Podcast
Questions and Answers
Which of these is something a community association manager can do?
Which of these is something a community association manager can do?
Which of these is an area in which a community association manager is responsible?
Which of these is an area in which a community association manager is responsible?
What is the maximum fine that a community association may impose per violation?
What is the maximum fine that a community association may impose per violation?
If a fine is issued, how many days written notice is the unit owner given?
If a fine is issued, how many days written notice is the unit owner given?
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Which disputes are excluded from the Condominium Act?
Which disputes are excluded from the Condominium Act?
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Condominiums and cooperatives MUST seek competitive bids if the contract exceeds what percentage of the association's total annual budget?
Condominiums and cooperatives MUST seek competitive bids if the contract exceeds what percentage of the association's total annual budget?
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HOAs must seek competitive bids if the contract exceeds what percentage of the association's total annual budget?
HOAs must seek competitive bids if the contract exceeds what percentage of the association's total annual budget?
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What percentage of condominium or cooperative unit owners is required to cancel any contract made by the developer before unit owners were given control?
What percentage of condominium or cooperative unit owners is required to cancel any contract made by the developer before unit owners were given control?
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Which is a type of required maintenance work that MUST be considered and budgeted for?
Which is a type of required maintenance work that MUST be considered and budgeted for?
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Which is NOT subject to the competitive bid requirements?
Which is NOT subject to the competitive bid requirements?
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Study Notes
Unit 8 Quiz - Study Notes
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Question 1: Community association managers can deliver violation notices and prepare documents affecting ownership rights. They do not give legal advice, amend documents, or manage contracted services.
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Question 2: Community association managers are responsible for all the listed options: managing contracted services, researching vendors for better services/prices, and assisting in bidding out contracted services.
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Question 3: The maximum fine a community association can impose per violation is $1,000.
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Question 4: If a fine is issued, the unit owner receives a 14-day written notice.
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Question 5: Disputes concerning title to a unit or the common elements, charging fees/assessments, and enforcement of warranties are not excluded from the Condominium Act.
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Question 6: Condominiums and cooperatives must seek competitive bids if the contract exceeds 10% of the association's annual budget.
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Question 7: HOAs (Homeowners Associations) must seek competitive bids if the contract exceeds 10% of their annual budget.
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Question 8: 50% of condominium or cooperative unit owners are required to cancel any contract made by the developer before unit owners gain control.
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Question 9: Required maintenance work that must be considered/budgeted includes emergency services, preventive maintenance, and routine maintenance.
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Question 10: Landscaping architectural services are subject to competitive bidding requirements, alongside attorneys and community association managers.
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Description
Test your knowledge on community association management with this quiz that covers critical aspects such as violation notices, fines, and bidding processes. Understand the responsibilities and limitations of community association managers as well as key legal implications. Perfect for those studying for exams in real estate management or property law.