A Community Manager is considered to be an employee of the common interest community if:
A. They have business cards that stated they are an employee of the association
B. They work out of the community clubhouse.
C. The Community Manager has no other clients, is paid by the common interest community and follows the directions of the board of directors.
D. They are not certified or permitted.
What is C, the Community Manager has no other clients, is paid by the common interest community and follows the directions of the board of directors.
What laws are condo hotels subject to in Nevada?
A. NRS 119A
B. NRS 116A
C. NRS 116B
D. NRS 116
What is C, NRS 116B?
Why is it important for the Board to meet every 100 days?
A. To give committees direction and guidance.
B. To make sure that the owners know and see that the board is in control and paying attention.
C. To review the financial statements, reconciliations, and account statements of the bank.
D. To make sure that the community manager is on top of their action list.
What is C, to review the financial statements, reconciliations, and account statements of the bank.
What are the continuing education requirements for a community manager?
A. A community manager must verify 18 hours of continuing education over each 2 year renewal period, three of which must be Nevada law specific class on the CE number.
B. A Community Manager must complete 3, 120 hours of continuing education every 2 year renewal period.
C. A community manager must take 8 hours of law and 10 hours of general community manager continuing education every 2 year renewal period.
D. A community manager does not need any law classes during the 2 year renewal period, just 18 hours of general credits.
What is A, a community manager must verify 18 hours of continuing education over each 2 year renewal period, three of which must be Nevada law specific class on the CE number.
What entity is established by NRS 116.600?
A) The Board of Realtors
B) The Commission for Common‑Interest Communities and Condominium Hotels
C) The Nevada Real Estate Division
D) The HOA Executives Committee
What is B) The Commission for Common‑Interest Communities and Condominium Hotels?
In Nevada, an employee can be fired at any time without cause.
True
False
What is true?
What would you likely NOT see in a Community Management contract?
A. The community manager's monthly salary
B. Any limitations on the liability of the community manager.
C. A statement of the full dollar amount of the contract and payment schedule.
D. A statement detailing the identity and legal status of the contracting parties.
What is A, the community manager's monthly salary?
What is the maximum amount that a community manager (provisional or supervisory as well) can accept in any one year from any one vendor (NRS 116.31185)?
A. $100
B. $500
C. $1000
D. There is no limit
Which of the following is the most correct statement?
A. Since the Secretary is responsible for all records for the association, the Community Manager shouldn't keep an inventory of records.
B. The Community Manager has no responsibility to ensure that all of the documents are in the pile of documents dropped off from the prior company as they should be able to take their word on what is included.
C. Completing and signing an inventory of records and an acceptance when receiving a new client helps to protect the old community manager, the new community manager and the board.
D. Since all documents but the minutes can be detroyed, there are no provisions requiring anyone to keep an inventory of records or any other records.
What is C, completing and signing an inventory of records and an acceptance when receiving a new client helps to protect the old community manager, the new community manager and the board?
How many members make up the Commission?
A) 5
B) 6
C) 7
D) 8
What is C) 7?
What amount needs to be reported with the renewal of the license when you have received any "gratuities" from from vendors?
A. $100
B. $16
C. $500
D. All of the above
What is D, all of the above?
A community management office as detailed in NRS 116A.335 must follow all of the following provisions EXCEPT:
A. Must be located in Nevada
B. Must comply with all county and city zoning requirements
C. Must be located in the same county as the common interest community
D. If in a home, must be in a separate room which is set aside for the conduct of the manager's specific duties as a community manager.
What is C, must be located in the same county as the common interest community?
If the common interest commission finds that a member of the board has committed a violation of the law or their governing documents, they can take all of the following actions EXCEPT (NRS 116.790):
A. Require the employment of a properly licensed community manager.
B. Appy for appointment of a receiver.
C. Fine the association up to $20,000.
D. Order an audit
What is C, fine the association up to $20,000?
Which is the most correct statement (NRS 116A.410)?
A. When obtaining the temporary license, the applicant needs to pass the test, be offered a job and take the 60 hours of pre-licensing classes.
