Master Associations Deerfield Beach
Master associations in Deerfield Beach and across the area refer to
that single entity that handles the maintenance of
multiple buildings in a larger community, where each exists as a separate association within
the development. Each individual association keeps its own books and records,
maintaining a separate budget to take care of shared common expenses.
The master association often governs these multi-association projects, and its main responsibility is managing the common elements of the entire development, including pools, tennis courts, etc. 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, such as common grounds, security, and other community features. Each individual association contributes its own funds to pay for the services they provide.