Valid restriction in a cooperative interest

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Reference no: EM131050456

1. Which of the following is not a valid restriction in a cooperative interest?

a. A requirement to offer the interest first to the corporation

b. A requirement on transfer at death

c. A requirement for approval prior to leasing

d. All of the above are valid restrictions

2. Which of the following is not a remedy available to homeowners' associations for violations of CCRs and rules?

a. Fines

b. Liens

c. Foreclosures

d. All of these remedies are available to homeowners' associations for violations

Reference no: EM131050456

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