Search results
Results From The WOW.Com Content Network
Founded in 1973, the organization has sought to be the people that build and service common interest developments [broken anchor] (CIDs) to become a significant force in interest group politics in many states.
Certified Community Association Manager (CCAM) is a professional certification in property management earned through the Minnesota Multi-Housing Association (MHA) or the California Association of Community Managers (CACM). Those certified as a CCAM are deemed by the association to have obtained a certain level of professional competence in the ...
In a common-interest development, the funds are managed through a board of directors (BOD) elected by the homeowners' association (HOA) from the existing owners. The board performs its duties based upon the covenants, conditions, and restrictions (CC&Rs). As outlined in the CC&Rs the board is responsible for producing budgets for the ...
Common-interest development (CID) is the fastest growing form of housing in the world today. [ 1 ] [ 2 ] They include condominiums, community apartments, planned developments , and stock cooperatives.
Under Davis–Stirling, a developer of a common interest development is able to create a homeowner association (HOA) to govern the development. As part of creating the HOA, the developer records a document known as the Declaration of Covenants, Conditions, and Restrictions against the units or parcels within the HOA with the county recorder.
A reserve study is a long-term capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
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.