Test Bank: [CAM*CMCA8M-100] comprehensive Study Guide

Reviewed M-100 QUIZ with 100% Correct Answers |latest| Each of the following are key characteristics of a community association 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 ...

Verified Community Association Manager |Latest Release| A community association is Generally defined as real or personal property,owned by two or more entities, which share the responsibility for the cost of maintenance and administration *Ans* True Purchasers of a timeshare plan have a 10 d...

M-100 The Essentials of Community Association Management STUDY GUIDE [Latest Release] Characteristics of a Community Association *Ans* Mandatory membership Mutually binding documents Lien-based assessments Purposes of a Community Association *Ans* Business - Not for profit Government - Runs...

Latest Community Association Management with 100% Correct Answers *Ans* Does a condo owner who manages his own community on a part-time basis need a real estate license? *Ans* No Does a CPA who collects association assessments need a real estate license? *Ans* No Does a person working for a ...

Approved CMCA Practice Test Questions and Answers! With 100% Correct Answers Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contracto...

Latest Florida Community Association Manager Prelicensure Course 100% Correct with |Updated| After purchasing the mobile home park, the residents form a community association and hire a paid manager. The manager must be licensed under Part VIII of Chapter 468 if the budget of the associatio...

Latest CAM - Community Association Manager License GA 100% Correct Answers The Year 1925 *Ans* License Law enacted and the GREC (Georgia Real Estate Commission) was created to protect from harmful acts of Real Estate brokers. GREC *Ans* Georgia Real Estate Commission; holds 6 members. 1 of whi...

CAM License Exam with 100% Correct Answers |New Release| being licensed under part VIII of chapter 468 F.S. means *Ans* you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners *Ans*...

FL CAM License Certification Exam with 100% Correct Answers |Latest Release| 1. Condominium form of ownership is comprised of units owned by one or more persons and joint ownership of ________ share in the common elements. A. a percentage B. an undivided C. a proportional D. a complete *Ans...