questions with answers
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When is a CIC created? - CORRECT ANSWERS ✔✔A CIC is created
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when the declaration (CC&Rs) is recorded with the county. No
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later than the date the first unit is conveyed
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How many elected board members are required under NRS 116B,
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once the declarant's control of a condominium hotel terminates?
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- CORRECT ANSWERS ✔✔3
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A common interest community is? - CORRECT ANSWERS ✔✔Real
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estate described in a declaration in which individual unit owners
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are required to pay a portion of the expenses related to the
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common elements. |\
in addition to the Declarations Provisions regarding Towing of
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improperly parked cars, the association must comply with NRS? -
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CORRECT ANSWERS ✔✔NRS 487 |\ |\ |\
according to NRS 116, the HOA must be Incorporated before? -
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CORRECT ANSWERS ✔✔the first unit is conveyed |\ |\ |\ |\ |\ |\
the rules of the association can overrule the Declaration if? -
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CORRECT ANSWERS ✔✔the rules cannot overrule the Declaration
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,HOPA requires: - CORRECT ANSWERS ✔✔at least 80% of
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residents must be 55 years of age or older
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NRS 40 deals with? - CORRECT ANSWERS ✔✔construction defects
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Community managers need not have a management contract if: -
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CORRECT ANSWERS ✔✔managers are required to have a written
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contract
the Americans with Disabilities Act includes which life activities? -
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CORRECT ANSWERS ✔✔seeing and hearing
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NRS 118 is often referred to as? - CORRECT ANSWERS ✔✔Nevada
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fair housing law
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a complaint against a community manager or Reserve study
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specialist is reported on? - CORRECT ANSWERS ✔✔form 514 a / B
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- statement of fact
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which of the following is governed by federal (FCC) regulations -
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CORRECT ANSWERS ✔✔satellite dishes |\ |\ |\
a common and potentially dangerous gas found in the soil is? -
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CORRECT ANSWERS ✔✔radon |\ |\
allowing a service animal in an otherwise pet-free cic is? -
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CORRECT ANSWERS ✔✔required under NRS 118
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, ADA title 3 deals with - CORRECT ANSWERS ✔✔public
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accommodation
the Nevada real estate division (NRED) is part of - CORRECT
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ANSWERS ✔✔the Department of Business and Industry
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NRS 116A. 630 requires that Community manager to - CORRECT
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ANSWERS ✔✔act as a fiduciary, exercise ordinary and reasonable
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care, and comply with applicable state and federal laws
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NRS 116a.620 requires the management agreement to include -
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CORRECT ANSWERS ✔✔the physical location of the clients
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records
grounds for disciplinary action include - CORRECT ANSWERS
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✔✔unprofessional conduct, professional incompetence, and |\ |\ |\ |\ |\
negligence
official records of the cic must be - CORRECT ANSWERS ✔✔kept
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for not less than 10 years
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the first law of the hierarchy laws is? - CORRECT ANSWERS
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✔✔the US Constitution |\ |\
when a new Executive Board member is elected, the community
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manager within 30 days must do what? - CORRECT ANSWERS
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✔✔send the new member a copy of the management contract
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