AND ANSWERS GOOD SCORE IS
GUARANTEED GRADE A+
which of the following is an organization of homeowners in a large
condominium or planned unit development, which includes
representatives for other smaller homeowner organizations?
a. master association
b. standing committee
c. community association
d. umbrella association - ANSWERS-a.
each of the following are basic types of residential community
associations except:
a. planned community
b. townhouse
,c. cooperative
d. condominium - ANSWERS-b.
a BLANK is a motion that follows a set format and is formally adopted
by the board of directors:
a. governing document
b. plat
c. public offering statement
d. resolution - ANSWERS-d.
complete the following sentence: a BLANK state statute is one that
applies only to one or more types of community associations
a. general
b. complex
c. specific
d. uniform - ANSWERS-c.
,complete the following sentence: the BLANK bring the cooperative into
existence, define its basic purposes and powers, and indicate whether
stock will be issued:
a. recorded map, plat, or plan
b. declaration, CC&R's, or master deed
c. proprietary lease or occupancy agreement
d. articles of incorporation - ANSWERS-d.
reasons for establishing community rules and architectural guidelines
include each of the following except:
a. there is the need to create a sense of fairness and equity among
residents
b. in contemporary society, people are more likely to question and
challenge authority
c. in cases where rules have been poorly developed or enforced, the
courts are ruling against community associations
, d. fines are imposed on residents who break community rules are
frequently the primary source of association income - ANSWERS-d.
each of the following are key characteristics of community associations
except:
a. mandatory Lien-based economic charges or assessments are levied
on each owner in order to operate and maintain the community
association
b. membership in the community association is mandatory and
automatic for all owners
c. a requirement of community association ownership is attending
board meetings
d. certain documents bind all owners to be governed by the community
association - ANSWERS-c.
which of the following is an example of an architectural guideline?
a. pets
b. noise