CMCA Study guides, Class notes & Summaries

CMCA Study Guide Practice Exam 2024 Actual QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE

CMCA Community Association Management Exam Questions and Verified Answers (2024 / 2025)/ A+ GRADE

CMCA RLE M1 Questions and Verified Answers (2024 / 2025)/ A+ GRADE

CMCA - Governance and Legal Issues Questions and Verified Answers (2024 / 2025)/ A+ GRADE

CMCA Insurance Exam 2024 REAL QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE

C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. - correct answer Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoice C. Maintenance responsibility chart along, with the governing documents, defines parameters of association maintenance res...

Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoice - correct answer C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. The primary management control tool for identifying whether the association needs to maintain a particular property elemen...

Quorum requirements conflicts are resolved by: a. state statute b. the board of directors c. a vote of those present at a meeting d. appointment of a person as a proxy - correct answer A Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. manager will faithfully follow all document provisions. c. association will be covered for shortfalls in the reserve accounts. d. association will recover any funds lost through employee dishonest...

1. Quorum requirements conflicts are resolved by: a. state statute. b. the board of directors. c. a vote of those present at a meeting. d. appointment of a person as a proxy. - correct answer A 2. Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. manager will faithfully follow all document provisions. c. deductible in the association's insurance policies is reimbursed. d. association will be covered for shortfalls in the reserve...

Random CMCA Practice Test Questions !! 1. The general process by which the control and responsibilities of the governing board of an association are transferred from the developer to the persons who bought unit/lots in the association is called. 2. The date upon which owners gain control of their association. a. audit b. turnover c. restoration d. transition - Ans - 1. d. transition 2. b. turnover A _____________ includes reviewing the governing documents and existing policies an...