CCS Cheat Sheet 2026

The 30 highest-yield CCS facts, distilled from real exam questions. Print it, save it as a PDF, or study it here — free, no sign-up.

1. What is evidence-based practice in CCS Real Estate Law & Regulations? → Integrating research evidence with expertise and client needs
2. What role do standard operating procedures play in CCS Marketing & Sales Strategies? → Ensuring consistency and quality through documented instructions
3. Which coverage protects a condominium association against lawsuits alleging wrongful acts by board members or officers? → Directors and Officers (D&O) liability insurance
4. How does professional liability insurance protect CCS practitioners? → Covering financial losses from claims of negligence or errors
5. What is the importance of continuing education for CCS professionals in Fair Housing Laws? → Maintaining current knowledge and adapting to industry changes
6. What role do standard operating procedures play in CCS Fair Housing Laws? → Ensuring consistency and quality through documented instructions
7. A reserve study's 'component inventory' section identifies all major components by listing their: → Current condition, estimated remaining useful life, and current replacement cost
8. What is the primary purpose of conducting a document review during condominium due diligence? → To identify potential risks, obligations, and restrictions before purchase
9. What is a needs assessment in CCS Real Estate Law & Regulations practice? → Identifying gaps between current conditions and desired outcomes
10. What is evidence-based practice in CCS Fair Housing Laws? → Integrating research evidence with expertise and client needs
11. What is peer review in CCS Market Analysis & Trends? → Quality evaluation by qualified colleagues for improvement
12. What role do standard operating procedures play in CCS Property Management Practices? → Ensuring consistency and quality through documented instructions
13. How can associations foster better relations with residents? → By fostering feedback and clear communication
14. Which of the following is a typical expense in a condo operating budget? → Routine maintenance and utilities
15. What is peer review in CCS Property Valuation & Appraisal? → Quality evaluation by qualified colleagues for improvement
16. Which law generally regulates fair housing practices in condominiums? → The Fair Housing Act
17. What is financial forecasting in CCS practice? → Predicting future conditions based on historical data and trends
18. When a condominium unit owner makes improvements above the original builder's grade, which policy should cover those upgrades if a loss occurs? → The unit owner's HO-6 improvements and betterments coverage
19. What should a seller disclose to a buyer? → Known defects and material facts
20. What is evidence-based practice in CCS Market Analysis & Trends? → Integrating research evidence with expertise and client needs
21. Why is communication between board and residents important? → To build trust and cooperation
22. Which of the following is a key element a buyer should examine in condominium meeting minutes during due diligence? → Discussions of pending special assessments, litigation, or major repair projects
23. The 'threshold funding' method sets reserve contributions at a level that ensures: → The reserve fund never drops below a predetermined minimum balance
24. What is an internal control in CCS financial management? → A process providing assurance about financial reporting reliability
25. Which capital planning document outlines the schedule of major projects, their costs, and how they will be financed over a multi-year horizon? → Capital improvement plan (CIP)
26. What is evidence-based practice in CCS Tenant Relations & Leasing? → Integrating research evidence with expertise and client needs
27. What is the importance of continuing education for CCS professionals in Marketing & Sales Strategies? → Maintaining current knowledge and adapting to industry changes
28. A condominium association's fidelity bond (crime insurance) primarily protects against: → Fraudulent acts or theft by association employees or board members
29. What is the importance of insurance in condo management? → It protects the condominium from financial risks
30. What is the benefit of ethical behavior in sales? → Client loyalty and trust