Docsity
Docsity

Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity


Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan


Guidelines and tips
Guidelines and tips

Community Association Management: Exam Review Questions and Answers, Exams of Nursing

A comprehensive set of review questions and answers covering key aspects of community association management. It delves into topics such as governing documents, management responsibilities, rules and regulations, and the role of the board of directors. The questions are designed to test understanding of fundamental concepts and principles related to community association operations.

Typology: Exams

2024/2025

Available from 04/03/2025

Nurseexcel
Nurseexcel 🇺🇸

5

(1)

832 documents

1 / 9

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
1 / 9
M-100 Actual Exam Review Questions and Answers
100% Verified
1. Each of the folloing are key characteristics of a community association EXCEPT:
A. Mandatory lien-based economic charges or assessments are levied on each oner in
order to operate and maintain the community association.
B. Membership in the ca is mandatory and automatic for all oners.
C. A requirement of ca onership is attending board meetings
D. Certain documents bind all oners to be governed by the community.: C. A requirement
of community association onership is attending board meetings.
2. True or False. The primary purpose of a community association is to provide for the
governance, business, and communal aspects of the association.: True
3. Each of the folloing are basic types of residential community associations EXCEPT:
a. Planned community
b. Tonhouse
c. Cooperative
d. Condominium: b. Tonhouse
4. Adoption of the annual budget is an example of hich of the folloing type of
resolution?
a. policy resolution
b. administrative resolution
c. special resolution
d. general resolution: D. General
5. True or false. The purpose of a community association's governing docu- ments is to
provide for the legal structure and operation of the community.: True
6. True or false. According to the general hierarchy of authority for governing documents,
the bylas ould control in a conflict ith the recorded map, plat, or
plan.: False
7. Complete the folloing sentence: A state statute is one that
applies only
pf3
pf4
pf5
pf8
pf9

Partial preview of the text

Download Community Association Management: Exam Review Questions and Answers and more Exams Nursing in PDF only on Docsity!

M- 100 Actual Exam Review Questions and Answers

100 % Verified

  1. Each of the follo ing are key characteristics of a community association EXCEPT: A. Mandatory lien-based economic charges or assessments are levied on each o ner in order to operate and maintain the community association. B. Membership in the ca is mandatory and automatic for all o ners. C. A requirement of ca o nership is attending board meetings D. Certain documents bind all o ners to be governed by the community.: C. A requirement of community association oẉnership is attending board meetings.
  2. True or False.The primary purpose of a community association is to provide for the governance, business, and communal aspects of the association.: True
  3. Each of the follo ing are basic types of residential community associations EXCEPT: a. Planned community b. To nhouse c. Cooperative d. Condominium: b. Toẉnhouse
  4. Adoption of the annual budget is an example of hich of the follo ing type of resolution? a. policy resolution b. administrative resolution c. special resolution d. general resolution: D. General
  5. True or false. The purpose of a community association's governing docu- ments is to provide for the legal structure and operation of the community.: True
  6. True or false. According to the general hierarchy of authority for governing documents, the byla s ould control in a conflict ith the recorded map, plat, or plan.: False
  7. Complete the follo ing sentence: A state statute is one that applies only

to one or more types of community associations. a. general b. complex c. specific d. uniform: C. Specific

  1. True or false. A proprietary lease or occupancy agreement in a cooperative defines

a. standing committees b. professional committees c. ad hoc committees d. mandatory committees: d. mandatory committees

  1. True or false. The role of the professional community association manager is to make all decisions for the association and to delegate information-gath- ering and fact finding support to the board of directors.: False
  2. .In hich of the follo ing forms of community association management is the association managed by the board itself or by committees under the direction of the board? a. management company b. volunteer or self-management c. association-employed manager d. municipal management: b. volunteer or self-managed
  3. True or false. An increase in assessment delinquencies that is not due to a poor economy may be an example of a arning sign of a eak management situation.: True
  4. Complete the follo ing sentence: A is a statement of goals and objectives approved by the board that includes the yearly cycle of tasks that management should perform on the community association's behalf. a. management audit b. management contract c. management plan d. employment agreement: C management plan
  5. Reasons for establishing community rules and architectural guidelines include each of the follo ing EXCEPT: a. There is the need to create a sense of fairness and equity among residents. b. In contemporary society, people are more likely to question and challenge authority. c. In cases here rules have been poorly developed or enforced, the courts are ruling against community associations. d. Fines imposed on residents ho break community rules are frequently the primary source of association income.: d. Fines imposed on residents ẉho break rules are frequently the primary source of association income.
  6. True or false. According to the general hierarchy of authority for operating community associations, rules and regulations take precedence over the articles of
  1. hich of the follo ing is an example of an architectural guideline? a. pets b. noise c. fencing d. parking: c. fencing
  2. Each of the follo ing are benefits to using the resolution process to adopt rules EXCEPT: a. Provides an informal approach to making rules b. Protects o ners from arbitrary board actions c. Protects the community from charges that could result in inoperable rules d. Provides for consistency in making and ording rules: a. provides an informal approach to making rules
  3. Each of the follo ing are sections of a resolution EXCEPT: a. Authority b. Purpose c. Scope and Intent d. Self help: d. self help
  4. True or false. Governing documents are one of the most important sources of a community's authority to make and enforce rules.: True
  5. hich of the follo ing is not one of the basic steps in a due process procedure? a. Issue a "cease and desist" letter b. Issue a hearing notice if the violation does not end ithin the stated time c. Hold the scheduled hearing if the violation does not end ithin the stated time d. Issue a decision before a hearing is held: d. Issue a decision before a haring is held
  6. True or false. Using alternative dispute resolution to encourage residents to comply ith rules and guidelines is more costly and time consuming than going through the court system.: False
  7. hich of the follo ing is an internal resource a community can use to encourage an o ner or tenant to conform to community association rules? a. Relying on the local health department to determine the appropriate number of occupants in a unit

b. Asking for the local zoning department's help in removing vehicles, boats, and trailers from lots and common areas c. Having the police enforce traffic regulations