Community association manager
Florida A&M University
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Community Association Manager pre-test | 200 Questions with 100% Correct Answers
- Exam (elaborations) • 13 pages • 2022
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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...
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Community association manager Test | 100 Questions with 100% Correct Answers
- Exam (elaborations) • 8 pages • 2022
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- $8.49
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A community association is Generally defined as real or personal property,owned by 
two or more entities, which share the responsibility for the cost of maintenance and 
administration - True 
Purchasers of a timeshare plan have a 10 day contract recision period in which to 
cancel the purchase - True 
Not for-profit corporations are exempt from federal income taxes - False 
A condominium and a hospital may join together to create a self insurance pool for 
windstorm insurance, if approved by th...
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