EXAM WITH COMPLETE ACCURATE
QUESTIONS AND DETAILED ANSWERS GRADED
A | BRAND NEW!!!
Mary High-Esteem has previously agreed to serve as a board
member. At the annual meeting she is elected to the board of
directors. Her term of office will begin:
A. after the adjournment of the membership meeting
B. in seven days
C. in 30 days
D. at the next annual meeting
A.
When the condominium board receives a written request for
access to official records for inspection by a unit owner, the
board must provide the access to the records within:
A. 5 business days
B. 10 business days
C. 30 business days
,D. 90 business days
B.
The Condominium Act states that rent escalations clauses
based on the C.P.I. Are:
A. A great deal for the unit owners
B. Unconscionable and unenforceable in a leasehold
condominium
C. Legal
D. Legal if agreed to by the unit owners
B.
The board of the Lethargy Homeowners' Association questions
the proper voting procedure to elect board members for those
members who are not physically present at the annual meeting.
Members who are not present may vote in the election by
which of the following methods if allowed in the governing
documents?
A. Secret Ballot
B. Conference call
,C. Speaker telephone
D. Limited proxy
A.
The Oaktree Condominium Association has been in existence
for 17 years. A member makes a request to management for
copied of all the records of the association going back to the
date of its creation. Management must provide records for
which of the following periods of time?
A. Seven years
B. Seventeen years
C. Three years
D. Five years
A.
A cooperative developer failing to pay the required fee or make
the proper filings to the division:
A. May be fined $150 per unit
B. May be fined $150 per day of delinquency
C. May offer the units for sale
, D. May not offer the units for sale
D.
Many complaints have been received by the Happy Party
Condominium Association about the volume of certain
resident's TV's and radios. The best method of handling this
type of problem is:
A. a change in the declaration
B. a change in the bylaws
C. a change in the weather
D. an adoption of the articles
A.
The Articles of Incorporation have been properly changed by a
membership vote. To become effective, the must be
filed/recorded, with:
A. The clerk of the court
B. The Department
C. The Department of State
D. Both A and C are correct