Which of the following is NOT typically established by the master deed?

Prepare for the M-100: Essentials of Community Association Management. Study with dynamic flashcards and comprehensive questions. Get set for your exam!

Multiple Choice

Which of the following is NOT typically established by the master deed?

Explanation:
A master deed sets up what is owned by individuals versus what the community association owns as common elements, and it provides the legal framework for the association to exist, operate, and fund itself. It describes how the development is divided between unit owners and the common property, and it establishes the association’s authority to manage those common areas and to levy assessments to pay for maintenance and services. It may outline governance at a high level, but the specifics of governance and day-to-day operations are usually laid out in the association’s bylaws and CC&Rs, not in the master deed itself. Regulating residents’ day-to-day personal conduct is addressed in those CC&Rs and in the community rules, not in the master deed. So the item about daily conduct is not typically established by the master deed.

A master deed sets up what is owned by individuals versus what the community association owns as common elements, and it provides the legal framework for the association to exist, operate, and fund itself. It describes how the development is divided between unit owners and the common property, and it establishes the association’s authority to manage those common areas and to levy assessments to pay for maintenance and services. It may outline governance at a high level, but the specifics of governance and day-to-day operations are usually laid out in the association’s bylaws and CC&Rs, not in the master deed itself. Regulating residents’ day-to-day personal conduct is addressed in those CC&Rs and in the community rules, not in the master deed. So the item about daily conduct is not typically established by the master deed.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy