ACTUAL EXAM TEST BANK|
COMPLETE 80 REAL EXAM
QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+
(MOST RECENT!!)
EachmofmthemfollowingmaremkeymcharacteristicsmofmcommunitymassociationsmEXCEPT:
A.mMandatorymlien-
basedmeconomicmchargesmormassessmentsmaremleviedmonmeachmownerminmordermtomoperatemandm
maintainmthemcommunitymassociation
B.mMembershipminmthemcommunitymassociationmismmandatorymandmautomaticmformallmowners
C.mAmrequirementmofmcommunitymassociationmownershipmismservingmonmthemboardmofmdirectors
D.mCertainmdocumentsmbindmallmownersmtombemgovernedmbymthemcommunitymassociationm-
mCORRECTmANSWERmC.mAmrequirementmofmcommunitymassociationmownershipmismservingmonmthem
boardmofmdirectors
TruemormFalse.mThemprimarympurposemofmamcommunitymassociationmismtomprovidemformthemgoverna
nce,mbusiness,mandmcommunalmaspectsmofmthemassociation.m-mCORRECTmANSWERmTrue
EachmofmthemfollowingmarembasicmtypesmofmresidentialmcommunitymassociationsmEXCEPT:
A.mPlannedmcommunity
B.mTownhouse
C.mCooperative
D.mCondominiumm-mCORRECTmANSWERmB.mTownhouse