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M-100 Review Pt. 1

Authored by Cameron Leal

Professional Development

Professional Development

Used 12+ times

M-100 Review Pt. 1
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30 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a legal entity in which the owners enjoy protection, enhancement, maintenance and preservation of their homes and property, called?

Planned Community

Cooperative

Community Association

CAI

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In what type of community, does an individual own his or her living unit and an undivided interest in the common elements of the community?

Cooperative

Townhome Association

Planned Community

Condominium

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In "55 and Older" communities, what percentage of units must be occupied by someone who is 55 years of age or older?

80%

55%

70%

45%

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What type of statute applies to only one or more types of community associations?

Uniform State Statutes

Specific State Statutes

Not-For-Profit Corporate Statutes

General State Statutes

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT an example of a governing document?

Public Offering Statement

Resolutions

Recorded Map, Plat or Plan

Master Deed

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What law prohibits discrimination against otherwise qualified people in hiring, promotion, dismissal, compensation, and working conditions based on specific (protected) characteristics?

FLSA

FHA

OSHA

EEOC

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is NOT a provision of the FHA (Fair Housing Act)?

Reasonable Accommodations/Modifications

Service Animals

Required Amenities

Maintenance

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