B. When obtaining the temporary license, the applicant needs to be offered a job, within one year complete 18 hours of law classes, and take the pre-licensing like everyone else.
C. When obtaining the temporary license, the applicant needs to be offered a job and take 60 hours of pre-licensing classes.
D. When obtaining the temporary license, the applicant needs to take the M-100, two of the advanced classes through CAI, and pass the state of Nevada community manager test.
What is B, when obtaining the temporary license, the applicant needs to be offered a job, within one year complete 18 hours of law classes, and take the pre-licensing like everyone else.
Which of the following is not one of the specific categories from which the Governor must appoint a Commission member?
A) A unit owner who has served on an executive board in Nevada
B) A certified public accountant licensed in Nevada
C) A local government official
D) An attorney licensed to practice in Nevada
What is C) A local government official?
Which of the following describes what a manager can "take" as incentives annually from all vendors (NAC 116.482)?
A. $5000 total of all vendors put together
B. $10,0000 total of all vendors put together
C. $1000 total of all vendors put together
D. $500 total of all vendors put together
What is D, $500 total of all vendors put together
Where would you find the authority of tasks required of the Community Manager by the common interest community?
A. In the Bylaws
B. In the CC&R's
C. In the management contract
D. In the Rules and Regulations
What is C, in the management contract?
NRS 116.3106 states that the Bylaws must contain which of the following?
A. The exact number of units that will be created in the association and how the association acts to change this number.
B. A copy of all the deeds to the common areas that the association will own.
C. A copy of any use restrictions or maintenance requirements.
D. Specify the powers that the executive board or the officers of the association may delegate to other persons or to a community manager.
What is D, Specify the powers that the executive board or the officers of the association may delegate to other persons or to a community manager.
How much can the CICCH (commission) fine a community manager for disciplinary actions (NRS 116A.900 and NAC 116A.360)?
A. Up to $50,000 for each violation of the law.
B. No more than $100.
C. No more than $500.
D. The correct answer is not given (correct answer is $10,000).
What is D, the correct answer is not given (correct answer is $10,000).
Regarding residency, which requirement applies to Commission members?
A) They must live in Nevada, and at least four must reside in a county with population over 400,000.
B) They must live in Nevada, and at least four must reside in a county with population over 700,000.
C) They must live in any U.S. state, and at least four must reside in a county with population over 400,000.
What is B) They must live in Nevada, and at least four must reside in a county with population over 700,000.
If a director is given a ticket for a function that costs $125 to attend from a vendor, what does the director need to do with the ticket (NAC 116.480)?
A. Give it to his or her significant other as they can accept any amount.
B. They can do anything they want with it as directors don't have any laws that pertain to gifts or incentives.
C. As the member of the board has served for 4 years and this is his first "incentive" he has received, he will split it over the 4 years and be okay.
D. Give the ticket back as he or she can only receive $100 from all vendors in any one year.
What is D, give the ticket back as he or she can only receive $100 from all vendors in any one year.
Unless the governing docs say otherwise, how often does the board of directors have to meet for a condo hotel association (NRS 116B.525)?
A. Monthly
B. Quarterly
C. Every 100 days
D. Annually
What is D, annually?
How many positive votes do you need to terminate an association unless the documents state otherwise (NRS 116.2118)?
A. 75%
B. 80%
C. 90%
D. 100%
What is A, 80%?
Which of the following is a requirement to qualify a person as a supervising community manager (NRS 116A.165)?
A. Must be a broker in a real estate company.
B. Must be a professional community manager through a national organization.
C. Must have been engaged in the full time management of a common interest community for at least 4 years, 2 of which must be in the state of Nevada.
D. Must be the owner of a community association management company and have been an owner 2 or more years in Nevada.
What is C, must have been engaged in the full time management of a common interest community for at least 4 years, 2 of which must be in the state of Nevada.
How long is the term for a Commission member after the initial term, and how many consecutive full terms may they serve?
A) 2 years each, maximum one term
B) 3 years each, maximum two consecutive full terms
C) 4 years each, maximum three terms
D) 5 years each, unlimited terms
What is B) 3 years each, maximum two consecutive full terms?