CMCA Exam Questions and Answers 2023/24

each of the following are key characteristics of community associations except: a. mandatory Lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association b. membership in the community association is mandatory and automatic for all owners c. a requirement of community association ownership is attending board meetings d. certain documents bind all owners to be governed by the community association CORRECT ANSWERc. each of the following are basic types of residential community associations except: a. planned community b. townhouse c. cooperative d. condominium CORRECT ANSWERb. a BLANK is a motion that follows a set format and is formally adopted by the board of directors: a. governing documentb. plat