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Community Association Management – HOA Governance, Financial Management and Operations Study Guide

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Community Association Management – HOA Governance, Financial Management and Operations Study Guide

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Community Association Management
Course
Community association management

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Community Association Management – HOA Governance, Financial Management and
Operations Study Guide



When did Georgia real estate license? I'll make it mandatory for someone and gage and
community association management (CAM) to hold a real estate license? - ✔✔1997



The legislation, the office, the option to create a homeowners association in Georgia is known
as the - ✔✔Georgia property owners association act of 1994



The community association manager must

a. Decide whether or not to follow the boards establish guidelines.

b. Ignore the bylaws of the association for the good of a community.

c. Bring a sense of flexibility to the community.

d. Prepare and submit a budget. - ✔✔Prepare and submit a budget



Georgia law introduced the ____________ in 1997. - ✔✔Community association management
(CAM) license



which of the following is a similarity between CAM and sales person license?

a. Both see a.m. and sales person licensees can list and sell properties

b. Both CAM and sales person licensees are only permitted to work if they do so as agents and
brokers.

c. Both CAM and sales person licensees may enter into a contract themselves.

d. Both see CAM and sales person licensees do not have to take continuing education courses. -
✔✔both CAM and salesperson licensees are only permitted to work if they do so as agents and
brokers



which of the following is currently delegated to the community association manager?

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Institution
Community association management
Course
Community association management

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