Nevada Cam Exam

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| Questions: 29
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1. If you were looking for maintenance easements for a community, where would you most likely find those provisions?

Explanation

Maintenance easements for a community are typically found in the Plats or CC&R's (Covenants, Conditions, and Restrictions), as these documents outline the rules, regulations, and responsibilities for property owners within the community.

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Nevada Cam Exam - Quiz

Flash cards to help with studying for the Nevada CAM test

2. Board Members Must Do all the following EXCEPT:

Explanation

Board members are typically volunteers and do not receive a salary for serving on the board. The other options are important responsibilities and knowledge areas that board members should adhere to and maintain.

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3. After you have passed your final exam and have received your Certificate from the State of Nevada, what type of license will you normally be given?

Explanation

Upon passing the final exam in Nevada, individuals are usually granted a provisional community manager certificate, which allows them to work in the field of community management under supervision.

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4. Which of the following correctly describes a condominium in any State?

Explanation

A condominium is a type of housing where each individual unit is owned by the person living in it, whereas common areas are owned collectively by all unit owners. The concept of owning 'air space' refers to owning the space within the unit's boundaries, including the airspace above and below the unit. This is one of the key aspects of condominium ownership.

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5. How many days do you have to notify the division of any changes in your address after you receive your license regardless of the type of license you hold?

Explanation

According to NAC 116A.340, you are required to notify the division of any changes in your address within 10 days of receiving your license.

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6. How many days does each member of the Executive Board have after his appointment or election to certify in writing that he has read and understands the governing documents of the Association, the provisions of NRS 116 and NAC 116 – NRS 116.31034 Section 15?

Explanation

According to the rules, each member of the Executive Board has 90 days after his appointment or election to certify in writing that he has read and understands the governing documents of the Association, the provisions of NRS 116 and NAC 116 – NRS 116.31034 Section 15.

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7. National Night Out is which of the following?
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8. In which document would you normally find lender provisions?

Explanation

Lender provisions are typically found in the CC&Rs (Covenants, Conditions, and Restrictions) of a property, outlining the rights and obligations of both lenders and borrowers.

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9. What would you normally find in the Articles of Incorporation?

Explanation

The Articles of Incorporation typically outline the purpose of the Corporation, which is a key component of this legal document. While use restrictions and the number of officers or board members may be included in other corporate documents, they are not typically found in the Articles of Incorporation.

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10. Which of the following is the most accurate statement?
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11. If a common interest community is not defined as a condominium or a cooperative, which of the below could be considered as another type of Common Interest Community?

Explanation

A Planned Community is a type of common interest community that is not specifically classified as a condominium or cooperative.

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12. How would you define a limited common element?

Explanation

A limited common element refers to a component that is owned by the CIC, but is accessible to or used by fewer owners than all of the owners. The other incorrect options do not accurately define a limited common element.

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13. If you live in a condominium, what type of interest do you have in the common elements and common expenses?

Explanation

In a condominium, owners have an undivided interest in the common areas along with owning their individual units. This means that common areas are collectively owned by all unit owners.

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14. What is the purpose for an HOA to have landscaping?

Explanation

Landscaping in an HOA serves multiple purposes such as enhancing property value, satisfying developer-related provisions, and providing pleasing areas to break up housing units.

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15. Welcome Letters are good forms of which type of communication?

Explanation

Welcome letters are considered a written form of communication as they are typically sent in written format either physically or electronically to welcome someone.

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16. Which statement is the most correct statement?

Explanation

The correct answer is B because seating arrangement can play a role in controlling troubled Board Members during meetings by avoiding confrontational positions.

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17. Which of the following would you consider to not be a critical people skill?

Explanation

Critical people skills involve integrity, communication, and empathy. Finishing statements for someone without allowing them to express themselves goes against effective communication and empathy, which are essential in client interactions.

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18. When could a resident survey back-fire on a common-interest community?

Explanation

In a common-interest community, it is important for the Board to take resident surveys seriously and handle suggestions with respect and professionalism. Making fun of suggestions can discourage residents from providing feedback in the future and create a negative environment within the community.

