CMCA Study Guide - Key Terms Questions And Answers Latest Updates
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CMCA
What should be included in a committee report? - ️️Matters to be decided,
recommendations, and supporting research.
What is included in a financial report? - ️️Information on the community's financial
condition and activities, such as general ledger, variance, income statement, and
bala...
CMCA Study Guide - Key Terms
What should be included in a committee report? - ✔️✔️Matters to be decided,
recommendations, and supporting research.
What is included in a financial report? - ✔️✔️Information on the community's financial
condition and activities, such as general ledger, variance, income statement, and
balance sheet.
What does it mean to amend a motion? - ✔️✔️To modify another motion by adding,
striking out, or substituting words or paragraphs.
What is abstention? - ✔️✔️Not voting or not casting a ballot.
Why do people abstain from voting? - ✔️✔️To indicate ambivalence or mild
disapproval.
Do abstentions count in the vote tally? - ✔️✔️No, they do not count.
What is the purpose of abstaining? - ✔️✔️To aid in constituting a quorum.
What is an action item list? - ✔️✔️A documented list of tasks or actions that need to be
completed.
What is an agenda? - ✔️✔️A list of meeting activities in order.
What is a ballot? - ✔️✔️A device used to record choices made by voters.
What is debate? - ✔️✔️A formal discussion involving opposing candidates.
When is an executive session held? - ✔️✔️When sensitive discussions or decisions
need to be made, such as personnel issues or legal matters.
What is the purpose of an action item list? - ✔️✔️To track and ensure completion of
tasks or actions.
What is the purpose of an agenda? - ✔️✔️To outline the order of activities in a
meeting.
What are the three basic forms of amending a motion? - ✔️✔️Inserting/adding words,
striking out words, or substituting paragraphs.
,How is a ballot used? - ✔️✔️Each voter uses one to record their choices.
What should be included in a committee report? - ✔️✔️Matters to be decided,
recommendations, and supporting research.
What is the purpose of debate? - ✔️✔️To allow opposing candidates to discuss their
positions.
What information is included in a financial report? - ✔️✔️Financial condition, general
ledger, variance, income statement, and balance sheet.
What is the purpose of an action item list? - ✔️✔️To track and ensure completion of
tasks or actions.
What is the purpose of an agenda? - ✔️✔️To outline the order of activities in a
meeting.
What are the three basic forms of amending a motion? - ✔️✔️Inserting/adding words,
striking out words, or substituting paragraphs.
Majority - ✔️✔️Over 50% of the votes needed to win an election.
Majority vote - ✔️✔️Votes from owners who attend the meeting, in person or by proxy,
to decide all matters except special issues.
What is a management report? - ✔️✔️Manager's report on current management
activities.
What are minutes? - ✔️✔️Document of decisions made during a meeting.
What is a motion? - ✔️✔️Formal proposal stating association's action.
What is a notice of meeting? - ✔️✔️Official announcement of a meeting.
What is parliamentary procedure? - ✔️✔️Rules governing meetings and operations.
What is plurality? - ✔️✔️Election awarded to candidate with most votes.
What is a proxy? - ✔️✔️Authorized person acting or voting for another resident.
What is a quorum? - ✔️✔️Minimum number of residents required for legal business.
, What are Robert's Rules of Order? - ✔️✔️Book providing rules for deliberation and
debate.
What does it mean to second a motion? - ✔️✔️Another member supporting the motion.
What does it mean to table a motion? - ✔️✔️Rescheduling incomplete agenda items
for another meeting.
What is a timed agenda? - ✔️✔️Agenda that limits time for specific areas.
What are articles of incorporation? - ✔️✔️Documents bringing a corporation into
existence.
What are bylaws? - ✔️✔️Governing regulations for a community association.
What are CC & Rs? - ✔️✔️Covenants, Conditions & Restrictions that dictate HOA
rules.
What is a community association? - ✔️✔️Group of owners preserving and enhancing
their homes.
What is a condominium? - ✔️✔️Living unit owned by an individual with shared common
elements.
What is a cooperative? - ✔️✔️Individual owns stock and has a proprietary lease.
What is a declaration? - ✔️✔️Interchangeable term with CC & Rs.
What are governing documents? - ✔️✔️Legal structure and operation documents for
the community.
What is indemnification? - ✔️✔️Exempting an individual or entity from responsibility
and reimbursing for damages.
What is a master association? - ✔️✔️Organization of homeowners in a large
condominium or PUD.
What is a mixed use development? - ✔️✔️Development that combines multiple land
uses.
What is a planned community? - ✔️✔️Community where owners own their lots and
community owns common areas.
What is a homeowner association? - ✔️✔️Organization that governs a community.
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