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A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents. [1]
A community association manager is a manager of a condominium or homeowners association (including single-family home subdivisions, townhouses, or mixed-use development).The position is frequently confused with a property manager, who deals with individual rental units or a group of rental units, like an apartment complex.
Homeowners demanded a new management company, and in November the HOA board announced they were switching to one called CCMA. Wells told CBS Colorado he asked a board member if Bacon was involved ...
Strata management, sometimes known as "body corporate management", is a specialist area of property management involving the day-to-day operation and management of a property that is jointly owned and comprises multiple units, common areas and common facilities.
Logo of the Community Associations Institute. The Community Associations Institute (CAI) is an organization that represents homeowners, condominiums, and other community associations around the world.
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
The HOA governs the CID based upon the incorporated covenants, conditions, and restrictions (CC&Rs) which were recorded when the property was subdivided. [citation needed] The CC&Rs will outline the financial budgeting guideline for the HOA in determining the dollar amount in maintenance fees for assessing the owners. In a wholly owned CID ...
The Uniform Common Interest Ownership Act was created to provide a model set of laws to govern condominium, cooperative, homeowner association and planned unit development communities in the United States. Variations of the act have been adopted in Colorado, Washington (state), and some other states.
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