CMCA UPDATED 2026 STUDY GUIDE QUESTIONS AND
SOLUTIONS GRADED A+
✔✔Motion - ✔✔A formal proposal stating that the association took a certain action.
✔✔Notice of meeting - ✔✔An official announcement that a meeting will take place,
which should be sent in writing to board members at least a week before a meeting.
✔✔Management report - ✔✔Report on the association's current management and
administrative activities.
✔✔Absentation - ✔✔When a participant in a vote either does not go to vote or, in
parliamentary procedure, is present during the vote, but does not cast ballot. May be
used to indicate the voting individual's ambivalence or mild disapproval. They do not
count in tallying the vote and attend the meeting to constitute a quorum.
✔✔Action item list - ✔✔a documented event, task, activity, or action that needs to take
place. Usually documented in the meeting minutes and are recorded in the task list of
the group. At the next meeting the action item list is reviewed by the group and at the
meeting the facilitator will check the status of these items.
✔✔Agenda - ✔✔a list of meeting activities in the order in which they are to be taken up,
beginning with the call to order and ending with the adjournment.
✔✔Section 2: Governance and Legal Issues - ✔✔
✔✔Planned community - ✔✔the most common type of community association, where
an owner owns his or her lot and/or living unit and the community owns any common
areas, such as tennis courts and roads for the use and benefit of the lot owners
✔✔Fiduciary duty - ✔✔requires director to act in the best interests and for the benefit of
the corporation, this the community as a whole. This has two components: the members
are required to avoid conflicts of interest and acting out of self-interest, and the
members are also required to act as reasonable people in managing the association's
affairs.
✔✔Alternative dispute resolution - ✔✔Mediation, arbitration and other ways of resolving
conflicts with the help of a specially trained neutral third party without the need for a
formal trial or hearing.
✔✔Hierarchy of authority - ✔✔Rules and architectural guidelines may not contradict or
be in conflict with the legal sources that take precedence over them. Although rules and
architectural guidelines are lower in authority for community associations, they may
clarify and expand a community's governing documents-but may not conflict with the
other governing documents.
, ✔✔Management ethics - ✔✔the specific choices to be made by an individual in his or
her relationships with others. The assumptions is that the special expertise held by the
members of the profession holds them to a high standard of trust by others.
✔✔Appeal - ✔✔a request for a review of a case by the higher authority- if permitted by
the governing documents or statute.
✔✔Hearing notice - ✔✔a written notice to an alleged violator that a hearing will be held
to consider his or her alleged violator
✔✔public offering statement - ✔✔a disclosure statement prepared by a developer that
contains all material facts about a property offered for sale and that must be provided to
a prospective purchaser in accordance with applicable state or federal law.
✔✔Business judgment rule - ✔✔if a board has exercised a decision, the court will
generally not consider the board negligent in its fiduciary duty, nor will the court
substitute its judgment for that of the board. However, the board must demonstrate how
it has taken care in reaching a decision. It is up to the court to decide if the board had
exercised reasonable business judgement.
✔✔Management audit - ✔✔consists of a review of governing documents and existing
policies and procedures, current condition of the property, owner/resident satisfaction,
and fiscal operations.
✔✔Ad hoc committee - ✔✔Used when a an objective needs consideration and no
standing committee within organization can absorb that issue into its scope
✔✔Rule - ✔✔a specific statement of required behavior whose violation carries a penalty
(sometimes called a sanction)
✔✔Management plan - ✔✔A statement of foals and objectives approved nu the bar. It
includes the yearly cycle of tasks that management should perform on the community
association's behalf
✔✔Board liaison system - ✔✔directors are assigned to guide the system on Board
policy and procedures and to report back to the Board.
✔✔Statute - ✔✔A formal written enactment of a legislative authority that governs a
country, state, city, or county.
✔✔Default hearing - ✔✔A hearing held when the alleged violator fails to appear
SOLUTIONS GRADED A+
✔✔Motion - ✔✔A formal proposal stating that the association took a certain action.
✔✔Notice of meeting - ✔✔An official announcement that a meeting will take place,
which should be sent in writing to board members at least a week before a meeting.
✔✔Management report - ✔✔Report on the association's current management and
administrative activities.
✔✔Absentation - ✔✔When a participant in a vote either does not go to vote or, in
parliamentary procedure, is present during the vote, but does not cast ballot. May be
used to indicate the voting individual's ambivalence or mild disapproval. They do not
count in tallying the vote and attend the meeting to constitute a quorum.
✔✔Action item list - ✔✔a documented event, task, activity, or action that needs to take
place. Usually documented in the meeting minutes and are recorded in the task list of
the group. At the next meeting the action item list is reviewed by the group and at the
meeting the facilitator will check the status of these items.
✔✔Agenda - ✔✔a list of meeting activities in the order in which they are to be taken up,
beginning with the call to order and ending with the adjournment.
✔✔Section 2: Governance and Legal Issues - ✔✔
✔✔Planned community - ✔✔the most common type of community association, where
an owner owns his or her lot and/or living unit and the community owns any common
areas, such as tennis courts and roads for the use and benefit of the lot owners
✔✔Fiduciary duty - ✔✔requires director to act in the best interests and for the benefit of
the corporation, this the community as a whole. This has two components: the members
are required to avoid conflicts of interest and acting out of self-interest, and the
members are also required to act as reasonable people in managing the association's
affairs.
✔✔Alternative dispute resolution - ✔✔Mediation, arbitration and other ways of resolving
conflicts with the help of a specially trained neutral third party without the need for a
formal trial or hearing.
✔✔Hierarchy of authority - ✔✔Rules and architectural guidelines may not contradict or
be in conflict with the legal sources that take precedence over them. Although rules and
architectural guidelines are lower in authority for community associations, they may
clarify and expand a community's governing documents-but may not conflict with the
other governing documents.
, ✔✔Management ethics - ✔✔the specific choices to be made by an individual in his or
her relationships with others. The assumptions is that the special expertise held by the
members of the profession holds them to a high standard of trust by others.
✔✔Appeal - ✔✔a request for a review of a case by the higher authority- if permitted by
the governing documents or statute.
✔✔Hearing notice - ✔✔a written notice to an alleged violator that a hearing will be held
to consider his or her alleged violator
✔✔public offering statement - ✔✔a disclosure statement prepared by a developer that
contains all material facts about a property offered for sale and that must be provided to
a prospective purchaser in accordance with applicable state or federal law.
✔✔Business judgment rule - ✔✔if a board has exercised a decision, the court will
generally not consider the board negligent in its fiduciary duty, nor will the court
substitute its judgment for that of the board. However, the board must demonstrate how
it has taken care in reaching a decision. It is up to the court to decide if the board had
exercised reasonable business judgement.
✔✔Management audit - ✔✔consists of a review of governing documents and existing
policies and procedures, current condition of the property, owner/resident satisfaction,
and fiscal operations.
✔✔Ad hoc committee - ✔✔Used when a an objective needs consideration and no
standing committee within organization can absorb that issue into its scope
✔✔Rule - ✔✔a specific statement of required behavior whose violation carries a penalty
(sometimes called a sanction)
✔✔Management plan - ✔✔A statement of foals and objectives approved nu the bar. It
includes the yearly cycle of tasks that management should perform on the community
association's behalf
✔✔Board liaison system - ✔✔directors are assigned to guide the system on Board
policy and procedures and to report back to the Board.
✔✔Statute - ✔✔A formal written enactment of a legislative authority that governs a
country, state, city, or county.
✔✔Default hearing - ✔✔A hearing held when the alleged violator fails to appear
