Master Associations Pompano Beach
Master associations in Pompano Beach are generally the same. They refer
to the single governing body that is responsible for the maintenance of
multiple buildings within a larger planned community, where each of these
buildings has its own association and rules to live by. Each individual association
also keeps its own books and records, creating a separate budget
to take care of shared common expenses.
Multi-association projects are often governed by individual associations, with the master association in charge of managing any common elements to the entire development. Each association creates its own rules to govern the use of its common elements and to develop its own budgeting and services. The master association, on the other hand, manages those elements that are shared by all of the individual associations, including common grounds, community pools, basketball and tennis courts, security, etc. Each individual association contributes funds to pay for the services they provide.