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M-100 The Essentials of Community Association Management Exam Study Guide with complete solutions |Latest 2024/2025 $11.99   Add to cart

Exam (elaborations)

M-100 The Essentials of Community Association Management Exam Study Guide with complete solutions |Latest 2024/2025

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  • Course
  • M-100
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  • M-100

Professional advisor Provide board with guidance and perspective on the matters at hand Common mistake to avoid when presenting a budget Neglecting to present any information on how estimates were developed Common mistake to avoid when presenting a budget Presenting so much information ...

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  • November 13, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • M-100
  • M-100
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M-100 The Essentials of Community i.- i.- i.- i.- i.-




Association Management Exam Study Guide i.- i.- i.- i.- i.-




with complete solutions.
i.- i.- i.-




Professional advisor Provide board with guidance and perspective
i.- i.-i.- i.- i.- i.- i.- i.- i.- i.-



on the matters at hand
i.- i.- i.- i.-




Common mistake to avoid when presenting a budget
i.- Neglecting to i.- i.- i.- i.- i.- i.- i.-i.- i.- i.- i.-



present any information on how estimates were developed
i.- i.- i.- i.- i.- i.- i.-




Common mistake to avoid when presenting a budget
i.- Presenting so i.- i.- i.- i.- i.- i.- i.-i.- i.- i.- i.-



much information that people are overwhelmed and confused
i.- i.- i.- i.- i.- i.- i.-




Professional ethics A set of rules or standards that govern the
i.- i.-i.- i.- i.- i.- i.- i.- i.- i.- i.- i.- i.-



conduct of members of a profession
i.- i.- i.- i.- i.-




Management tool i.- i.-i.- i.- Any means used to track record remind or
i.- i.- i.- i.- i.- i.- i.- i.-



command attention i.-




Sustainable lifestyle's Communities that are developed to meet the
i.- i.-i.- i.- i.- i.- i.- i.- i.- i.- i.-



needs of the present without him promising the ability of future
i.- i.- i.- i.- i.- i.- i.- i.- i.- i.- i.-



generations to meet their own needs i.- i.- i.- i.- i.-

,Bid specifications
i.- i.-i.- i.- Detailed instructions about the products or i.- i.- i.- i.- i.- i.-



services requested i.-




Contract An agreement between two or more parties, enforceable
i.-i.- i.- i.- i.- i.- i.- i.- i.- i.- i.-



by law, by which each party promises to do or not to do something.
i.- i.- i.- i.- i.- i.- i.- i.- i.- i.- i.- i.- i.-




Financial protection A provision for the community associations
i.- i.-i.- i.- i.- i.- i.- i.- i.- i.-



financial protection if the contractor should default
i.- i.- i.- i.- i.- i.-




Performance bond A guaranteed by a surety to protect the i.- i.-i.- i.- i.- i.- i.- i.- i.- i.- i.- i.-



community association if the contractor failed to perform or finish the
i.- i.- i.- i.- i.- i.- i.- i.- i.- i.- i.-



work


Community Association Mandatory memberships, mutually
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binding contracts, lien-based assements
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Purpose of community associationi.- Provide for the community,
i.- i.- i.-i.- i.- i.- i.- i.- i.-



business, and governance aspects of the association
i.- i.- i.- i.- i.- i.-




Basic types of community association
i.- i.- i.- i.- i.-i.- i.- Planned communities, i.- i.-



condominium, and cooperatives i.- i.-




Planned community i.- i.-i.- i.- HOA, owner association i.- i.-

, Condominium i.-i.- i.- Owner of his/her unit i.- i.- i.-




Cooperative i.-i.- i.- Owns stock/holds lease i.- i.-




Types of community associations
i.- i.- i.- i.-i.- i.- Master/umbrella,
Mixed use development, 55 and older
i.- i.- i.- i.- i.-




Association derives legal obligation from Federal, state and local
i.- i.- i.- i.- i.-i.- i.- i.- i.- i.- i.-



laws- legal documents, lender requirements, standards set by
i.- i.- i.- i.- i.- i.- i.- i.-



professional bodies i.-




EEOC i.-i.- i.- Equal employment opportunity commission
i.- i.- i.-




Equal employment opportunity commission
i.- i.- i.- i.-i.- i.- Prohibits i.-



discrimination in hiring, promoting, etc. i.- i.- i.- i.-




FLSA i.-i.- i.- Fair Labor Standards Act i.- i.- i.-




Fair Labor Standards Act
i.- i.- i.- i.-i.- i.- Dictates standards for minimum wage i.- i.- i.- i.-




FMLA i.-i.- i.- Family Medical Leave Act i.- i.- i.-

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