Nrs 40 deals with - Study guides, Class notes & Summaries
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M100 Community Association Manager pre-test Exam | Questions with 100% Correct Answers | Verified | Latest Update
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1.	When is a CIC created? 
ANS A CIC is created when the declaration (CC&Rs) is recorded with the county. No later than the date the first unit is conveyed 
2.	How many elected board members are required under NRS 116B, once the declarant's control of a condominium hotel terminates? 
ANS 3 
3.	A common interest community is? 
ANS Real estate described in a declaration in which individual unit owners are required to pay a portion of the expenses related to the common elements. 
4.	in addition to...
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Community Association Manager pre-test Questions And Correct Answers.
- Exam (elaborations) • 17 pages • 2024
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When is a CIC created? - Answer A CIC is created when the declaration (CC&Rs) is recorded with the county. No later than the date the first unit is conveyed 
 
How many elected board members are required under NRS 116B, once the declarant's control of a condominium hotel terminates? - Answer 3 
 
A common interest community is? - Answer Real estate described in a declaration in which individual unit owners are required to pay a portion of the expenses related to the common elements. 
 ...
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Community Association Manager pre-test | Questions and Correct Answers | Latest Update 2024/2025
- Exam (elaborations) • 18 pages • 2024
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Community Association 
Manager pre-test | Questions 
and Correct Answers | Latest 
Update 2024/2025 
When is a CIC created? - Answer -A CIC is created when the declaration 
(CC&Rs) is recorded with the county. No later than the date the first 
unit is conveyed 
How many elected board members are required under NRS 116B, once 
the declarant's control of a condominium hotel terminates? - Answer -3 
A common interest community is? - Answer -Real estate described in a 
declaration in which individu...
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Community Association Manager 204 pre-test Questions And Answers
- Exam (elaborations) • 19 pages • 2024
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When is a CIC created? - ️️A CIC is created when the declaration (CC&Rs) is recorded with the county. No later than the date the first unit is conveyed 
 
How many elected board members are required under NRS 116B, once the declarant's control of a condominium hotel terminates? - ️️3 
 
A common interest community is? - ️️Real estate described in a declaration in which individual unit owners are required to pay a portion of the expenses related to the common elements. 
 
in addition...
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Community Association Manager pre-test | Questions and Correct Answers | Latest Update 2024/2025
- Exam (elaborations) • 18 pages • 2024
- Available in package deal
-
- $11.99
- + learn more
Community Association 
Manager pre-test | Questions 
and Correct Answers | Latest 
Update 2024/2025 
When is a CIC created? - Answer -A CIC is created when the declaration 
(CC&Rs) is recorded with the county. No later than the date the first 
unit is conveyed 
How many elected board members are required under NRS 116B, once 
the declarant's control of a condominium hotel terminates? - Answer -3 
A common interest community is? - Answer -Real estate described in a 
declaration in which indivi...
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Community Association Manager pre-test questions and answers 100% verified.
- Exam (elaborations) • 14 pages • 2024
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- $12.49
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Community Association Manager pre-test questions and answers 100% verified. 
 
 
 
 
 
 
 
 
 
 
 
When is a CIC created? - correct answer. A CIC is created when the declaration (CC&Rs) is recorded with the county. No later than the date the first unit is conveyed 
 
How many elected board members are required under NRS 116B, once the declarant's control of a condominium hotel terminates? - correct answer. 3 
 
A common interest community is? - correct answer. Real estate described in a d...
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Community Association Manager pre-test | 204 Questions and Answers with Complete Solutions updated 2024
- Exam (elaborations) • 23 pages • 2024
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Community Association Manager pre-test | 204 Questions and Answers with Complete Solutions updated 2024
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Community Association Manager pre-test | 200 Questions with 100% Correct Answers
- Exam (elaborations) • 13 pages • 2023
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- $15.49
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When is a CIC created? - A CIC is created when the declaration (CC&Rs) is 
recorded with the county. No later than the date the first unit is conveyed 
How many elected board members are required under NRS 116B, once the declarant's 
control of a condominium hotel terminates? - 3 
A common interest community is? - Real estate described in a declaration in which 
individual unit owners are required to pay a portion of the expenses related to the 
common elements. 
in addition to the Declarations...
-
Community Association Manager pre-test Questions and Answers 100% Correct
- Exam (elaborations) • 18 pages • 2024
-
- $12.49
- + learn more
When is a CIC created?A CIC is created when the declaration (CC&Rs) is recorded with the 
county. No later than the date the first unit is conveyed 
How many elected board members are required under NRS 116B, once the declarant's control of 
a condominium hotel terminates?3 
A common interest community is?Real estate described in a declaration in which individual 
unit owners are required to pay a portion of the expenses related to the common elements. 
in addition to the Declarations Provision...
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CPH Exam 230 Questions with Verified Answers,100% CORRECT
- Exam (elaborations) • 21 pages • 2023
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CPH Exam 230 Questions with Verified Answers 
 
 
When are suitability requirements not applicable? - CORRECT ANSWER For brokers who do not provide investment advice or operate as a separate legal entity 
 
How is a new product approved? - CORRECT ANSWER After review from the New product Committee 
 
What are the ethical principles for a code of ethics? - CORRECT ANSWER Trust, integrity, justice, fairness, and honesty 
 
What are the 5 Standards of Conduct? - CORRECT ANSWER Duty of Care, Tru...
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