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FirmerBinary9836

Uploaded by FirmerBinary9836

Real Life Christian Academy

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association business HOA time-share management

Summary

This document contains practice questions for a unit on association business, likely for a secondary school course. Topics include membership, meetings, and governance. The format is multiple choice.

Full Transcript

# UNIT 6 QUIZ ## 1. Which MUST officers and directors of associations adhere to in carrying out their responsibilities? - Governing documents - Rules of parliamentary procedures - Applicable law - All of these ## 2. What defines association membership? - Articles of incorporation - Association b...

# UNIT 6 QUIZ ## 1. Which MUST officers and directors of associations adhere to in carrying out their responsibilities? - Governing documents - Rules of parliamentary procedures - Applicable law - All of these ## 2. What defines association membership? - Articles of incorporation - Association bylaws - State law - Articles of incorporation and bylaws ## 3. How many membership meetings MUST every association hold per year? - One - Two - Three - Four ## 4. How is the date and time of the annual membership meeting established? - Bylaws - State law - Membership vote - None of these ## 5. How many days before the annual membership meeting MUST notice be given? - 5 - 7 - 14 - 18 ## 6. Which is an acceptable way for giving notice of a meeting? - Mailed to the last known address on record - Hand delivered - Electronic transmission - All of these ## 7. What percentage of membership attendance is needed to establish a quorum? - 15% of the total voting interests for HOAs; 15% of the total voting interests for time-share associations - 15% of the total voting interests for HOAs; 30% of the total voting interests for time-share associations - 30% of the total voting interests for HOAs; 15% of the total voting interests for time-share associations - 30% of the total voting interests for HOAs; 30% of the total voting interests for time-share associations ## 8. What type of motion introduces a new topic? - Main motion - Privileged motion - Motion to table - Incidental motion ## 9. How many days before a board of directors' meeting MUST notice be given? - 14 - 3 - 48 hours - 18 ## 10. How much notice MUST board members and members be given in advance of a board of directors' meeting? - 12 - 24 - 36 - 48 ## 11. How long MUST the association maintain electronic records related to voting by unit owners? - 6 months - 1 year - 5 years - 10 years ## 12. Which records MUST be kept permanently by condominium associations? - Copy of the articles of incorporation, declaration, bylaws, and rules of the association - Minutes of meetings - Accounting records for the association - All of these ## 13. Official records of the association MUST be made available to unit owners within __ miles of the condominium property or county where the property is located. - 10 - 15 - 30 - 45

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