WITH VERIFIED QUESTIONS AND ANSWERS
The Division may investigate and audit all financial accounts related to an
association if the Division has reasonable cause to believe that the accounts or
records of the association have not been properly maintained and the Division:
Choose only ONE best answer.
A) Has reasonable cause to believe that the association is insolvent or is in any
financial condition or has engaged in any financial practice which creates a
substantial risk of insolvency.
B) Has received a credible complaint that the association is insolvent or is in
any financial condition or has engaged in any financial practice which creates a
substantial risk of insolvency.
C) Both A and B
D) None of the above - ANSWER-C) Both A and B
The Division shall act upon all applications for a certificate within ___ days
after the date of receiving the completed application for a certificate. If the
Division determines that additional investigation of the applicant is necessary,
the Division may extend the period and may make such additional investigation
as is necessary or desirable before acting upon the application. Choose only
ONE best answer.
A) 180
B) 60
C) 90
D) 45 - ANSWER-B) 60
,The applicant for a temporary certificate must submit to the Division evidence
that the applicant:
(1) Holds a professional designation in the field of management of a common-
interest community from a nationally recognized organization;
(2) Has been engaged full-time in the management of a common-interest
community for at least ______ years; and
(3) Has not been the subject of any disciplinary action in another state in
connection with the management of a common-interest community. Choose
only ONE best answer.
A) 3
B) 2 out of the last 4
C) 3
D) 5 - ANSWER-D) 5
Who has the authority to request the dismissal of a civil action commenced by
an association?
Choose only ONE best answer.
A) Any unit owner
B) Only the president of the board
C) The attorney representing the association
D) The community manager - ANSWER-A) Any unit owner
How many days' notice must an association provide before a meeting to
consider a civil action?
Choose only ONE best answer.
A) 7 calendar days
B) 14 calendar days
C) 21 calendar days
D) 30 calendar days - ANSWER-C) 21 calendar days
,Under what conditions can an association commence a civil action without a
majority vote?
Choose only ONE best answer.
A) To enforce a contract with a vendor
B) To amend the governing documents
C) To revise the association budget
D) To remove an executive board member - ANSWER-A) To enforce a contract
with a vendor
How must votes cast by absentee ballot be handled?
Choose only ONE best answer.
A) They must be excluded from the tally of a vote taken at the meeting
B) They must be counted separately but not included in the official count
C) They must only be used if the voter is not physically able to attend the
meeting
D) They must be included in the tally of a vote taken at the meeting -
ANSWER-D) They must be included in the tally of a vote taken at the meeting
What is required for a proxy to be valid?
Choose only ONE best answer.
A) It must be notarized
B) It must designate each specific item on the agenda of the meeting
C) It must allow the holder to vote however they choose
D) It must be written in electronic format - ANSWER-B) It must designate each
specific item on the agenda of the meeting
How long is a proxy valid?
Choose only ONE best answer.
A) Until revoked by the unit's owner
, B) Until the end of the calendar year
C) Until the next meeting of the association
D) Until the conclusion of the meeting for which it was executed - ANSWER-
D) Until the conclusion of the meeting for which it was executed
A fine cannot be imposed for violations involving:
Choose only ONE best answer.
A) Noise complaints
B) A person delivering goods or services who violates vehicle-related rules
C) Illegal construction on the property
D) Unauthorized pets - ANSWER-B) A person delivering goods or services
who violates vehicle-related rules
If the violation is not cured within 14 days after a fine is imposed, what
happens?
Choose only ONE best answer.
A) The fine is waived automatically
B) The unit owner's voting rights are revoked indefinitely
C) The unit is seized by the association
D) The violation is considered a continuing violation, and additional fines may
be imposed every 7 days - ANSWER-D) The violation is considered a
continuing violation, and additional fines may be imposed every 7 days
A provisional community association manager must provide evidence of
completing at least _____ hours of full time experience within a two-year
period, verified by a supervising community association manager, in order to
apply for a non-provisional community association manager certificate. Choose
only ONE best answer.
A) 1640
B) 3120