Cmca study guide stuvia - Study guides, Class notes & Summaries
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CMCA Study Guide Exam Questions & Answers(SCORED A+)
- Exam (elaborations) • 14 pages • 2024
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Bylaws - ANSWER-Formally adopted governing regulations for the administration and management of a community association 
 
CC & Rs (Covenants, Conditions & Restrictions) - ANSWER-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, the master deed, the houses rules or another name. These documents and rules are legally enforceable by the home...
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CMCA Study Guide With Correct Answers Latest Update
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
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- $10.39
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Bylaws - ANSWER-Formally adopted governing regulations for the administration and management of a community association 
 
CC & Rs (Covenants, Conditions & Restrictions) - ANSWER-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, the master deed, the houses rules or another name. These documents and rules are legally enforceable by the home...
-
CMCA study guide practice Test Spring 2024 With Complete Solutions!
- Exam (elaborations) • 8 pages • 2024
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2. Fidelity insurance provides coverage to ensure that the: 
a. board will meet its fiduciary obligations. 
b. manager will faithfully follow all document provisions. 
c. association will be covered for shortfalls in the reserve accounts. 
d. association will recover any funds lost through employee dishonesty. - ANSWER-D 
 
3. Which type of management is the process of operating, maintaining, repairing, and replacing common property? 
a. Human Resources 
b. Facilities 
c. Financial 
d. Risk - AN...
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CMCA Study Guide| 160 Questions| Correct Answers| Verified!!
- Exam (elaborations) • 15 pages • 2023
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Available in package deal
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Articles of incorporation - ANSWERSBring the corporation into existence, define its basic 
purposes and powers, indicate whether stock will be issued, and indicate whether there will be a board 
of directors 
 
Bylaws - ANSWERSFormally adopted governing regulations for the administration and management of a community association 
 
CC & Rs (Covenants, Conditions & Restrictions) - ANSWERSThe governing documents that 
dictate how the homeowners association operates and what rules the owners—a...
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