Broward Master Associations
Master associations are single entities that are responsible for the maintenance of
multiple buildings within a single planned development, where each exists as a separate association. Each association keeps separate books and records and there is a separate budget for shared common expenses.
At Hawk-Eye Management, we have been providing property management
services to Broward master associations for years.
Multi-association projects are often governed by individual associations using a single master association to manage elements that are common to the entire development. These may include security, community pools, tennis courts and other common grounds. Each individual association creates its own rules to govern the use of its common elements and to develop its own budgeting and services. The master association manages only those elements that are shared by all of the individual associations. Each individual association contributes funds to pay for the services they provide.