CMCA EXAM, PRACTICE EXAM AND STUDY GUIDE LATEST ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS
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Course
2024/2025
Institution
2024/2025
CMCA EXAM, PRACTICE EXAM AND STUDY GUIDE
LATEST ACTUAL EXAM 100 QUESTIONS
AND CORRECT DETAILED ANSWERS
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 maint...
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 - Answer✔️✔️-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 - Answer✔️✔️-d.
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