Depending on circumstances, each of the following can be true, EXCEPT:

Condominium Association chapter 13

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Others
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Professional Development
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Hard
Hillary Robleto
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Directors are appointed by the developer.
Directors are elected by vote of the eligible members of the association.
Directors who are elected or appointed to fill a vacant seat serve for the unexpired term unless the bylaws state otherwise.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are TRUE about condominium associations, EXCEPT:
Directors serve one-year terms unless otherwise specified in the association’s documents.
A condominium director may not serve more than eight consecutive years unless they receive two-thirds of all eligible votes at an election or there are not enough candidates to fill the empty seats.
A director’s term begins immediately after the election is completed.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does “staggered term” mean?
Instead of serving for one-year terms, directors serve two-year terms, with some seats up for election in even years, and other seats in odd years.
Certain directors are elected from separate buildings or phases of the association.
Each director’s term begins in a different month, regardless of when elected, to assure that information can be obtained from prior directors.
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
What is the minimum number of directors an HOA board must have if its documents are silent?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Oblaid-Obladah Condominium Association bylaws provide for a board of seven to 11 directors. Which board statement is NOT true?
The association must apply any procedure described in the association’s documents for determining the exact number of directors.
If the association’s documents do not describe a method for determining the exact number, the association has the option to use the minimum number in the bylaws or the statutory minimum.
If the association’s documents do not describe a method for determining the exact number, the members at the annual meeting may vote on the exact number of directors to be elected at the next election.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a statutory requirement to be eligible for board membership?
A director must be a member of the association.
A director must be 18 years of age or older.
A director must be a natural person.
A director may not be a convicted felon in this state or in any United States District or Territorial Court unless their civil rights have been restored for at least five years of election or appointment.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT true about the powers granted to the board of directors?
To enforce use restrictions, including enacting rules and responsibilities
To enter into contracts
To present an annual budget
To adequately insure the community property and assets at a cost not to exceed budgetary limits
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