FREE CMCA Knowledge Questions and Answers Flashcards

When the board adopts a resolution, this means the board has:

Answer: Formally recorded a decision in writing, giving it official standing as board policy or action

A board resolution is a formal written document recording a board decision, giving it the status of official board policy or action and creating a record for the association's files.

The turnover of a community association from developer control to owner control is significant because:

Answer: It transfers governance responsibility from the developer to the elected homeowners, who take control of the board and association finances

Turnover is the point at which control of the association passes from the developer to the elected homeowners, a critical governance milestone that requires a financial audit, inspection of common areas, and review of association records.

Enforcement discretion in community association rule enforcement means:

Answer: The board has some flexibility in determining the severity of response to violations but must enforce rules consistently across all owners

The board has discretion to calibrate enforcement responses proportionally to the severity and circumstances of a violation, but must apply rules consistently across all owners to avoid discrimination claims.

An association's annual report to members typically includes:

Answer: A summary of the association's financial condition, major accomplishments, upcoming projects, and governance highlights for the year

An annual report provides members with a transparent summary of the association's financial health, operational achievements, and governance activities, fostering trust and accountability.

A declarant in community association documents refers to:

Answer: The original developer or entity that created the community and recorded the governing documents

The declarant is the developer or entity that creates the community association by recording the declaration and has special rights and obligations during the development and sales period.

A non-disturbance agreement in a community association context most commonly refers to:

Answer: An agreement protecting a tenant's right to occupy their unit if the owner defaults and the association forecloses

A non-disturbance agreement assures tenants that their lease will be honored even if the property is foreclosed upon, protecting tenants from sudden displacement.