Exam Readiness Assessment
When is a CIC created? - ANS ✔✔A CIC is created when the declaration (CC&Rs) is recorded
with the county. No later than the date the first unit is conveyed
How many elected board members are required under NRS 116B, once the declarant's control
of a condominium hotel terminates? - ANS ✔✔3
A common interest community is? - ANS ✔✔Real estate described in a declaration in which
individual unit owners are required to pay a portion of the expenses related to the common
elements.
in addition to the Declarations Provisions regarding Towing of improperly parked cars, the
association must comply with NRS? - ANS ✔✔NRS 487
according to NRS 116, the HOA must be Incorporated before? - ANS ✔✔the first unit is
conveyed
the rules of the association can overrule the Declaration if? - ANS ✔✔the rules cannot overrule
the Declaration
HOPA requires: - ANS ✔✔at least 80% of residents must be 55 years of age or older
NRS 40 deals with? - ANS ✔✔construction defects
Community managers need not have a management contract if: - ANS ✔✔managers are
required to have a written contract
,the Americans with Disabilities Act includes which life activities? - ANS ✔✔seeing and hearing
NRS 118 is often referred to as? - ANS ✔✔Nevada fair housing law
a complaint against a community manager or Reserve study specialist is reported on? - ANS
✔✔form 514 a / B - statement of fact
which of the following is governed by federal (FCC) regulations - ANS ✔✔satellite dishes
a common and potentially dangerous gas found in the soil is? - ANS ✔✔radon
allowing a service animal in an otherwise pet-free cic is? - ANS ✔✔required under NRS 118
ADA title 3 deals with - ANS ✔✔public accommodation
the Nevada real estate division (NRED) is part of - ANS ✔✔the Department of Business and
Industry
NRS 116A. 630 requires that Community manager to - ANS ✔✔act as a fiduciary, exercise
ordinary and reasonable care, and comply with applicable state and federal laws
NRS 116a.620 requires the management agreement to include - ANS ✔✔the physical location of
the clients records
grounds for disciplinary action include - ANS ✔✔unprofessional conduct, professional
incompetence, and negligence
official records of the cic must be - ANS ✔✔kept for not less than 10 years
, the first law of the hierarchy laws is? - ANS ✔✔the US Constitution
when a new Executive Board member is elected, the community manager within 30 days must
do what? - ANS ✔✔send the new member a copy of the management contract
when a new manager is hired, the current manager must do what? - ANS ✔✔turn over
Association records within 30 days even if the association still owes money to the current
manager
NRS 116a. 610 requires the manager to disclose to potential clients, what? - ANS ✔✔any
Financial relationship with a homeowner or board member
the Virginia Graham Baker Act covers what? - ANS ✔✔Pools and Spas
there is a conflict, which statute prevails? - ANS ✔✔NRS 116
ADA modifications may include - ANS ✔✔wider doorways, grab bars in bathrooms, and lower
counters and sinks to accommodate wheelchairs
the management contract must not include - ANS ✔✔incentives based on the number of
governing document violations
bribery of a community manager is? - ANS ✔✔a category D Felony
what would constitute a major health and safety concern for an HOA? - ANS ✔✔mold behind
walls