CAM Quiz Unit 8 PDF
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Real Life Christian Academy
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Summary
This quiz covers various topics in community association management, including responsibilities of community association managers, fines for violations, notice periods, and excluded disputes under the Condominium Act. It also touches on competitive bidding requirements for contracts exceeding certain percentages of budgets.
Full Transcript
## UNIT 8 QUIZ 1. Which of these is something a community association manager can do? - Give legal advice. - Amend documents. - Deliver violation notices. - Prepare documents that impact ownership rights. 2. Which of these is an area in which a community association manager is respo...
## UNIT 8 QUIZ 1. Which of these is something a community association manager can do? - Give legal advice. - Amend documents. - Deliver violation notices. - Prepare documents that impact ownership rights. 2. Which of these is an area in which a community association manager is responsible? - Managing contracted services - Researching vendors to get better services or prices - Assisting in bidding out contracted services - All of these 3. What is the maximum fine that a community association may impose per violation? - $50 - $100 - $500 - $1,000 4. If a fine is issued, how many days written notice is the unit owner given? - 7 days - 14 days - 21 days - 30 days 5. Which disputes are excluded from the Condominium Act? - Disputes concerning title to a unit or the common elements - Charging a fee or assessment - Enforcement of a warranty - All of these 6. Condominiums and cooperatives MUST seek competitive bids if the contract exceeds what percentage of the association's total annual budget? - 5% - 10% - 15% - 25% 7. HOAs must seek competitive bids if the contract exceeds what percentage of the association's total annual budget? - 5% - 10% - 15% - 25% 8. What percentage of condominium or cooperative unit owners is required to cancel any contract made by the developer before unit owners were given control? - 25% - 50% - 66% - 75% 9. Which is a type of required maintenance work that MUST be considered and budgeted for? - Emergency service maintenance - Preventive maintenance - Routine maintenance - All of these 10. Which is NOT subject to the competitive bid requirements? - Attorneys - Landscaping architectural services - Community association manager - All of these