CMCA Exam fully solved & updated (latest version verified for accuracy) | Latest!!

CMCA Exam fully solved & updated (latest
version verified for accuracy) | Latest!!

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Terms in this set (63)

,each of the following are c.
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

, each of the following are b.
basic types of residential
community associations
except:


a. planned community


b. townhouse


c. cooperative


d. condominium

a BLANK is a motion that d.
follows a set format and is
formally adopted by the
board of directors:


a. governing document


b. plat


c. public offering
statement


d. resolution

complete the following c.
sentence: a BLANK state
statute is one that applies
only to one or more types
of community associations


a. general
b. complex
c. specific
d. uniform