CMCA FREE CMCA Beginner's Questions and Answers 3

Question 1

What does running with the land mean in the context of CC&Rs?

Accepted Answer

The CC&Rs bind not only current owners but also all future owners of the property

Answer

The association president must run for office annually

Answer

Owners must maintain the landscaping along their property lines

Answer

CC&Rs expire when a property is sold

Question 2

In a condominium, limited common elements are best described as:

Accepted Answer

Common area elements assigned for the exclusive use of one or more but not all unit owners such as a balcony or parking space

Answer

Common areas available to all residents equally

Answer

Elements that the association can sell to individual owners

Answer

Fixtures inside a unit that the association maintains

Question 3

Which federal law prohibits discrimination in the sale, rental, and financing of housing based on race, color, national origin, religion, sex, disability, and familial status?

Accepted Answer

The Fair Housing Act

Answer

The Americans with Disabilities Act

Answer

The Equal Credit Opportunity Act

Answer

The Civil Rights Act of 1866

Question 4

What is a proxy used for in a homeowners association context?

Accepted Answer

A written document authorizing someone else to vote on a member's behalf at a meeting

Answer

A legal substitute manager hired when the regular manager is absent

Answer

A type of special assessment for capital projects

Answer

A variance request submitted to the architectural review committee

Question 5

The reserve fund of a community association is used for:

Accepted Answer

Funding the long-term replacement of major common area components such as roofs, pavement, and pools

Answer

Paying monthly operating expenses like utilities and landscaping

Answer

Paying the management company's fee

Answer

Covering homeowner legal disputes

Question 6

A board member who has a personal financial interest in a matter being voted on should:

Accepted Answer

Disclose the interest and recuse themselves from the vote

Answer

Vote last so other members can set the direction

Answer

Vote in favor to maximize the association's benefit

Answer

Keep the interest private to avoid slowing down the meeting