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CMCA EXAM / CMCA EXAM ACTUAL EXAM WITH 150 REAL EXAM QUESTIONS AND WELL ELABORATED ANSWERS (LATEST QUESTIONS WITH VERIFIED ANSWERS) NEW UPDATED VERSION LATEST |A GRADED {ALL BRAND NEW!!)$17.99
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CMCA EXAM / CMCA EXAM ACTUAL EXAM WITH 150 REAL EXAM QUESTIONS AND WELL ELABORATED ANSWERS (LATEST QUESTIONS WITH VERIFIED ANSWERS) NEW UPDATED VERSION LATEST |A GRADED {ALL BRAND NEW!!)
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CMCA
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CMCA
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CMA Exam Preparation
CMCA EXAM / CMCA EXAM ACTUAL EXAM WITH 150 REAL EXAM QUESTIONS AND WELL ELABORATED ANSWERS (LATEST QUESTIONS WITH VERIFIED ANSWERS) NEW UPDATED VERSION LATEST |A GRADED {ALL BRAND NEW!!)
CMCA EXAM / CMCA EXAM ACTUAL EXAM WITH 150
REAL EXAM QUESTIONS AND WELL ELABORATED
ANSWERS (LATEST QUESTIONS WITH VERIFIED
ANSWERS) NEW UPDATED VERSION LATEST |A
GRADED {ALL BRAND NEW!!)
abstention - ANSWER: when a participant in a vote either does not go to vote (on
Election Day) or, in parliamentary procedure, is present during the vote, but does
not cast a ballot; may be used to indicate the voting individual's ambivalence about
the measure or mild disapproval that does not rise to the level of active opposition
they do not count in tallying the vote; when practiced members are in effect only
attending the meeting to aid in constituting a quorum
action item list - ANSWER: a documented event, task, activity, or action that needs to
take place usually documented in the meeting minutes and are recorded in the task
list of the group—at the next meeting it is reviewed by the group and at that
meeting the facilitator will check the status of these items
agenda - ANSWER: a list of meeting activities in the order in which they are to be
taken up, beginning with the call to order and ending with the adjournment
amend a motion - ANSWER: used to modify another motion; takes three basic forms:
1) inserting or adding words or paragraphs; 2) striking out words or paragraphs, and;
3) striking out words and inserting or adding others, or substituting an entire
paragraph or complete resolution for another
ballot - ANSWER: a device used to record choices made by voters; each voter uses
one and are not shared
committee report - ANSWER: highlight matters to be decided and recommendations
to the board; the actions suggested to the board are clearly stated and should follow
a standard format
debate - ANSWER: during an election, a formal discussion involving opposing
candidates vying for the same position
executive session - ANSWER: when a board must hold a discussion or make decisions
of a sensitive nature; the topics that commonly discussed and are allowable by law
usually include personnel issues, contract negotiations and discussions, lawsuits and
other legal matters, and governing document violations
financial report - ANSWER: a report on the association's income and expense
activities including a general ledger, variance, accounts payable, income statement
and balance sheet
,majority - ANSWER: over 50% of the votes needed to win an election (can come from
those owners who attend the meeting, in person or by proxy) to decide all matters
except special issues
management report - ANSWER: a report on the association's current projects and
administrative activities
minutes - ANSWER: document the decisions made during a meeting, providing a
permanent public record of positions and actions taken by the board
motion - ANSWER: a formal proposal stating that the association took a certain
action
notice of meeting - ANSWER: an official announcement, which should be sent in
writing to board members at least a week in advance
parliamentary procedure - ANSWER: the body of rules, ethics, and customs
governing meetings and other operations
plurality - ANSWER: awards the election to the candidate with the most votes,
regardless of whether or not they received the majority
proxy - ANSWER: the agency, function, or power of a person authorized to act or
vote in place of another resident who could not be present
quorum - ANSWER: the number of residents required to be present to transact
business legally established in the association's by-laws
Robert's Rules of Order - ANSWER: common rules and procedures for deliberation
and debate in order to place the whole membership on the same footing and
speaking the same language
second a motion - ANSWER: needed immediately after a proposal by another
member of the body for consideration by the assembly
table a motion - ANSWER: incomplete items on the agenda that are rescheduled for
another meeting
timed agenda - ANSWER: a more specific agenda that limits focus on specific areas,
so as to move the meeting along at a more thorough and prompt pace
Articles of Incorporation - ANSWER: brings the association into existence, defines its
basic purposes and powers, indicates whether stock will be issued, and indicates
whether there will be a board of directors
Bylaws - ANSWER: formally adopted governing regulations for the administration
and management of a community association
, CC&Rs (Covenants, Conditions & Restrictions) - ANSWER: the governing documents
that dictate how the homeowners association operates and what rules the owners—
and their tenants and guests —must obey; these legal documents might also be
called the bylaws, the master deed, the houses rules or another name and are legally
enforceable by the homeowners association, unless a specific provision conflicts with
federal, state or local laws
community association - ANSWER: a group of owners who wish to provide a
communal basis for preserving, maintaining, and enhancing their homes and
property
condominium - ANSWER: a living unit fully owned by an individual with an undivided
interest in the common elements of the community; the community association
itself owns no real estate as an association
cooperative - ANSWER: wherein an individual owns stock or membership and holds a
proprietary lease or occupancy agreement for his or her living unit
Declaration - ANSWER: used interchangeably with CC & Rs
Governing Documents - ANSWER: documents which provide for the legal structure
and operation of the community
indemnification - ANSWER: to exempt an individual or entity from responsibility for
claims made against the organization and to reimburse the individual or entity for
damages or expenses incurred as a result of such claims
master association - ANSWER: an organization of homeowners in a large
condominium or planned unit development (PUD) which includes representatives
from other, smaller homeowner organizations
mixed use development - ANSWER: a development which is designed to mix two or
more "uses" of land together (i.e. a shopping center which offers office space for
dentists)
planned community - ANSWER: the most common type of community association,
where an owner owns his or her lot and/or living unit and the community owns any
common areas, such as tennis courts and roads for the use and benefit of the lot
owners
proprietary lease - ANSWER: a rental agreement between a cooperative housing
corporation and a shareholder allowing use of a certain unit in the premises
public offering statement - ANSWER: a disclosure statement prepared by a developer
that contains all material facts about a property offered for sale and that must be
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