Part 1, Management Flashcards

0
Q

General state statues

A

Apply to associations are the regular corporate or not for profit statues

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1
Q

Types of community associations

A

Planned
Condominium
Cooperative

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2
Q

Specific state statue

A

Apply to a certain type of community assoc and takes precedence over a general statue and over the governing docs.

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3
Q

Uniform state statues

A

To standardize specific state statues.

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4
Q

Hierarchy of authority

A
  1. Federal statues, regulations and court decisions
  2. State statues, regulations and court decisions
  3. Local county/ city, regulations and court decisions
  4. Plats
  5. Decs, CCR’s
  6. Articles
  7. By laws
  8. Resolutions
  9. Rules
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5
Q

Benefits of using a resolution

A

Provides a thorough approach to making rules, consistency, is a formal record of all rules made.

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