CMCA Exam Questions and Answers 100% Pass

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CMCA Exam Questions and Answers 100% Pass each of the following are 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 ✔✔c. each of the following are basic types of residential community associations except: a. planned community b. townhouse c. cooperative d. condominium ✔✔b. a BLANK is a motion that follows a set format and is formally adopted by the board of directors: a. governing document b. plat c. public offering statement d. resolution ✔✔d. complete the following 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 ✔✔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: a. recorded map, plat, or plan b. declaration, CC&R's, or master deed c. proprietary lease or occupancy agreement d. articles of incorporation ✔✔d. reasons for establishing community rules and architectural guidelines include each of the following 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 where rules have been poorly developed or enforced, the courts are ruling against community associations d. fines are imposed on residents who break community rules are frequently the primary source of association income ✔✔d. which of the following is an exampl [Show More]

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