Master Associations Highland Beach
Master associations in Highland Beach are those entities responsible for the maintenance of
multiple buildings where each acts as a separate association within a
single planned development. Each individual association keeps separate books and records,
and a separate budget is maintained for shared common expenses.
Often times, multi-association projects are governed by individual associations using a master association, which works 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, developing its own budgeting and services. The master association is responsible for managing those elements that are shared by all of the individual associations, including common grounds, security, community pools and tennis courts. Each individual association contributes funds to pay for the services they provide.