Master Associations Delray Beach Beach
Master associations in Delray Beach are a single entity that handles the maintenance of
multiple buildings where each exists as a separate association within a
single, larger planned development. Each association keeps its own books and records,
maintaining a separate budget for shared common expenses.
Multi-association projects are often governed by individual associations using a single master association to manage 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.