CMCA
Articles of Incorporation - Answer-Bring the corporation into existence, defines its basic purposes and
power, indicate whether stock will be issued, and indicate the number of board members
Community Assocation - Answer-Legal entity in which owners enjoy the protection, enhancement,
maintenance and preservation of their homes/property
Characteristics of Community Assoication - Answer-Mandatory Membership
Mutually binding documents
Lien-based assessments
Lien - Answer-Legal claim by association on the property of an owner to obtain debt.
During a lien, owner cannot sell or transfer their property without settling debt
Purposes of a Community Association - Answer-Community
Government
Business
Planned Community - Answer-Owner owns their lot and/or living unit
,The community owns any common areas (EX: tennis courts, roads)
Other names:
Homeowner Association (HOA)
Owner Association
Townhouse Association
Property Owners Association (POA)
Planned Unit Development (PUD)
Condominium - Answer-Individual owns the living unit and an undivided interest (percentage) in the
common elements
The community association itself owns no real estate as an association.
Cooperative - Answer-Individual owns stock or membership and holds a proprietary lease or occupancy
agreement for the unit
Proprietary Lease/Occupancy Agreement - Answer-Defines the member or stockholders rights and
obligations in relation to the unit.
Most cooperatives, the association owns all the real estate as a not-for-profit cooperation.
Master/Umbrella Assocation - Answer-More than one residential community association
Mixed-Use Developments - Answer-Mixture of residential and commercial and/or industrial uses
grouped together
,55 and older Communities - Answer-Must have one person who is 55 years of age or older living in at
least 80% of its occupied units.
Sources of legal obligations for Community Association - Answer-Federal, State and Local statutes,
regulations, and case law
Legal Documents unique to the association that bind the association and its owners
Lender Requirements (secondary mortgage institutions (FHA, fannie mae, freddie mac)
Standards set by professional bodies (EX: auditing standards)
Equal Employment Opportunity Commission (EEOC) - Answer-Federal government prohibits
discrimination against otherwise qualified people in hiring, promotion, dismissal, compensation and
working conditions based on race, color, sex, age, religion, etc.
Fair Debt Collection Practices Act (FDCPA) - Answer-Prohibits unfair and deception methods of collecting
debt. Imposes a consistent and fair method to collect debt.
Fair Labor Standards Act (FLSA) - Answer-Dictates standards for the basic minimum wage and overtime
pay
Family and Medical Leave Act (FMLA) - Answer-Requires employers of 50 or more employees to provide
up to 12 weeks of unpaid leave for the birth or adoption of a child or serious illness of the employee or a
spouse, child, or parent
Federal Insurance Contributions Act (FICA) - Answer-Requires employers and employees to make
matching contributions to Social Security
, Occupational Safety and Health Act (OSHA) - Answer-Prevent injuries and protect the health of
America's workers by ensuring safe and healthful workplaces
EX: Reporting accidents
Safety equipment
Specialized training
Soldiers and Sailors Civil Relief Act (SSCRA) - Answer-Impacts American forces on active duty by requiring
the delay of all civil court actions such as bankruptcy and foreclosure until service member returns from
active duty
U.S. Bankruptcy Code - Answer-Help people and businesses find a way to pay their debt by liquidating
assets or creating a repayment plan.
Associations have the power to collect assessments that come due after the homeowner filed for
bankruptcy
Federal Communication Commission (FCC) - Answer-Rule concerning restrictions on viewers ability to
view programming from direct broadcast satellites, wireless cable, and TV
Fair Housing Act - Answer-Prohibits discrimination in the sale, rental, financing, insuring and other
housing related services based on race, color, religion, or national orgin.
