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1 CMCA Exam 2023 COMPLETE
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 -
ANSWER>>c.Each of the following are basic types of residential community associations except:
- planned community
- townhouse
- cooperative
- condominium - ANSWER>>b. 1 / 3
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2 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 - 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 - ANSWER>>c.
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
- / 3
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- declaration, CC&R's, or master deed
- proprietary lease or occupancy agreement
- articles of incorporation - 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
- fines are imposed on residents who break community rules are frequently the primary source
of association income - ANSWER>>d.which of the following is an example of an architectural guideline?
- pets
- noise
- / 3