum wage
FMLA - ANS Family Medical Leave Act
Family Medical Leave Act - ANS Provides for unpaid leave for various medical issues
FICA - ANS Federal Insurance Contributions Act
OSHA - ANS Occupy Safety Health Act
Occupy Safety Health Act - ANS Outlines safety guidelines for employees
FCC - ANS Federal Communications Commission
Federal Communications Commission - ANS Regulates what restrictions associations have on
antennas and satellite dishes
2 @COPYRIGHT 2025/2026
, State statues - ANS General, specific, uniform
General state statutes - ANS Apply to all organizations
Specific state statutes - ANS Apply to only one or more types of community associations
Uniform state statutes - ANS Standardize laws in various states that affect community
associations
Hierarchy of governing documents - ANS Plat
Declarations
Articles
Bylaws
Rules
Bundle of rights - ANS Declaration, CCR, master deed
What trumps articles? - ANS Declaration
Plat/map - ANS Shows precise location of each lot or unit
Declaration, CCRS, master deed - ANS Establish the chain of title and rights of ownership for
each piece of real estate
Proprietary lease - ANS Defines member or stockholders right and obligations in a relative to
the living unit
3 @COPYRIGHT 2025/2026
