WITH CORRECT SOLUTIONS.

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CMCA EXAM

WITH CORRECT SOLUTIONS.

each of the following are key characteristics of community

associations except:

• mandatory Lien-based economic charges or assessments

are levied on each owner in order to operate and maintain the community association

• membership in the community association is mandatory and

automatic for all owners

• a requirement of community association ownership is

attending board meetings

• certain documents bind all owners to be governed by the

community association - correct answer- c.

each of the following are basic types of residential community

associations except:

• planned community

• townhouse 1 / 3

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• cooperative

• condominium - correct answer- b.

a BLANK is a motion that follows a set format and is formally

adopted by the board of directors:

• governing document

• plat

• public offering statement

• resolution - correct answer- d.

complete the following sentence: a BLANK state statute is one

that applies only to one or more types of community associations

• general
• complex
• specific
• uniform - correct answer- c. 2 / 3

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complete the following sentence: the BLANK bring the

cooperative into existence, define its basic purposes and

powers, and indicate whether stock will be issued:

• recorded map, plat, or plan

• declaration, CC&R's, or master deed

• proprietary lease or occupancy agreement

• articles of incorporation - correct answer- d.

reasons for establishing community rules and architectural

guidelines include each of the following except:

• there is the need to create a sense of fairness and equity

among residents

• in contemporary society, people are more likely to question

and challenge authority

• in cases where rules have been poorly developed or

enforced, the courts are ruling against community associations

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