CMCA Exam Preparation Facilities/ Property
Maintenance New Latest Version with All Questions and
100% Correct Answers
Preparing a bid request includes which of the following:
A. Verifying References.
B. Identifying potential contractors.
C. Recommending a contractor to the board.
D. Verifying contractor insurance. - ANSWER >> B
Legal review prior to executing a contract will assist the association in
the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns. - ANSWER >> D
Rather than describing the scope of work in detail in the contract, a
manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talk about the scope of
work. - ANSWER >> A
In older condominiums, an association should have what type of
contract covering mechanical equipment?
A. Time and materials
B. Specific repair
C.Service
D. Preventative maintenance - ANSWER >> D
, For which project would a board most likely want to use a consultant to
help develop bid specifications?
A.Landscape renovation project
B. Repairing and/or replacing roofs
C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers - ANSWER >> B
In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning - ANSWER >> B
In terms of compensation , a contract should state:
A. Who provides insurance coverage
B. Each employees rate to perform work
C. When and on what terms payment(s) will be made
D. Requirement for a payment bond - ANSWER >> C
Alternative dispute resolution includes which of the following
methods?
A. Mediation
B. Subrogation
C.Litigation
D.Indemnification - ANSWER >> A
Employment contracts need not included:
A.Legal Sources
B.Interests
C.Termination
D.Notice - ANSWER >> B
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller insightguru867. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.