Master Associations Broward County
Master associations refer to a single entity that is responsible for the maintenance of
multiple buildings where each exists as a separate association within a
single planned development. Each association maintains separate books and records, and there is a separate budget
that goes toward shared common expenses. Here at Hawk-Eye Management, we
are proud to provide services to master associations in Broward County and
elsewhere in the area.
Multi-association projects are often governed by individual associations
using a single master association to manage elements that are common to
the entire development. 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 those elements that are shared by
all of the individual associations, including security,
community pools and tennis courts, and other common grounds. Each association contributes
funds to pay for the services this master association provides.