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CMCA EXAM 2024 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) AGRADE
CMCA EXAM 2024 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) AGRADE
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CMCA EXAM 2024 REAL EXAM QUESTIONSAND CORRECT ANSWERS (VERIFIED
ANSWERS) AGRADE
A ballot is a device used to record choices made by
voters. Each voter uses one ballot, which are not shared. -
ANSWER >>>>Ballot
These reports should highlight matters to be decided and
recommendations by the committee.
Supporting research should be included in the reports.
Committees need to clearly state the actions they are
asking the Board to take and you should provide your
committees with a suggested format for their reports and a
sample. - ANSWER >>>>Committee Report
During an election, a formal discussion involving opposing
candidates vying for the same position. - ANSWER
>>>>Debate
When a Board must hold a discussion or make decisions
of a sensitive nature. The topics that commonly require an
executive session and are allowable by law usually include
personnel issues, contract negotiations and discussions,
lawsuits and other legal matters, and governing document
violations. - ANSWER >>>>Executive Session
,This is a report on the community's financial condition and
activities, including a general ledger, variance, accounts
payable, income statement, and balance sheet - ANSWER
>>>>Financial Report
Over 50% of the votes needed to win an election. The
majority vote can come from those owners who attend the
meeting, in person or by proxy, to decide all matters
except special issues. - ANSWER >>>>Majority
This is the manager's report on the association's current
management and administrative activities. . - ANSWER
>>>>Management Report
The minutes of a meeting document the decisions made
during the meeting. This provides a permanent public
record of positions and actions taken by the Board. -
ANSWER >>>>Minutes
A formal proposal stating that the association took certain
action - ANSWER >>>>Motion
An official announcement that a meeting will take place,
which should be sent in writing to Board members at least
a week before a meeting. - ANSWER >>>>Notice of
Meeting
The body of rules, ethics, and customs governing
meetings and other operations - ANSWER
>>>>Parliamentary Procedure
,Awards the election to the candidate with the most votes,
regardless of whether or not they received the majority. -
ANSWER >>>>Plurality
Proxy is the agency, function, or power of a person
authorized to at or vote in place of another resident who
could not be present. - ANSWER >>>>Proxy
Quorum is the number of residents required to be present
to transact business legally. That number is established in
the Association's by-laws. - ANSWER >>>>Quorum
A book that provides common rules and procedures for
deliberation and debate in order to place the whole
membership on the same footing and speaking the same
language. - ANSWER >>>>Robert's Rules of Order
Generally, once the motion has been proposed,
consideration by the assembly occurs only if another
member of the body immediately seconds the motion. -
ANSWER >>>>Second a Motnion
Incomplete items on the agenda should be rescheduled,
or tabled, for another meeting - ANSWER >>>>Table a
Motion
A more specific agenda that limits the amount of time
focused on specific areas, so as to move the meeting
along at a more thorough and prompt pace. - ANSWER
>>>>Timed Agenda
, Bring the corporation into existence, define its basic
purposes and powers indicate whether stock will be
issues, and indicate whether there will be a board of
directors. - ANSWER >>>>Articles of Incorporation
Formally adopted governing regulations for the
administration and management of a community
association. - ANSWER >>>>Bylaws
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, master
deed, the house rules or another name. These documents
and rules are legally enforceable by the homeowners
association, unless a specific provision conflicts with
federal, state, or local laws. - ANSWER >>>>CC&Rs
(Covenants, Conditions & Restrictions)
A group of owners who wish to provide a communal basis
for preserving, maintaining, and enhancing their homes
and property. - ANSWER >>>>Community Association
A living unit fully owner 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. - ANSWER >>>>Condominium
Wherein an individual owns stock or membership in the
cooperative, and holds a proprietary lease or occupancy
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