CMCA FREE CMCA MCQ Questions and Answers 2

Question 1

Which of the following best describes the duty of care owed by HOA board members?

Accepted Answer

Acting with the care an ordinarily prudent person would use in a similar position under similar circumstances

Answer

Making every decision unanimously

Answer

Hiring only licensed professionals for all tasks

Answer

Attending every board meeting without exception

Question 2

A community association's architectural review committee primarily serves to:

Accepted Answer

Review owner improvement requests to ensure they comply with architectural guidelines and community aesthetic standards

Answer

Enforce collection policies for delinquent assessments

Answer

Conduct the annual financial audit

Answer

Manage employee performance reviews

Question 3

Transition documents provided by the developer at turnover typically include:

Accepted Answer

Governing documents, financial records, reserve study, insurance policies, maintenance records, vendor contracts, and as-built plans

Answer

Only the CC&Rs

Answer

Personal financial statements of the developer

Answer

Marketing materials for unsold units

Question 4

An association manager notices that a homeowner has installed a satellite dish on the exterior of their unit. The manager should:

Accepted Answer

Review the CC&Rs and applicable federal OTARD rules before taking any enforcement action

Answer

Immediately have the dish removed at the owner's expense

Answer

Send an automatic fine notice

Answer

Do nothing since federal law always permits satellite dishes anywhere

Question 5

A meeting packet provided to board members before a board meeting should typically include:

Accepted Answer

The agenda, previous meeting minutes for approval, financial reports, management report, and supporting materials for action items

Answer

Only the meeting agenda

Answer

Personal contact information for all homeowners

Answer

Vendor advertising materials

Question 6

In community association management, estoppel certificates are most commonly used:

Accepted Answer

To certify the status of assessments owed on a unit at the time of a real estate sale or refinancing

Answer

To enforce parking violations

Answer

To amend the CC&Rs

Answer

To document board member conflicts of interest