CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
CMCA Study Guide
1. Articles of incorporation: Bring the corporation into existence, define its basic
purposes and powers, indicate whether stock will be issued, and indicate whether
there will be a board
of directors
2. Bylaws: Formally adopted governing regulations for the administration and man-
agement of a community association
3. CC & Rs (Covenants, Conditions & Restrictions): The governing documents
that
dictate how the homeowners association operates and what rules the owners and
their tenants and guests
must obey. These legal documents might also be called
1 of 41 1/20/2026, 1:07 AM
,CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
the bylaws, the master deed, the houses rules or another name. These documents
and rules are legally enforceable by the homeowners association, unless a specific
provision conflicts with federal, state or local laws
4. Community association: A group of owners who wish to provide a communal
basis for preserving, maintaining, and enhancing their homes and property
5. Condominium: A living unit fully owned by an individual with an undivided interest
in the common elements of the community. The community association itself owns
no
real estate as an association
6. Cooperative: Wherein an individual owns stock or membership in the coopera-
tive, and holds a proprietary lease or occupancy agreement for his or her living unit
7. Declaration: Used interchangeably with CC & Rs
8. Governing documents: Documents which provide for the legal structure and
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,CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
operation of the community
9. Indemnification: to exempt an individual or entity from responsibility for claims
made against the organization and to reimburse the individual or entity for damages
or expenses incurred as a result of such claims
10. Master association: An organization of homeowners in a large condominium or
planned unit development (PUD) which includes representatives from other, smaller
homeowner organizations
11. Mixed use development: A development which is designed to mix two or more
"uses" of land together (i.e. a shopping center which offers office space for dentists)
12. 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
13. Proprietary lease: A rental agreement between a cooperative housing corpo-
3 of 41 1/20/2026, 1:07 AM
,CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
ration and a share holder allowing use of a certain unit in the premises
4 of 41
1/20/2026, 1:07 AM
CMCA Study Guide
1. Articles of incorporation: Bring the corporation into existence, define its basic
purposes and powers, indicate whether stock will be issued, and indicate whether
there will be a board
of directors
2. Bylaws: Formally adopted governing regulations for the administration and man-
agement of a community association
3. CC & Rs (Covenants, Conditions & Restrictions): The governing documents
that
dictate how the homeowners association operates and what rules the owners and
their tenants and guests
must obey. These legal documents might also be called
1 of 41 1/20/2026, 1:07 AM
,CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
the bylaws, the master deed, the houses rules or another name. These documents
and rules are legally enforceable by the homeowners association, unless a specific
provision conflicts with federal, state or local laws
4. Community association: A group of owners who wish to provide a communal
basis for preserving, maintaining, and enhancing their homes and property
5. Condominium: A living unit fully owned by an individual with an undivided interest
in the common elements of the community. The community association itself owns
no
real estate as an association
6. Cooperative: Wherein an individual owns stock or membership in the coopera-
tive, and holds a proprietary lease or occupancy agreement for his or her living unit
7. Declaration: Used interchangeably with CC & Rs
8. Governing documents: Documents which provide for the legal structure and
2 of 41 1/20/2026, 1:07 AM
,CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
operation of the community
9. Indemnification: to exempt an individual or entity from responsibility for claims
made against the organization and to reimburse the individual or entity for damages
or expenses incurred as a result of such claims
10. Master association: An organization of homeowners in a large condominium or
planned unit development (PUD) which includes representatives from other, smaller
homeowner organizations
11. Mixed use development: A development which is designed to mix two or more
"uses" of land together (i.e. a shopping center which offers office space for dentists)
12. 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
13. Proprietary lease: A rental agreement between a cooperative housing corpo-
3 of 41 1/20/2026, 1:07 AM
,CMCA Study Guide.pdf file:///C:/Users/FJ/Downloads/CMCA%20Study%20Guide.pdf
ration and a share holder allowing use of a certain unit in the premises
4 of 41
1/20/2026, 1:07 AM