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19. What role does the sales agent play in a new project or development?

Explanation

The correct answer is B because sales agents are crucial in fostering a sense of community within new developments and common-interest communities.

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20. A Board Member can be held personally liable for all of the following except:

Explanation

In this scenario, board members can be held personally liable for various reasons relating to their responsibilities. Options A, B, and C all involve ways in which a board member could be held liable for failing to fulfill their duties. However, option D is an exception as going along with decisions made by a majority of the Board that are against the law could potentially involve breaking the law themselves, and therefore would not shield them from liability.

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21. Which of the key components of Verbal Communication is all that is 'required' at an owner's hearing?

Explanation

At an owner's hearing, the key component of verbal communication that is required is listening, as it is essential to fully understand the information being presented and actively engage in the process.

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22. What does ensuring that the Secretary of State Corporate filing is completed and mailed annually NOT ensure for the Association?

Explanation

While ensuring that the Secretary of State Corporate filing is completed and mailed annually is essential for various reasons, it does not provide total protection against lawsuits. Other measures like having proper insurance coverage and following all legal requirements are necessary for this aspect.

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23. A Community Manager is considered to be an employee of the common interest community if:

Explanation

The correct answer requires that the Community Manager has exclusive dedication to the common interest community and follows the directions of the Board of Directors, indicating an employer-employee relationship.

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24. In Nevada, an employee can be fired at any time without cause?

Explanation

In Nevada, an employee can indeed be fired at any time without cause due to the state's laws regarding employment-at-will.

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25. Which of the following describes what a manager can 'take' as incentives annually from all vendors? NAC 116.482

Explanation

According to NAC 116.482, a manager can 'take' $500.00 annually from all vendors put together as incentives.

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26. What amount needs to be reported with the renewal of the license when you have received any 'gratuities' from vendors?

Explanation

The correct answer is option D. 'All of the above' because any 'gratuities' received from vendors, regardless of the amount, need to be reported with the renewal of the license.

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27. What amount does a member of the board need to report with the budget annually when he or she has received a "gratuity" from a vendor? NAC 116.480A.

Explanation

Per NAC 116.480A, a member of the board needs to report any gratuity over $15.00 annually. This amount is required to be disclosed as part of the budget for transparency and accountability.

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28. If a director is given a ticket for a function that costs $125.00 to attend from a vendor, what does the director need to do with the ticket?

Explanation

Directors are subject to rules and regulations regarding gifts and incentives to ensure ethical practices and avoid conflicts of interest. In this scenario, the correct course of action is to give the ticket back as the director can only receive up to $100 from vendors in any one year.

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29. What law(s) are condo hotels subject to in Nevada?

Explanation

Condo hotels in Nevada are subject to NRS 116 under state law.

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If you were looking for maintenance easements for a community, where...
Board Members Must Do all the following EXCEPT:
After you have passed your final exam and have received your...
Which of the following correctly describes a condominium in any State?
How many days do you have to notify the division of any changes in...
How many days does each member of the Executive Board have after his...
National Night Out is which of the following?
In which document would you normally find lender provisions?
What would you normally find in the Articles of Incorporation?
Which of the following is the most accurate statement?
If a common interest community is not defined as a condominium or a...
How would you define a limited common element?
If you live in a condominium, what type of interest do you have in the...
What is the purpose for an HOA to have landscaping?
Welcome Letters are good forms of which type of communication?
Which statement is the most correct statement?
Which of the following would you consider to not be a critical people...
When could a resident survey back-fire on a common-interest community?
What role does the sales agent play in a new project or development?
A Board Member can be held personally liable for all of the following...
Which of the key components of Verbal Communication is all that is...
What does ensuring that the Secretary of State Corporate filing is...
A Community Manager is considered to be an employee of the common...
In Nevada, an employee can be fired at any time without cause?
Which of the following describes what a manager can 'take' as...
What amount needs to be reported with the renewal of the license when...
What amount does a member of the board need to report with the budget...
If a director is given a ticket for a function that costs $125.00 to...
What law(s) are condo hotels subject to in Nevada?
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