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CMCA Study Guide Questions and Answers Already Passed

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Articles of incorporation ✔✔Bring the corporation into existence, define its basic purposes and powers, indicate whether stock will be issued, and indicate whether there will be a board of d ... irectors Bylaws ✔✔Formally adopted governing regulations for the administration and management of a community association CC & Rs (Covenants, Conditions & Restrictions) ✔✔The governing documents that dictate how the homeowners association operates and what rules the owners—and their tenants and guests — must obey. These legal documents might also be called the bylaws, the master deed, the houses rules or another name. These documents and rules are legally enforceable by the homeowners association, unless a specific provision conflicts with federal, state or local laws [Show More]

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