Challenge activity, 1.4 Flashcards
Planned community
A real estate development that includes real estate owned by association, created for a purpose of managing, maintaining or improving the property, and in which the owner of separately own partials and mandatory members are required to pay association. Assessment is known as a. Hoa
When the sale of a unit is planned, community is pending the buyer must give extensive information about association and it’s by laws within———— of receipt of written notice for the
10 days
Less than 50
The seller must provide information to the buyer if there———-units in the plan community
Annually
The board of directors of a planned community association must meet at least