M 100
Central Piedmont Community College
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M100 Quiz Review:M100 Community Association Management:M 100 The Essentials of Community Association Management:M100 Exam Study Guide: Updated Solutions : Guaranteed A+ Guide
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M100 Quiz Review:M100 Community Association Management:M 100 The Essentials of Community Association Management:M100 Exam Study Guide: Updated Solution : Guaranteed A+ Guide
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M 100 The Essentials of Community Association Management: Updated A+Score Guide
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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 like a mini-government 
Community - Mutual reasons for buying into area 
 
3 Basic Types of Community Associations 
(Ans- 
Planned Community - Owners owns his lot/living unit and community owns common areas (tennis courts, basketball courts, etc.). 
Condominium - Individual...
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