Master Associations Broward
Master associations are a single entity responsible for the maintenance of
multiple buildings where each exists as a separate association within a
single planned development. Each association keeps separate books and records and there is a separate budget for shared common expenses.
Here at Hawk-Eye Management, we provide services to master associations in
Broward and the surrounding areas.
Multi-association projects are usually governed by individual associations
using a single master association to manage aspects that are common to
the entire development, such as security. 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, including common grounds,
community pools and tennis courts. Each individual association contributes
funds to pay for the services the master association provides.