Real Estate Law
Spring 2017 Worksheet 11 Name: __KEY_
15 Points Chapter 11
True/False: (1 pt each)
F 1. A condominium unit cannot be mortgaged.
T 2. Cooperative boards can review and reject applicants who wish to purchase a unit in the co-op.
F 3. Condo and co-op board members have immunity from personal liability.
Multiple Choice: (1 pt each)
4. Which of the following is not included in the Declaration of Condominium?
a. Legal description of the property
b. Limitations on use of common areas
c. Legal agent or representative
*d. All of the above are included
5. In which of the following forms of multi‑unit housing does the owner own the land?
a. Condominium
b. Co‑op
*c. Townhouse
d. All of the above
6. What remedies exist for nonpayment of association fees?