French, Susan F. (2000) Common interest communities: The Dilemma of shared resources in residential housing. CPR Digest, Vol.51. pp. 4-5.
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A “common interest community” combines individual ownership of housing with some type of common property the property owners support by paying assessments. The assessment obligation is created by a covenant that runs with the individually owned dwelling property. Condominiums, cooperatives, planned unit developments, and subdivisions with property owner associations are all common interest communities if the individual properties are obligated to support some type of common property. How much and what kind of common property varies widely. In a multi-unit structure, it usually includes at a minimum the roof, hallways, exterior of the building, and the land on which it sits.
| Item Type: | Articles |
|---|---|
| Keywords: | CPR, Community Development, Property Rights, Resources Management, Legal Issues |
| Subjects: | Right to Resources |
| Depositing User: | Users 4 not found. |
| Date Deposited: | 12 May 2022 10:12 |
| Last Modified: | 12 May 2022 10:12 |
| URI: | http://icsfarchives.net/id/eprint/13831 |
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