Examples of Fair Housing Act - Answer--55 and Older Communities (does not violate the Fair Housing Act
by excluding children)
- Reasonable Accommodations/Modifications: protects those with disabilities (EX: installing ramps from
the parking area to the sidewalk)
Articles of Incorporation - Answer-Bring the corporation into existence, defines its basic purposes and
power, indicate whether stock will be issued, and indicate the number of board members
Community Assocation - Answer-Legal entity in which owners enjoy the protection, enhancement,
maintenance and preservation of their homes/property
Characteristics of Community Assoication - Answer-Mandatory Membership
Mutually binding documents
Lien-based assessments
Lien - Answer-Legal claim by association on the property of an owner to obtain debt.
During a lien, owner cannot sell or transfer their property without settling debt
Purposes of a Community Association - Answer-Community
Government
Business
Planned Community - Answer-Owner owns their lot and/or living unit
,The community owns any common areas (EX: tennis courts, roads)
Other names:
Homeowner Association (HOA)
Owner Association
Townhouse Association
Property Owners Association (POA)
Planned Unit Development (PUD)
Condominium - Answer-Individual owns the living unit and an undivided interest (percentage) in the
common elements
The community association itself owns no real estate as an association.
Cooperative - Answer-Individual owns stock or membership and holds a proprietary lease or occupancy
agreement for the unit
Proprietary Lease/Occupancy Agreement - Answer-Defines the member or stockholders rights and
obligations in relation to the unit.
Most cooperatives, the association owns all the real estate as a not-for-profit cooperation.
Master/Umbrella Assocation - Answer-More than one residential community association
Mixed-Use Developments - Answer-Mixture of residential and commercial and/or industrial uses
grouped together
,55 and older Communities - Answer-Must have one person who is 55 years of age or older living in at
least 80% of its occupied units.
Sources of legal obligations for Community Association - Answer-Federal, State and Local statutes,
regulations, and case law
Legal Documents unique to the association that bind the association and its owners
Lender Requirements (secondary mortgage institutions (FHA, fannie mae, freddie mac)
Standards set by professional bodies (EX: auditing standards)
Equal Employment Opportunity Commission (EEOC) - Answer-Federal government prohibits
discrimination against otherwise qualified people in hiring, promotion, dismissal, compensation and
working conditions based on race, color, sex, age, religion, etc.
Fair Debt Collection Practices Act (FDCPA) - Answer-Prohibits unfair and deception methods of collecting
debt. Imposes a consistent and fair method to collect debt.
Fair Labor Standards Act (FLSA) - Answer-Dictates standards for the basic minimum wage and overtime
pay
Family and Medical Leave Act (FMLA) - Answer-Requires employers of 50 or more employees to provide
up to 12 weeks of unpaid leave for the birth or adoption of a child or serious illness of the employee or a
spouse, child, or parent
Federal Insurance Contributions Act (FICA) - Answer-Requires employers and employees to make
matching contributions to Social Security
, Occupational Safety and Health Act (OSHA) - Answer-Prevent injuries and protect the health of
America's workers by ensuring safe and healthful workplaces
EX: Reporting accidents
Safety equipment
Specialized training
Soldiers and Sailors Civil Relief Act (SSCRA) - Answer-Impacts American forces on active duty by requiring
the delay of all civil court actions such as bankruptcy and foreclosure until service member returns from
active duty
U.S. Bankruptcy Code - Answer-Help people and businesses find a way to pay their debt by liquidating
assets or creating a repayment plan.
Associations have the power to collect assessments that come due after the homeowner filed for
bankruptcy
Federal Communication Commission (FCC) - Answer-Rule concerning restrictions on viewers ability to
view programming from direct broadcast satellites, wireless cable, and TV
Fair Housing Act - Answer-Prohibits discrimination in the sale, rental, financing, insuring and other
housing related services based on race, color, religion, or national orgin.
Examples of Fair Housing Act - Answer--55 and Older Communities (does not violate the Fair Housing Act
by excluding children)
- Reasonable Accommodations/Modifications: protects those with disabilities (EX: installing ramps from
the parking area to the sidewalk)
