M100 COMMUNITY ASSOCIATION
MANAGEMENT COMPREHENSIVE TEST
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
●● What are the three characteristics of a Community Association.
Answer: Mandatory Membership
mutually binding documents
lien based assesments
●● Is membership in the community association is?. Answer: Mandatory
and automatic for all its owners.
●● Why are mandatory lien based assessments (maintenance fees)
levied on each owner. Answer: In owner in order to operate and maintain
the community association
●● What is the primary purpose of a community association. Answer: To
provide for the community, business, and governance aspects of the
association.
●● What are the three basic types of Community Associations. Answer:
Planned Community
MANAGEMENT COMPREHENSIVE TEST
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
●● What are the three characteristics of a Community Association.
Answer: Mandatory Membership
mutually binding documents
lien based assesments
●● Is membership in the community association is?. Answer: Mandatory
and automatic for all its owners.
●● Why are mandatory lien based assessments (maintenance fees)
levied on each owner. Answer: In owner in order to operate and maintain
the community association
●● What is the primary purpose of a community association. Answer: To
provide for the community, business, and governance aspects of the
association.
●● What are the three basic types of Community Associations. Answer:
Planned Community
