Community Associations (CA), Common Interest Communities (CIC) or Planned Unit Development (PUD) over the last thirty years has become a staple of new home development for many reasons. They may be in the form of a Condominium, Cooperative or Homeowner Associations but they all share in number of characteristic and 1 out of 6 US home fall within one.
Each one of these developments has document and disclosure requirements and they have a responsibility to the membership as a whole to operate the community for the good of all residents and to generally increase the combined property value
What is the affect of non- resident oriented contracts and what are the dangers that may come about because the communities were not making these decisions? It is reported by Community Association Institute, a national trade group of the planned community professionals, that 1 out of 6 homes in the US falls within such a place.
This same group projects that 50 percent of all new home developments are being built as planned communities.
According to the Wayback machine we put this online in Aug 2002. Whois has it up April of 02.
It is our opinion that for owners of homes that happen to fall inside a Common Interest Communities it has only gotten worse and the State of the Union Speech tonight will not offer any home for the Millions that find themselves in this situation together.
Lets see if the Gov has a plan for your CIC we are trying to get them to pay attention and please feel free to visit our new group to do just that. InternationalCommunityAssociation.org Help Us Help Your Community.
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