M-100: The Essentials of Community Association Management Exams PACKAGE DEAL| BUNDLE contains the latest exams, practice test, knowledge check, pre-test, reviews and updated study guide - Everything you need to pass M-100 is here!!
[Show more]
Which of the following is an internal resource a community can use to encourage an owner or tenant to conform to community association rules? a. Relying on the local health department to determine the appropriate number of occupants in a unit b. Asking for the local zoning department's help in...
Preview 2 out of 10 pages
Add to cartWhich of the following is an internal resource a community can use to encourage an owner or tenant to conform to community association rules? a. Relying on the local health department to determine the appropriate number of occupants in a unit b. Asking for the local zoning department's help in...
Community Association a legal entity in which the owners enjoy the PROTECTION, ENHANCEMENT, MAINTENANCE and PRESERVATION of their homes and property. 3 Basic Types of Community Associations 1. Planned Community - An owner owns his lot/unit and the community owns common areas. 2. Condominium ...
Preview 4 out of 39 pages
Add to cartCommunity Association a legal entity in which the owners enjoy the PROTECTION, ENHANCEMENT, MAINTENANCE and PRESERVATION of their homes and property. 3 Basic Types of Community Associations 1. Planned Community - An owner owns his lot/unit and the community owns common areas. 2. Condominium ...
Purpose of a community assocation to provide for the community, business, & governance aspects of the association. This is achieved by administering, maintaining, & enhancing a residential real estate development, and through the establishment of a system of property rights, binding covenants & re...
Preview 3 out of 18 pages
Add to cartPurpose of a community assocation to provide for the community, business, & governance aspects of the association. This is achieved by administering, maintaining, & enhancing a residential real estate development, and through the establishment of a system of property rights, binding covenants & re...
Cooperative An individual owns (1) owns stock or membership in the cooperative, (2) holds a proprietary lease or occupancy agreement for his/her living unit. *another name is Stock Cooperative General resolutions Involve routine events such as approving the meeting minutes Sources of autho...
Preview 3 out of 16 pages
Add to cartCooperative An individual owns (1) owns stock or membership in the cooperative, (2) holds a proprietary lease or occupancy agreement for his/her living unit. *another name is Stock Cooperative General resolutions Involve routine events such as approving the meeting minutes Sources of autho...
Name the sources of legal obligations for a Community Association Federal, state and local statutes, regulations and case law. Governing documents Standards set by professional bodies (AICPA) Lender requirements Budgeting Methods Zero-Based - all line items are set to zero. Historical t...
Preview 2 out of 12 pages
Add to cartName the sources of legal obligations for a Community Association Federal, state and local statutes, regulations and case law. Governing documents Standards set by professional bodies (AICPA) Lender requirements Budgeting Methods Zero-Based - all line items are set to zero. Historical t...
Professional advisor Provide board with guidance and perspective on the matters at hand Common mistake to avoid when presenting a budget Neglecting to present any information on how estimates were developed Common mistake to avoid when presenting a budget Presenting so much information t...
Preview 3 out of 23 pages
Add to cartProfessional advisor Provide board with guidance and perspective on the matters at hand Common mistake to avoid when presenting a budget Neglecting to present any information on how estimates were developed Common mistake to avoid when presenting a budget Presenting so much information t...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller AcademiaExpert. Stuvia facilitates payment to the seller.
No, you only buy these notes for $28.87. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
