Community Association Manager Exam with
Questions Solved 100% Correct
A homeowners association may suspend voting rights if a member is more than 90 days late in
paying an assessment or other monetary amount - ✔✔True
If approved by a majority of the voting interests present at a duly called and quorumed HOA
meeting, the members may vote to have the association prepare an annual review rather than
an annual audit, where the annual revenues were $750,000.00 - ✔✔False
25% of the members have petitioned it cooperative board for an audit rather than a
compilation, when past years annual revenues were $250,000. The association must hold a
membership meeting early within 30 days after receiving the petition to vote on this issue -
✔✔True
Homeowners association member meetings require a quorum of 30% of the total folding
interest unless a different number is provided in the bylaws - ✔✔True
The ombudsman Will monitor a cooperative election, it's 20% of the total voting interests, or six
members, whichever is greater, have signed a petition so requesting - ✔✔False
At an annual meeting of an HOA, even if a quorum is not present, the association may conduct
the election if it has received ballots from 20% of the members - ✔✔False
The DBPR governance form discusses the role of the condominium board in conducting day to
day affairs and the rights of members to attend and speak at meetings, among other things -
✔✔True
Members in a cooperative association may not elect directors by voting in person at the
meeting. They must vote by general proxy - ✔✔False
, Members wishing to petition the court for a receivership for their condominiums need only
mail a notice to other members and post a notice for 14 days - ✔✔False
The Board of Directors is the managing entity for a community association - ✔✔True
At a condominium election, once the first outer envelope is open, the Association may accept
no additional ballots - ✔✔True
All community associations are required to have a financial plan that sets forth the proposed
revenues and expenditures of funds for the maintenance and management of association
properties for the fiscal year - ✔✔True
All states require the community association managers be licensed by taking a course and
passing an examination - ✔✔False
If a community association has a minimum of 10 units, or a budget in excess of $150,000, it
must hire a certified community association manager - ✔✔False
If an inner envelope contains more than one, neither ballot is valid - ✔✔True
To become a community association manager, a person must be at least 21 years of age -
✔✔False
Members do not have the right to participate in a board meeting's, unless otherwise provided
by the documents - ✔✔False
Preventive maintenance is an approach focused on predicting the likelihood of equipment
failure, at which time the equipment is repaired or replaced - ✔✔False
Questions Solved 100% Correct
A homeowners association may suspend voting rights if a member is more than 90 days late in
paying an assessment or other monetary amount - ✔✔True
If approved by a majority of the voting interests present at a duly called and quorumed HOA
meeting, the members may vote to have the association prepare an annual review rather than
an annual audit, where the annual revenues were $750,000.00 - ✔✔False
25% of the members have petitioned it cooperative board for an audit rather than a
compilation, when past years annual revenues were $250,000. The association must hold a
membership meeting early within 30 days after receiving the petition to vote on this issue -
✔✔True
Homeowners association member meetings require a quorum of 30% of the total folding
interest unless a different number is provided in the bylaws - ✔✔True
The ombudsman Will monitor a cooperative election, it's 20% of the total voting interests, or six
members, whichever is greater, have signed a petition so requesting - ✔✔False
At an annual meeting of an HOA, even if a quorum is not present, the association may conduct
the election if it has received ballots from 20% of the members - ✔✔False
The DBPR governance form discusses the role of the condominium board in conducting day to
day affairs and the rights of members to attend and speak at meetings, among other things -
✔✔True
Members in a cooperative association may not elect directors by voting in person at the
meeting. They must vote by general proxy - ✔✔False
, Members wishing to petition the court for a receivership for their condominiums need only
mail a notice to other members and post a notice for 14 days - ✔✔False
The Board of Directors is the managing entity for a community association - ✔✔True
At a condominium election, once the first outer envelope is open, the Association may accept
no additional ballots - ✔✔True
All community associations are required to have a financial plan that sets forth the proposed
revenues and expenditures of funds for the maintenance and management of association
properties for the fiscal year - ✔✔True
All states require the community association managers be licensed by taking a course and
passing an examination - ✔✔False
If a community association has a minimum of 10 units, or a budget in excess of $150,000, it
must hire a certified community association manager - ✔✔False
If an inner envelope contains more than one, neither ballot is valid - ✔✔True
To become a community association manager, a person must be at least 21 years of age -
✔✔False
Members do not have the right to participate in a board meeting's, unless otherwise provided
by the documents - ✔✔False
Preventive maintenance is an approach focused on predicting the likelihood of equipment
failure, at which time the equipment is repaired or replaced - ✔✔False
