CAI CAP2 case studies
CAI CAP2 · Put your knowledge to work in context.
CAP2 is a professional credential for people who manage or support the governance and operations of community associations - condominiums, cooperatives, homeowner associations and similar shared-ownership properties. It is aimed at managers, assistant managers and board-facing staff who need a working command of both the paperwork and the people side of the job. The exam is organized around six domains. Roughly a fifth of the content sits in governance, governing documents, and legal and ethical standards, with a similar share devoted to financial management, budgeting and reserve planning. The CAI CAP2 case studies are 5 cases and about 3,886 words.
1Rule 7.3: Rulemaking or Amendment, and a Director's Undisclosed Rental
Harborview Commons is a 240-unit condominium. Its declaration permits 'residential use only' and gives the board power to adopt reasonable rules, but any amendment imposing a new use restriction requires approval of two-thirds of all owners.
776 words, about 4 min2Summit Ridge: A 3 Percent Cap, a Three-Year-Old Reserve Study, and a Roof
Summit Ridge is a 120-unit association whose fiscal year begins January 1. The draft operating budget is 1.15 million.
810 words, about 4 min3Unit 12's Water Heater: Deductible, Declaration, and Thirty More Heaters
Lakeview Terrace is an 88-unit townhome association. In February a water heater in Unit 12 failed at 2 a.m.; water soaked the drywall of two adjoining units and ruined common-element hallway carpet.
755 words, about 4 min4Maple Grove: A Recall Petition, a Rumor, and Two Records Requests
Maple Grove is a 350-unit community. The annual meeting is three weeks away.
788 words, about 4 min5Riverbend: A Relative's Low Bid, Thin Insurance, and a Manager Signing Timesheets
Riverbend is a 500-unit association managed by a management company with one on-site manager and two maintenance technicians. The landscape committee solicited three proposals for a three-year, 96,000 contract.
757 words, about 4 min