According to the Community Associations Institute (CAI), all community associations have three basic, defining characteristics:
Membership in the community association is mandatory and automatic for all owners.- Certain documents bind all owners to be governed by the community association.
- Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association.
However, there is another:
4. Each community association has a board comprised of community members, who act in the best interest of the community by performing various duties.
As a Board member, you can help appoint committees, take part in constructing new community rules and regulations, and help decide on a community budget. You have the ability to help increase your home value as well as the safety and security of the community as a whole.
For more information on living in a community association, feel free to visit CAI’s website. There you will find information regarding governing documents for your community, community rules, regulations and fees, rights and responsibilities of homeowners in a community, and more. Also make sure to read our blog entitled, "What do board members do?" to learn more about the duties of a board member.
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