Cooperatives - Study guides, Class notes & Summaries

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 - B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association. 2. Under the General Corporate Law _______, community associations have the right to buy,...

Which of the following si true about a capitated Managed Care Organization (MCO) arrangement: a) The provider shifts financial risk to the MCO b) The provider can bil separately for each service provided c) The provider must wait to bil the MCO until services have been provided to a patient d) The provider is paid a set fee - d) The provider is paid a set fee Which of the following is a unit of measure commonly used to determine provider productivity? a) RVU b) CMS c) IPA d) TJC - a) RV...

This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. A) Condemnation B) Taxation C) Police power D) Eminent domain - correct answer D) Eminent domain Precedents are determined by: A) Statutory Law B) Case law C) TRELA D) DTPA - correct answer Wrong A) Statutory Law? This estate may be terminated at will of either party. It has no duration limitation. A) Estate at will B)...

agency - CORRECT ANSWER The relationship of agents and their principals buyer brokerage agreement - CORRECT ANSWER An agreement between a buyer and a broker for the broker to provide services to a buyer for compensation. The broker may be acting as a single agent, transaction broker, or a nonrepesentative. Community association - CORRECT ANSWER can be Condominiums, Cooperatives, Vacation and time-sharing, mobil home park lots, which owners belong and are responsible for; i.e. a...

FL CAM License Exam Questions and Answers 100% Correct FL CAM License Exam Questions and Answers 100% Correct FL CAM License Exam Questions and Answers 100% Correct1. 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 - ANSWER-B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undi...

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 - B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association. 2. Under the General Corporate Law _______, community associations have the right to buy,...

1. This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. A) Condemnation B) Taxation C) Police power D) Eminent domain ANS D) Eminent domain 2. Precedents are determined by A) Statutory Law B) Case law C) TRELA D) DTPA ANS Wrong A) Statutory Law? 3. This estate may be terminated at will of either party. It has no duration limitation. A) Estate at will B) Estate from period to period C) ...

1. Community Association: Mandatory memberships, mutually binding contracts, lien-based assements 2. Purpose of community association: Provide for the community, business, and governance aspects of the association 3. Basic types of community association: Planned communities, condominium, and cooperatives 4. Planned community: HOA, owner association 5. Condominium: Owner of his/her unit 6. Cooperative: Owns stock/holds lease 7. Types of community associations: Master/umbrella, Mixed use dev...

FL CAM License Exam Questions And Correct nswers, Fall 2023. Complete Verified Solution. 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 B. an undivided Condominium means individual ownership of a unit coupled with joint ownership of an undivided share of the common elements as well as mandatory membership in the association....

Cooperatives - ANSWER Joint ownership of a real estate where an individuals purchased shares of stock in a corporation. Condominium is created when the declaration of convenience is recorded in the: - ANSWER Public records of the county where the property is located. Timeshare - ANSWER Community permits individual units to be owned and occupied for fixed period for less than a year.