Reasons To Love and Not Hate Homeowners Associations


Dougmclain1092

Uploaded on Oct 28, 2022

Learn some important reasons that will tell you to love and not hate homeowners associations in this presentation. To know more information visit our website https://core-acct.com/ today!

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Reasons To Love and Not Hate Homeowners Associations

REASONS TLOV E AND NOT HATE HOMEOWNERS AcoreS- SOCIATIONS acct.com INTRODUCTION I f you are unfamiliar with what a homeowners association is, then you might wonder how one could love or hate them. A homeowners association is a community that enforces rules and manages common amenities for both the residents and visitors of a specifi c community. EXAMPLES OF MULTI-FAMILY UNITS: • Duplexes, this is a two-story house with two different families living on each floor. They will share a front door but the families will have separate unit entrances. • In townhouses, the families will live in one house that an interior wall will separate, the families will purchase the units separately and have different entrances. SINGLE-FAMILY UNITS: Single-family units are free-standing homes set alone on individually owned land. However, for a dwelling that’s attached to other homes to be considered a single- family home, it “must be separated from the adjacent unit by a ground-to-roof wall”. Preventing Fraud Another main goal of community associations is to manage large funds and prevent fraud. Here are a few examples: • Fraud • Embezzlement • Ineptitude These are just a few of the advantages that having a company like C.O.R.E Service can provide. Checks and balances are established through professional oversight. CONTACT US 360-524-9665 [email protected] core-acct.com PO Box 8 Vancouver, WA 98666, USA